Miami skyline 1. Miami is toughest place to rent in U.S. [Miami Herald]2. All-cash realty deals tumble in Miami [Miami Today] 3. Trump Plaza residents launch campaign to strip mogul’s name from building [GossipExtra]4. Court reverses verdict on Bahamian marina construction [Daily Business Review] — Sean Stewart-Muniz
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(Click to enlarge) The VisualHouse rendering of the downtown Miami skyline in 2030 (Aerial photography credit: SkyPan International) Miami’s real estate market is an ever-changing animal, and nowhere is that more evident than the city’s skyline. As this cycle’s building boom comes to fruition and new towers begin to open, the downtown area’s skyline is…
DetailsThe Broward Trade Center in Fort Lauderdale The Liberty Property Trust just sold a Fort Lauderdale office building to one of its tenants for $14.7 million. The deal includes the Broward Trade Center, located at 200 West Cypress Creek Road, less than a mile away from the Fort Lauderdale International Airport. Liberty, a real estate…
DetailsRenderings of Upper Buena Vista Developer Michal Aviv has launched a project in Miami’s Buena Vista neighborhood, aimed at retaining the area’s charm. Upper Buena Vista, a mixed-use development north of the Design District, will span 60,000 square feet and include retail, a 24-room luxury bed and breakfast, and rental cottages. “The general idea is…
DetailsFrom the New York website: For the first time in nearly a decade, the Federal Reserve opted Wednesday to raise short-term interest rates, signaling growing confidence in the U.S. economy and completing an action that those in the real estate industry had long expected. The Fed raised its benchmark interest rate by 0.25 percentage points,…
DetailsRenderings of Laguna House and Oscar Roger Roger Development Group is planning a boutique condominium tower at the Shops at Merrick Park in Coral Gables, aimed at local homeowners who want to switch to low-rise condo living. Laguna House, a 10-story luxury project, will have 13 units, ranging from 3,000 square feet to 6,250 square feet,…
DetailsFrom left: MaryAnne Gilmartin, Larry Silverstein and Stephen Ross From the New York website: In a huge win for real estate developers, Congress extended the popular, controversial and widely-debated EB-5 visa program for another year with no changes. Not a one. The program, which gives foreign investors a green card in exchange for a $500,000…
DetailsA building in Miami’s Upper Buena Vista neighborhood could be renovated and expanded into a mixed-use project featuring residential units, a restaurant and a boutique hotel. BVM Development, led by CEO Michal Aviv, wants to build the 60,000-square-foot project on the 0.85-acre site at Northeast 2nd Avenue and Northeast 50th Street. It acquired the property…
DetailsA building in Miami’s Upper Buena Vista neighborhood could be renovated and expanded into a mixed-use project featuring residential units, a restaurant and a boutique hotel. BVM Development, led by CEO Michal Aviv, wants to build the 60,000-square-foot project on the 0.85-acre site at Northeast 2nd Avenue and Northeast 50th Street. It acquired the property…
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