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Ellen Reyes

Photographer

Vultures Rising

Spring 2011 | Essays

On a recent October afternoon in downtown Miami, the same week the robo-signing scandal triggered a nationwide moratorium on foreclosures (a brief reprieve for homeowners, a vindication for their attorneys, and a harbinger of economic paralysis for pundits), I met up for a Sunday drive with Peter Zalewski, a condo-slinger whose company, Condo Vultures, has been feeding on the remains of Miami's real estate implosion. The day was mild, a spotless sky, mythically blue, with a sea breeze brushing the air—the climate around which an entire economy was invented. We drove along Brickell Avenue in Zalewski's Hyundai Sonata, the sunroof peeled open for a better view of the towers that loomed behind the palms along the street. You could see the bay in flashes in between the architecture.