Published by Peter Zalewski
10/6/2024 
7:51:54 PM 
Police arrested board member Gregori Arzumanov of the Turnberry On The Green condo association in Aventura on Tuesday. (Image courtesy of WSVN.com)
In what could be a harbinger of things to come under the newly revised Florida Condo Law that promotes condo association transparency, the president of a highrise tower in Northeast Miami-Dade County was busted in an alleged $1.5 million embezzlement scheme on Tuesday.
Gregori Arzumanov – the quantum physicist-trained president of the Turnberry On The Green condo tower in Aventura – was arrested on Oct. 1, 2024, on a number of felony charges, including racketeering, grand theft and money laundering, according to a Miami-Dade County arrest warrant.
Police arrested Arzumanov at the tower where he is accused of acting like the “king of the condo” at 19501 W. Country Club Drive, according to WSVN.com.
Miami Condo Inventory Report
This is a snapshot of the tricounty South Florida region Of Miami-Dade, Broward And Palm Beach.
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| South Florida | 25,314 | 11.4 |
| Miami-Dade County | 10,322 | 12.5 |
| Broward County | 9,049 | 11.5 |
| Palm Beach County | 6,083 | 10.1 |
Peter Zalewski is a former financial journalist, condo consultant, expert witness, licensed Florida real estate broker and the founder of the Miami Condo Investing Club™ (MiamiCondo.Club).
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