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South Beach penthouse re-listed $18 million under original asking price

The 321 Ocean penthouse re-listed for $35 million (Source: Curbed Miami) The owners of a South Beach penthouse re-listed the residence for sale with a $35 million asking price, $18 million less than their original asking price. Boris Jordan and… Continue Reading →

National Cheat Sheet: US home sales fell to a 2017 low in July, WeWork scores $4.4B investment from SoftBank … & more

From left: Home sales and WeWork’s Adam Neumann From TRD New York: Co-working company WeWork gets a $4.4B investment from SoftBank Japanese conglomerate SoftBank’s investment in WeWork is larger than previously reported. While various news reports earlier this year put SoftBank’s… Continue Reading →

Waterfront home in Palm Beach sells for $8.75M

1280 North Lake Way Inset: Christian Angle A waterfront home in Palm Beach just sold to an undisclosed buyer for $8.75 million, property records show. The home at 1280 North Lake Way spans about 2,600 square feet. The trade breaks down… Continue Reading →

South Florida by the numbers: Hot town, summer in the city

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. BREAKING NEWS: It is really, really hot outside. We know, this is not terribly shocking information for readers familiar with… Continue Reading →

Thomas Kramer loses waterfront Star Island homes to winning $40M bid

5 Star Island and Thomas Kramer South Beach developer Thomas Kramer has lost his party homes. Kramer’s lenders submitted the winning $40 million bid for his Star Island mansions on Tuesday. Verena von Mitschke-Collande and Claudia Miller-Otto won the auction… Continue Reading →

Lincoln Road to get anti-terrorism barriers

Lincoln Road Miami Beach’s Lincoln Road will get anti-terrorism barriers following the latest vehicle-ramming attack in Europe. Temporary concrete barriers will be installed along the curb line on the Alton Road and Washington Avenue entrances to the popular pedestrian mall,… Continue Reading →

Co-working office landlord Büro buys downtown Hollywood location

2031 Harrison Street in Hollywood and Michael Feinstein Co-working office space provider Büro LLC and a joint venture partner have closed on their $1.15 million purchase of a building in downtown Hollywood, Michael Feinstein, founder and CEO of Büro, told… Continue Reading →

Check out construction progress at the Ritz-Carlton Residences in Miami Beach

Construction of the Ritz-Carlton Residences, Miami Beach is in the homestretch. With most of the exterior done, the 7.5-acre project at 4701 Meridian Avenue is taking shape. Nearly all windows have been installed, glass railings are mounted on balconies and stucco and paint… Continue Reading →

Chef Eric Ripert sells his Miami Beach pied-à-terre

Maison Grande unit 1506 and Eric Ripert Master chef Eric Ripert has bid adieu to his Miami Beach condo, his listing agents told The Real Deal. Ripert and his wife Sandra sold the 1,271-square-foot, two-bedroom unit at the Maison Grande at… Continue Reading →

Michael Comras pays $5M for missing piece of South Beach development site

Rendering of BLVD at Lenox and Michael Comras Michael Comras paid $5 million for the missing piece of a development site in South Beach where he plans to build a new retail complex. Property records show Comras’ MAC 1045 5th… Continue Reading →

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