There have been signs that Miami’s condo market is heading for a sharp downturn for more than a year now, and developers are positioning themselves for the burst in the bubble. Carlos Rosso, the president of condominium development at Related Group, tells The Wall Street Journal that this time last…
Downtown’s iconic Freedom Tower will soon have new neighbors. The only question is who? The tower’s owner, Miami Dade College, also owns a 2.6-acre lot next door. The primo space on Biscayne Boulevard is currently used as a surface parking lot for the school’s Wolfson Campus. Last year, the school received an unsolicited…
The Miami Dolphins maintain they’re committed to Ryan Tannehill, and the quarterback certainly seems committed to South Florida. Tannehill and his wife Lauren just plopped down $4.3 million for a mid-century modern pad in the heart of Fort Lauderdale. Located in the Colee Hammock neighborhood not too far off Los…
Perhaps you’ve noticed the phenomenon of major articles about Miami popping up in the national press roughly between November and April every year. This year, a general theme of many of those articles has emerged: the serious subject of climate change. Vanity Fair led the pack in December. The New…
Opponents of the Midtown Miami Walmart aren’t surrendering. Miami Circuit Court Judge Michael Hanzman yesterday said Miami Planning Director Francisco Garcia should hand over “qualifying emails” related to the construction of the 203,000 square foot, three-story store planned for North Miami Avenue and 29th Street. Though a court found in…
Prince Royce is making all sort of moves lately. The Bronx-born, Latin pop star cracked the mainstream last year with his first English-language album. Ten he starred in Fox’s live broadcast of The Passion over the weekend — and has a role in the upcoming Hulu series East Los High. …
The Wynwood real estate market certainly isn’t settling down anytime soon. Prices just keep going up. In fact, a warehouse that sold for just $3,000,000 in 2014, was just re-sold for an astounding $22 million. That’s an astounding 663 percent gain on an investment that was made a mere 17 months ago. …
The two biggest stories in Miami right now and for the foreseeable future: the looming threat of sea-level rise and the gentrification and development of formerly working class ethnic neighborhoods and the dearth of affordable housing. Nothing else poses bigger problems to our city’s future, and both stories have been…
What an amazing time to be a rich person in Miami-Dade. The market just keeps providing you guys with luxury things that us poorer people couldn’t even imagine actually existed. Things like condos for your cars. No, not condos to actually live in and park your car nearby like the…
How do you quantify “charm?” Well, the website RentLingo thinks its figured out the mathematics behind what makes an area “charming” and have ranked Miami as America’s most charming mid-sized city. That’s a nice counterpoint to yesterday’s assertion that Miami was the 8th worst city to live in America by…
For years, Coors has branded its beer with soaring mountain landscapes and slogans like: “”Brewed With Pure Rocky Mountain Spring Water.” But what if it’s not? As Coors has expanded from a regional favorite to a corporate giant that brews Coors Light all over the country, it’s famed Golden, Colorado…
US News and World Reports, the also-ran news weekly famed for its rankings of colleges and universities, has decided to try and work its rankings magic on cities. The magazine ranked America’s 100 biggest cities by livability. Miami came in 93rd out of 100, or 8th worst. To come to…
Miamians tend to enjoy their lives. They feel that they have purpose, enjoy their close network of friends and family, and are in some of the best physical shape of anywhere in the country. Just don’t bring up Money. Locals are also some of the most financially stressed in the…
Most Miami Heat stars opt for a Miami Beach mansion, a downtown condo or an estate in the like of Coconut Grove or Coral Gables. The team’s reigning star, Goran Dragic, decided to look a little bit more north in his search for a permanent pad in the 305 and…
Thousands of hotel rooms are scheduled to come on the market in the next few years in the already hotel-heavy Miami market, but hotels are no longer the only choice tourists have for lodging. Airbnb has shaken up the hotel market by allowing people to directly lease their homes out…
Miami’s urban core has long been missing a feature almost every major city on earth has: an Apple store. For years downtowners and mainlanders have had to travel to South Beach, Kendal or Aventura if they’ve wanted to visit the Genius Bar or pick up a new Mac charger chord. …
Last year hedge fund billionaire Kenneth Griffin set Miami real estate records when he purchased the penthouse at the Faena House in Mid-beach for $60 million. It was the most expensive residential real estate transaction in Miami-Dade history, and the single most expensive home sale in America during 2015. Well,…
Gun lovers across Florida who fear someone is coming to steal their guns now have even more places to go shopping for more guns, according to a new report. Data analyzed by research firm BuildZoom shows there are now 47 percent more sellers from which to buy guns in the…
Ask a bunch of kids which feature they’d like to see in their dream mansion, and you’ll likely hear a few of them say they’d want a water slide that connected their bedroom directly to the pool. Well, a newly built $34 million spec home on Miami Beach makes that…
If you want to live a lifestyle infused with that Armani touch, buy a unit in the underconstruction luxury towaer Residences by Armani/Casa in Sunny Isles Beach. But if you really, really love everything Armani and want a once in a lifetime Armani experiance, well, you’ll have to buy the Penthouse. …
King of Diamonds might be the world’s greatest hip hop strip club, a place where Floyd Mayweather makes it rain $100,000 in one night and Lil’ Wayne regularly drops the equivalent of a small European nation’s GDP. But some of KOD’s strippers say that wealth hasn’t filtered down to them,…
Hotels, by definition, are for tourists. Yet Miami locals love our hotels. We love eating at their restaurants, sneaking into their pools, dancing at their clubs … sometimes waking up in their beds next to a Brazilian we met at their club. You know how it goes. There’s no short…
