The Real Deal New York

SoFla roundup: Miami reaches mid-point in development cycle, “Sky Club” revealed… and more

November 12, 2015 05:20PM
By Ina Cordle

Don Peebles

Don Peebles

From the November issue: Prices for condos and rental apartments in downtown Miami are up as the market reaches the development cycle’s midpoint ahead of a major shift in supply in 2016, the Miami Downtown Development Authority reported.

Condo prices rose 6.74 percent over the past six months, with the average unit at $459 per square foot, the authority’s Residential Market Update said. [more]