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This is the tallest residential building in the southern hemisphere. There was a time when the building was ruled by drug dealers and pimps, but the 567-foot concrete structure has cleaned up its reputation. The 54 stories high “cylinder” with an unusual hollow inner core is hated because it was the home of the elite white, hip and young urban dwellers before it fell into despair and became a “no go” zone. In the 1990’s there was talk of turning Ponte into a prison.