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| Judy Russell, Vice President / Managing Broker 305-279-8814 |
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A Sneak Peek At Miami’s Brickell City Centre
MIAMI (CBSMiami) — Welcome to Miami’s newest retail destination – the Brickell City Centre. It’s 4.9 million square feet -spanning three city blocks. Swire properties purchased the land eight years ago and it’s been under construction for about four years. “It’s a very exciting time. We’re 91 percent leased and have active negotiations on what little space we have left so its very exciting,” said said Steve Owens, President of Swire Properties. At Tuesday’s media first look press tour, it was plain to see the center is still very much under...
read moreFlorida Overtakes Texas As Third Most Popular State For The Exclusive Forbes 400 Club
Last year billionaire hedge fund manager David Tepper held the title of New Jersey’s richest. But he has since moved (along with his $19 billion firm) to Florida, a state with no estate or personal income tax. Advantageous for him, perhaps: he logged about $1.2 billion in earnings in 2015. Not so much for the Garden State, as it might suffer a budget shortfall once Tepper stops contributing to its tax roll. Last year billionaire hedge fund manager David Tepper held the title of New Jersey’s richest. But he has since moved (along with his $19...
read moreSaks Fifth Avenue President Marc Metrick calls Miami the New York of the South
Most of the stores in Brickell City Centre’s 500,000-square-foot mall weren’t quite ready to ring up sales when the project opened its doors on Thursday, but anchor Saks Fifth Avenue had its 140 employees prepared to greet customers on day one. Saks Fifth Avenue President Marc Metrick flew down from New York to witness the seventh store opening by his company this year. The luxury retailer, a subsidiary of Hudson’s Bay Co. (Toronto Stock Exchange: HBC), has completed most of the interior buildout of the three-story, 107,500-square-foot store...
read morePopulation growth helping state economy recover
WINTER HAVEN — Florida’s unemployment rate and job growth are outpacing their national counterparts, while the U.S. economy continues to recover at a faster clip than the rest of the world. Those were among the topics of conversation at the 13th Annual East Polk Economic Summit. The event took place Wednesday morning at Polk State College’s Winter Haven campus and was highlighted by presentations from a pair of speakers. Allen Sukholitsky is a vice president and senior market strategist with Goldman Sachs Asset Management in New York, and his...
read more25 Old-School Miami Restaurants, Bars and Markets Still Worth Visiting
Miami might be a young city in the grand scheme of things — it was only incorporated in 1896 — but we still have plenty of spots that have some history behind them that also serve solid food and drink. We’ve rounded up the top 25 places in the Magic City worthy of checking out where you can can get a heaping side of nostalgia along with a delicious meal and beverage. Click Full Article for more details. Full Article Save Article Article Feedback Share Article
read moreNAR: Pending Home Sales Edge Up In September
Key Takeaways After a dismal August, NAR’s Pending Home Sales Index rebounded to the fifth highest numbers seen in a year. September’s PHSI rose 1.5 percent to 110.0 from a downwardly revised 108.4 in August. Everyone loves a good comeback. In January, the Cleveland Cavaliers rebounded from a 3-1 finals performance to clinch the top spot in the NBA. In a week, the Chicago Cubs may complete one of the greatest comebacks ever by winning the World Series for the first time since 1908. And, according to the National Association of...
read moreArt Miami Announces this Year’s Selection of Art Basel week International Exhibitors
Art Miami, returning for its 27th installment during Art Week in Miami, opening November 29 and continuing through December 4, has announced its 2016 exhibitor list. One of the nation’s leading international contemporary and modern art fairs will showcase an array of iconic and exemplary works, dynamic projects and special installations from more than 130 international exhibitors. This year’s fair kicks off on Tuesday evening with a VIP Private Preview to benefit Pérez Art Museum Miami (PAMM) in the Art Miami Pavilion (3101 NE...
read moreA credit card’s impact on credit scores has changed
NEW YORK – Oct. 27, 2016 – Applying for a home loan? You may want to consider paying off your credit card bill first. Thanks to a recent change by major credit rating agencies, mortgage lenders can now look at whether you pay off your bill every month or keep a balance. That means homebuyers who pay off their credit cards may earn an advantage when looking for a mortgage. Historically lenders reviewed basic information such as your total debt and whether you were on-time with your payments when deciding whether to make a home loan. But they...
read moreMiami home prices up $50,000 since last year in September
Miami home sales fell yet again in September, but the market’s mid-section continued to prove popular among buyers, according to a joint report from the Miami Association of Realtors and the local MLS. Across Miami-Dade County, total sales of all property types fell 14.7 percent year-over-year, while single-family sales fell 10.8 percent and condo sales slipped 18.3 percent. Market-wide demand has been falling most of the year, especially compared to the record and near-record years of 2013 and 2014. Huge price gains this year A positive stat...
read moreFlorida real estate market rapidly returning to ‘normal’
WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.” The study also found that Florida and many of its metro areas are improving quickly. The state came in second to Nevada as “most improved,” and four metro areas made the top five for most improved month-to-month: Las Vegas, Palm Bay, Tampa, Orlando and Sarasota. In Freddie Mac’s list of metro areas...
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