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Neighborhood News

See Inside Kim Kardashian's New $14 Million Miami Beach Condo

12 28, 2018
Neighbors at Miami Beach's "Billionaire Bunker," Faena House, are about to receive some very high-profile neighbors. Kanye West and Kim Kardashian are in contract to purchase an oceanfront 4 bedroom apartment that is set to close in January. Unit 5A was originally listed for $15.5 million, but sources close to the seller report that it is in contract for $14 million with a quick closing to the superstars. The famous family is certainly no stranger to top-of-the-line real estate. They are notorious for making amazing deals on opulent properties and this apartment is no different. The Faena Complex was envisioned by…
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Inside Starwood Capital's New Miami Beach Headquarters

11 29, 2018
A sign of the times? Greenwich, Connecticut-based Starwood Capital has filed plans to build a new, expanded headquarters in Miami Beach, just across the street from one of their many successful projects in the area. This news comes just after CNBC published a report, stating that Florida could very well be the beneficiary of a mass-exodus from the Northeastern United States after President Trump's new tax bill comes into effect. Those who will be most affected are high earners in high-tax states such as Connecticut, New York, New Jersey, and California. Barry Sternlicht has long been an investment visionary, with successful ventures…
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Bloomberg: Miami Is Hotter Than Ever | Robb Report: Not So Much

11 23, 2018
While most of the Eastern and Midwestern United States is bracing for what President Trump calls a "brutal and extended cold blast that could shatter all records," Bloomberg is reporting that "Miami is Hotter Than Ever." Last week they published this video highlight, showing some of the neighborhoods that are popular to visitors including Coconut Grove, Little Havana and Wynwood. They also remind viewers that the average temperature in Miami is 75 degrees and it is the second most visited city by international visitors in the United States. It isn't just our amazing weather and convenient location that make Miami…
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Photos: DJ Khaled Buys Pine Tree Drive Waterfront Mansion

10 01, 2018
He has said himself that "All he does is win, win, win, no matter what,“ and today hip-hop celebrity DJ Khaled has proven himself to be true once again. He has closed on a palatial estate on Miami Beach's Pine Tree Drive for $21,750,000. The tropical modern estate was built in 2016 and sits on nearly 1 acre of waterfront land that can be seen from Collins Avenue. It has 9 bedrooms, 10 and a half baths and a two-level pool gazebo with a full kitchen, bathroom, an outdoor shower, and a fireplace. Ironically, the seller made his fortune from the iconic…
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Alan Faena's Lates Video of Faena District

12 16, 2016
To commemorate the opening of Developer Alan Faena's Rem Koolhaas designed Faena Form, Alan Faena put on a serious of incredible events, from a public carnival style parade, to a private show from none other than Madonna. It has been remarkable to whitness this dilapidated neighborhood transform to the new epicenter of art, culture, and entertainment in Miami Beach. Below is a stunning video showcasing the entire Med-Beach Faena District along with a note from Mr Faena.   Dear Friends, What was once an idea slowly turned into a laboratory for collective creation and a platform for the extraordinary; a reality…
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Miami Beach Convention Center

07 17, 2015
The Miami Beach Convention Center, which is home to countless events and trade shows is undergoing a $500 million renovation which is expected to be completed in 2017. Since the mid-1950's the Convention Center, then know as Miami Beach Exhibition Hall, has accommodated many well known annual shows including the Miami International Boat Show, as well as Art Basel. The center has been known as a focal point throughout Miami Beach but has finally been positioned for a new face lift. The newly designed center is expected to increase and create a more enhanced atmosphere while embracing the surrounding local landmarks,…
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The Residences at W South Beach Real Estate Hits $250 Million Dollars in Sales

02 07, 2012
Miami's landmark condo-hotel continues success through turbulent market The Residences at W South Beach real estate reports a total of $250 million in sales to date. This noteworthy milestone for the project follows a series of 40 closings between May and September 2011 with prices averaging over $1600-per-square-foot. The 408-unit oceanfront condo-hotel has consistently maintained its premium price point since the inception of sales in 2006, just prior to the market crash that caused the South Florida real estate bubble to burst and a high percentage of projects to halt efforts. Pricing at W South Beach continues to far exceed…
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Miami Real Estate Developers' Plans Getting More Creative

02 02, 2012
     If the real estate bust was good for anything, it might be that it's forcing developers to get more creative.    How creative?    Try high-rise condos with elevators for cars that allow you to park next to your living room — even if it's on the 20th floor. Or a shopping center adorned with artwork, and a parking garage that lets you pull up to the retailer of your choice. Or try turning a former landfill into a mixed-use development. Those were among the plans discussed Friday during a developer roundtable organized by the Greater Miami Chamber of Commerce.    Miami-Dade County…
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