Jet-set travelers who own homes in multiple places around the globe have high expectations. So high, in fact, that one Miami condominium building is offering buyers a one-year membership to Jetsmarter, a service that provides rides on private planes between major cities. Stellar service and valuable amenities are an expected part of the package when you buy a...
Boutique is the new black- Condos Miami
Boutique condo projects designed to appeal to buyers seeking the privacy of a single-family home with the convenience of a condominium are rising up across South Florida. Developers say they’re turning to smaller projects in order to attract baby boomers accustomed to single-family homes amid lagging interest from the region’s typical foreign condo buyers....
Miami Beach moves to create North Beach Historic Districts
The Miami Beach Historic Preservation Board on Tuesday recommended creating two local historic districts in the city’s North Beach neighborhood. Now it’s up to the Miami Beach City Commission, which will likely begin discussions on the creating the districts at its monthly meeting next week. Discussions about creating local historic districts in North Beach,...
Gindi Family plans major Wynwood retail project after $53 million dollar purchase
In one of Wynwood’s largest deals to date, the Gindis, famous for their ownership of the Century 21 Department Store chain, just paid $53.5 million for a chunk of Wynwood property where they are planning a two-story retail development. The family, acting through their company ASG Equities, bought the buildings at 2600-2630 Northwest Second Avenue just a block...
Florida Jumps Texas as third most popular state among billionaires- Forbes
Florida’s wealthiest residents have some new neighbors. An influx of the ultra-rich has boosted Florida to third place for popularity among billionaires in the Forbes 400 list. Nine new billionaires from the Forbes 400 are calling Florida home this year, raising the state’s roster of the ultra-wealthy to 40. That’s also seven more billionaires on the list than...
Crest Hotel Suites Miami Beach sells for $24 million
Blue Road is buying the Crest Hotel Suites in South Beach for $24 million, as it boosts its collection of boutique properties, The Real Deal has learned. The deal is expected to close this week, Blue Road principals Jorge Savloff and Marcelo Tenenbaum told TRD. The Crest, at 1670 James Avenue in Miami Beach, has two adjoining buildings with a total of 69 units,...