NY billionaire talks about his St. Pete tower on visit

Nearly 15 months after a ceremonial groundbreaking event, the billionaire developer behind the $400 million Residences at 400 Central in St. Petersburg paid a visit to the city Jan. 28 to see the site of what’s expected to be the largest residential tower on the Gulf Coast.

Rather than tussle with affordable housing protesters and glad hand with well-wishers at a staged event as he did in October 2021, this time John Catsimatidis Sr. held court at the tower’s sales office after filming a promotional video on the construction site to provide an update on the tower and to discuss his plans for St. Petersburg.