If you piled up all of the money earned last year by all of the residents in the Miami-Fort Lauderdale-West Palm Beach metro area, you’d wind up with a stack of almost $300 billion. That’s according to the U.S. Bureau of Economic Analysis, which has released its annual rankings of total personal income (TPI). Click on the View Slideshow button for a rundown of...
New Yorkers flock to Miami more than any other city during the holiday season
Considering only the deranged can possibly enjoy frigid winter temperatures it’s not surprising to see Miami rank as New Yorker’s No. 1 travel destination during the holiday season. According to Balsam Hill’s interactive map, which reveals the most searched holiday flight destinations in the country, Miami dominates New Yorker’s travel plans. Orlando and...
Why Are The World’s Top Real Estate Investors Risking Billions On Miami’s Riverfront Renaissance?
Inevitably it seems that rivers are one of two things to a city: either a vital, vibrant artery stitching it historically together (think the Seine through Paris, the Sumida through Tokyo, or the Chicago River through the downtown Windy City), or an industrial, black water pipeline which, decade after decade, sacrifices a thriving, walkable waterfront for a...
Miami buyers get more for less than they would in New York, and elsewhere
Median home price in the U.S. is averaged at $300,000, which gets you, again on average, 1,700 square feet. But when you boil it down, those numbers don’t really mean anything, because they represent too wide an area. That’s precisely why Point 2 Homes applied those U.S. averages to the country’s 50 biggest cities to see what $300,000 could get a homebuyer. In...
Ritz-Carlton Is Out to Make Art Studios the Latest Must-Have Amenity in Luxury Living
Walk into one of Tatiana Blanco’s parties and you’ll find guests gathered around a blank canvas, not a TV or the kitchen table. “I needed an outlet—a place where I could release my emotions more spontaneously. And I saw that my friends did, too,” says the sculptor from her home and studio in Key Biscayne, a small island town across the bridge from Miami....