Category: Star Island

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 for the adjacent properties at 4 and 5 Star Island Drive,

Thomas Kramer’s Star Island mansions head to court-ordered auction

5 Star Island and Thomas Kramer German developer Thomas Kramer’s two Star Island mansions are heading to the auction block next week over a $192.4 million judgment. The late Siegfried Otto, whose stepdaughter married Kramer, reportedly financed the purchases of the Miami Beach homes. His heirs, Verena Von Mitschke-Collande and

Back again: Stuart Miller secures approval for Star Island mega-manse

Renderings of 11 Star Island and Stuart Miller A Miami Beach board approved Lennar CEO Stuart Miller’s new Star Island compound on Friday morning.  Miller, one of the country’s biggest homebuilders, will build a home to match his title: a 120,000-square-foot property (outdoor space included) with underground parking, a lagoon, guest

Another Star Island manse to be knocked down

Plans for 44 Star Island The Miami Beach Design Review board this week unanimously approved design plans for the construction of a new lavish residential project at 44 Star Island.   The decision will allow owner Shay Kostiner to demolish a six-bedroom, five-bathroom mansion built in 1935 by John H.…

Star Island manse to be demolished, replaced by modernist home

Existing home at 31 Star Island Drive and rendering of proposed new home by Kobi Karp The Miami Beach Design Review Board on Tuesday unanimously approved design plans for the construction of a new 8,800-square-foot modern home that will replace a 14,800-square-foot mansion at 31 Star Island Drive, built in…

Star Island manse spared wrecking ball — for now

The existing home at 31 Star Island Drive and a rendering of the proposed home by Kobi Karp A hedge fund couple will have to wait a little longer before they can replace a 13,681-square-foot, 1920s-home on Star Island with a modern 9,178-square-foot home. The Miami Beach Design Review Board postponed a decision on approving