Tag: Faena House

Faena House beats Edition as highest priced new condo project

From left: Faena House, Peter Zalewski, and Residences at the Miami Beach Edition Propelled by individual purchases by high-powered Wall Street executives, the new Faena House condo tower is beating out the nearby Residences at the Miami Beach Edition as the highest-priced project per-square-foot transacted during this current South Florida…

Billionaire Ken Griffin wants to flip his Faena penthouse: $73M

Renderings of the Faena House penthouse and Kenneth Griffin After buying a penthouse at the Faena House for $60 million last year in Miami-Dade’s top residential purchase, billionaire hedge funder Ken Griffin has put the property back on the market for $73 million. Griffin never combined the duplex unit — with…

Biggest Miami-Dade residential sales of 2015

Clockwise from left: 5800 North Bay Road and Phil Collins, Faena House and Ken Griffin, and 17 Indian Creek Spec homes, mega-mansions, and vacant land — oh my. It was a banner year for residential sales in Miami, with big houses trading between even bigger names, from January all the way…

Billionaire hedge funder nabs Faena unit for $20M

James Dinan (Credit: Forbes) and renderings of Faena House Billionaire hedge fund manager James G. Dinan is joining other billionaires and hedge funders at the exclusive Faena House – Dinan paid $20 million for a unit, Miami-Dade County records show. He bought unit 14A, a 4,730-square-foot residence with four bedrooms and six bathrooms.…

Faena House unit sells for $15M

Renderings of the newly completed Faena House A unit on the 11th floor of Faena House closed for $15 million, Coldwell Banker announced on Tuesday.  Unit 11A, a 4,730-square-foot residence, sold for $3,171 per square foot. It includes four bedrooms, six bathrooms and one half-bath, as well as a 1,516-square-foot wraparound balcony.…

Alex Blavatnik buys at Faena House for $11.6M

Renderings of Faena House A company managed by Alex Blavatnik, brother of billionaire Len Blavatnik, dropped $11.55 million on fifth-floor unit at Faena House, Miami-Dade County records show. Alex Blavatnik is executive vice president of Access Industries, the conglomerate that controls Warner Music Group. He’s listed as the manager on the…

Consumer products CEO Chuck Khubani drops $18.5M at Faena House

Renderings of Faena House (inset: Chuck Khubani) Ashok “Chuck” Khubani, the founder and CEO of Ontel Products and brother of AJ Khubani, is among the buyers at the exclusive Faena House, county records show. Ask Florida LLC, a company led by Chuck Khubani and family members, purchased unit 10A for $18.5…

Penthouse at Faena House sells for $29M

Renderings of Faena House A second penthouse unit has sold at the exclusive Faena House tower in Miami Beach. Pomes Miami Beach Inc. paid $29.17 million for unit PH-A, according to a deed filed in Miami-Dade records on Monday. More information on the company is not available in state or county…