Historic retail strip sells for $10 million

A strip of retail buildings, some declared historic landmarks, were acquired for $10.25 million in wealthy Palm Beach. Vesenaz Inc., a Netherlands Antilles company headed by President Faisal Alsaud, sold the property at 207 and 211 Royal Poinciana Way and 212 Sunset Ave. to MSPB LLC, managed by local developer Robert Frisbie. The property has…

Miami-Dade County could mandate workforce housing

The Miami-Dade County Commission on June 7 will consider a plan that would aggressively promote the development of workforce housing by mandating that larger developments make up a certain percentage of units affordable for working households. The Mandatory Workforce Housing Program was sponsored by Commissioner Barbara Jordan. It would address the shortage of affordable housing…