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crescent heights

Russell Galbut’s Crescent Heights lists Alton Road retail property for $5.5M

Aerial view of the building. Inset: listing brokers Alex D’Alba and Scott Sandelin, and developer Russell Galbut Developer Russell Galbut is looking to sell a piece of his Miami Beach pie. A company tied to his development firm Crescent Heights listed… Continue Reading →

Rehab buildings targeted by Crescent Heights for redevelopment score county approval

Russell Galbut and the corner of Northeast Fourth Avenue and Northeast 31st Street Crescent Heights’ bid to purchase a drug addiction rehab clinic in Edgewater cleared its first government hurdle on Friday. The Miami-Dade County Plat Committee approved the company’s… Continue Reading →

Galbut clears one hurdle in quest for revised project at South Shore Hospital site

The site at 500 Alton Road and Russell Galbut Over the objections of one of their colleagues, the Miami Beach City Commission voted 5-1 to allow developer Russell Galbut to seek approval from the city’s land use boards for revised… Continue Reading →

Galbut wants to trade land with Miami Beach for taller development heights

The site at 500 Alton Road and Russell Galbut Russell Galbut is floating a possible deal with city officials that would give Miami Beach land to build a transit hub in exchange for looser height restrictions on his residential project…. Continue Reading →

Miami Beach Firestone on Alton Road to become 24-hour Al’s diner

Firestone at 1575 Alton Road Miami Beach residents could once again be filling up at the old Firestone service station on Alton Road – except instead of getting gas and new tires, they’ll be munching on gourmet treats. Keith Menin… Continue Reading →

Mixed-use retail hotel project for “1212 Lincoln Road” gets design review approval

New rendering of 1212 Lincoln Road in Miami Beach The Miami Beach Design Review Board on Tuesday approved nine variances and granted approval for a new five-story mixed-use project that will bring a hotel, luxury retail, and a large indoor… Continue Reading →

Forte sells 1600 Alton in Miami Beach, retail development planned

1600 Alton Road Forte Properties just sold its retail building on Alton Road for $12.25 million, and the new owner is already eyeing redevelopment plans. The deal was announced by listing brokerage Marcus & Millichap, which was hired to represent… Continue Reading →

Crescent Heights lists 149-unit bulk condo in Sunrise

Tao, at 2681 Flamingo Road in Sunrise Crescent Heights is looking to sell a bulk condo portfolio it owns at Tao in Sunrise, a lakefront luxury condominium development.  The real estate firm is listing the 149 units it owns at the two-tower,… Continue Reading →

Crescent Heights lists 149-unit bulk condo in Sunrise

Tao, at 2681 Flamingo Road in Sunrise Crescent Heights is looking to sell a bulk condo portfolio it owns at Tao in Sunrise, a lakefront luxury condominium development.  Berkadia’s Fernando Polanco, Tal Frydman and Yoav Yuhjtman The real estate firm is listing… Continue Reading →

Russell Galbut scores $34M loan for Baptist Health facility

Rendering of proposed Baptist Health facility at Alton Road and Seventh Street in Miami Beach Developer Russell Galbut’s Crescent Heights closed on a $34 million loan for Baptist Health South Florida’s new facility on Alton Road.  Alton Road Development LLC,… Continue Reading →

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