How much are residences on the world

Frank C. Carlucci, a secretary of defense during the Reagan administration, is a cofounder and chairman emeritus of the equity firm. More than twice the size of The World , the ,ton Utopia will have residences ranging from 1, to 6, square feet and a room boutique hotel and casino.

Si Liberman can be reached at siliberm aol. The World will be overtaken as the largest residential cruise ship with the scheduled launch in of the South Korean ship Utopia. Boston Globe video. Oct 26, , pm EDT. Oct 26, , am EDT. Edit Story. Apr 23, , pm EDT.

The World in Sydney The World. Residence , currently for sale on The World The World. The swimming pool on board The World The World. No place for Oprah. During CNN's tour of the boat's facilities, various residents float by. Looking like passengers of a regular cruise ship, they all cheerfully greet by name our guide Lisa Spiller, who joined as residential director of The World six months ago.

Everyone who passes, I realize, is at least a multi-millionaire. Just how rich, I ask Spiller -- who herself is dripping in what appear to be diamonds -- are residents of The World? They collect art. This is not their only residence. She smiles. The wrong kind of success, however, could see a wealthy candidate vetoed by the vetting committee. It boasts a wonderful wrap-around terrace that today has an unobstructed view of the Hong Kong Island skyline.

We don't want paparazzi here. This boat is a refuge, a sanctuary. Today, unidentified families reside on the ship, who all have undergone a strict vetting process before being allowed to buy. Roughly half of those on board are North American, about 45 are European and another 20 are South African. The average age is 64 years old. General manager Sandra Mooney says that, on average, most residents spend about six months a year on board the ship, which flies the Bahamas flag and adheres to that country's rules when in international waters.

Befriending penguins in Antarctica. Savoring a meal at the three-Michelin-star restaurant elBulli in Spain. There are Residences on The World ranging from studios to expansive three-bedroom units and a luxurious penthouse. Details are provided at the time of enquiry. Yes, annual ownership costs are additional and are based on the square footage of the apartments. The original inventory of Residences was sold out in June , however there are currently a select number of Residences available for resale.

A Guest Stay Program is in place as a service to Residents, however it is not intended to drive revenue or occupancy. A diverse group of Residents from 20 countries own the homes onboard and share interests in world cultures, history and adventure, and exploring fascinating destinations.

They circumnavigate the globe every two to three years following an extraordinary itinerary that they select.

In-depth expeditions and one-of-a-kind experiences are complemented by world-class amenities and impeccable service.