Tag

Lincoln Road

Most Lincoln Road cafes cited for too many outdoor tables win appeals against Miami Beach

Pizza Rustica on Lincoln Road What a difference a few weeks makes: Most of the 13 Lincoln Road operators given suspensions last month for allegedly putting out too many tables and chairs at Halloween have had their violations dismissed and… Continue Reading →

605 Lincoln Road retail space hits the market, could fetch $30M

605 Lincoln Road retail space and Luis Castillo The ground-floor retail space at 605 Lincoln Road in Miami Beach has just hit the market, and could fetch $30 million, The Real Deal has learned. New York-based Thor Equities and ASB… Continue Reading →

Pizza Rustica, other Lincoln Road restaurants face sidewalk permit suspensions

Pizza Rustica on Lincoln Road More than a dozen Lincoln Road restaurants’ owners and representatives are crying foul over a recent city of Miami Beach crackdown on unpermitted outdoor tables and chairs during Halloween. In early December, Miami Beach officials… Continue Reading →

Lincoln Road is still country’s fourth-priciest retail market — but for how long?

Lincoln Road (Credit: Phillip Pessar) and Greg Masin A flurry of investment deals over the last year helped propel Miami Beach’s Lincoln Road toward the forefront of North America’s most expensive retail markets. But a new report from brokerage Cushman… Continue Reading →

After blowout deal and peak rents, Lincoln Road is on edge

From the fall issue: A year after Spanish billionaire Amancio Ortega made a record-shattering purchase on Lincoln Road — paying $370 million for an entire block — some of the enthusiasm for the retail district has waned. “Two years ago,… Continue Reading →

Terranova’s relationship with ice cream franchisee turns frosty: lawsuit

Lincoln Road Terranova Corp. is putting a lease deal with an Argentine ice cream shop franchisee on deep freeze. The Miami Beach-based commercial real estate firm sued a company licensed to sell Freddo, a brand of Argentine helado, a cold… Continue Reading →

Macy’s building near Lincoln Road quietly marketed for sale, could fetch $80M

Macy’s (Inset: Macy’s President Jeffrey Gennette) Macy’s leasehold on its store off Lincoln Road is quietly being marketed for sale, and could fetch as much as $80 million or more, sources told The Real Deal. With 98,610 square feet, the… Continue Reading →

Sephora’s landlord gets extension to build Lincoln Road store in Romero Britto’s old space

A rendering of 818 Lincoln Road, the existing structure (Inset: Danny Lavy) A Montreal-based company has until July 13, 2017 to obtain the necessary permits it needs to knock down artist Romero Britto’s old gallery space at 818 Lincoln Road… Continue Reading →

TriStar Capital sues JSRE to get back $2M deposit in failed purchase of Lincoln Road building

720 Lincoln Road New York-based TriStar Capital has sued JSRE Acquisitions to get back its $2 million deposit on a failed deal to buy a building on Miami Beach’s Lincoln Road. The suit, filed in Miami-Dade Circuit Court, alleges that… Continue Reading →

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