The Real Deal New York

Posts Tagged ‘Miami’

  • Miami Showcase 2

    The countdown’s begun until The Real Deal’s 2nd Annual South Florida Real Estate Forum & Showcase, taking place on Oct. 15 at the Moore Building in Miami’s Design District.

    Last year’s showcase was the industry event of the year. More than 4,000 real estate professionals and investors joined TRD to learn about new developments in Miami and New York and listen to key developers like Don Peebles and Richard LeFrak discuss the future of the industry.

    This year’s event promises to be even bigger and more exciting than 2014’s. Nearly 30 companies – including the Turnberry Ocean Club, the Related Group and U.S. Immigration Fund — have already confirmed their participation in the event, a must for developers looking to market new projects and brokerages to show off featured listings.

    Stay tuned to this space for information on the panels and panelists.

    If you are interested in participating as a partner, please contact Ross Fox at For editorial inquiries, please reach out to Heather Grossmann at

  • Basketball star LeBron James and 3590 Crystal View Court in Coconut Grove

    Basketball star LeBron James and 3590 Crystal View Court in Coconut Grove (Credit: Keith Allison)

    From the South Florida website: Nine months after hitting the market, LeBron James’ sprawling home in Coconut Grove is under contract. The MLS shows a pending sale on 3590 Crystal View Court, and a closing may follow in the next few weeks. Listing agent Tomi Rose of Opulence International Realty confirmed to The Real Deal that the home is under contract. [more]

  • From left: Wendy Maitland, Edgardo Defortuna and Andrew Heiberger

    From left: Wendy Maitland, Edgardo Defortuna and Andrew Heiberger

    UPDATED, 6:05 p.m., Feb. 11: Town Residential is heading south this winter, in a new partnership with Miami-based Fortune International Group, a brokerage and development firm that sold $4 billion worth of real estate last year. [more]

  • mccourt-fla

    Frank McCourt and early rendering of 1201 Brickell Bay Drive in Miami

    From the South Florida website: Frank McCourt’s MG Properties, in partnership with Tibor Hollo’s South Florida-based Florida East Coast Realty and New York-based Corgin Real Estate Group, is embarking on its first Miami venture, The Real Deal has learned. [more]

  • Hello sunshine

    November 16, 2014 04:00PM
    Park Grove in Miami

    Park Grove in Miami

    From Luxury Listings NYC: If your sense of the Miami condo market is one of half-finished towers and foreclosure notices, it’s time for a new perspective. The market there is booming in a way that redefines thriving. Consider this: In the past six months alone, nearly 80 new residential towers have been proposed in South Florida. Nearly 40,000 new condo units in Miami-Dade, Broward and Palm Beach counties have been announced since 2011, and nearly three-quarters of these are intended for Miami. [more]

  • Like TRD South Florida on Facebook

    October 09, 2014 05:35PM


    “Like” The Real Deal South Florida’s Facebook page here, and you’ll be sure to stay abreast of the latest real estate news. Our Facebook page features breaking industry stories, links to quirkier pieces and lively conversation about important properties in the region. [TRD‘s South Florida Facebook page]

  • Ritz-Carlton Residences in Miami Beach and Ophir Sternberg and George Mato

    Ritz-Carlton Residences in Miami Beach and Ophir Sternberg and George Mato

    From the South Florida site: A penthouse in the upcoming Ritz-Carlton Residences in Miami Beach was sold to a “bachelor from Europe” for a whopping $32 million, according to Lionheart Capital director of sales George Mato. [more]

  • TRDSOFLAtweets

    The go-to source for real estate insiders on the move, TRD South Florida’s Twitter feed provides up-to-the-minute tweets with links to posts from our daily blog, in-depth features from our market report supplement and other juicy items happening around the Miami area. Join the conversation here.

  • Wells Fargo Center

    Wells Fargo Center

    From the South Florida website: While the South Florida residential market has garnered attention with a profusion of new condos rising, the office market in the region is showing positive signs as well, a new report from CBRE shows.

    Miami’s office sector finished the second quarter of 2014 with a 15.5 percent vacancy rate, down from 16.2 percent during the first quarter and 17.3 percent during the second quarter of 2013. Landlords completed 160 lease transactions totaling 877,000 square feet during the quarter. The market’s average asking rental rate was $30.83 per square foot, an increase of 12 cents from the first quarter. [more]

  • gg

    296 West End Avenue

    WEEKENDEDITION Now you can have the Miami Beach experience without ever leaving Brooklyn. A 17,000-square-foot private oceanfront home, designed in the style of South Beach’s iconic deco buildings, has hit the market asking $8 million in Manhattan Beach.  [more]

  • From left: 135 West 52nd Street in Midtown Manhattan, the Muse in Miami and artist Helidon Xhixha

    From left: 135 West 52nd Street in Midtown Manhattan, the Muse in Miami and artist Helidon Xhixha

    WEEKENDEDITION Both New York and Miami seem to be in the midst of another luxury real estate boom. So naturally, condo developers are pulling out all the stops to attract deep-pocketed buyers – including commissioning original works of art. [more]

  • Porsche Design Tower

    Porsche Design Tower

    It’s no secret that Miami has long been an epicenter of luxury living for celebrities and billionaires. Luxury condo developments are springing up all over the area, and the housing recovery is going strong throughout the state. [more]

  • From left: Bjarke Ingels, David Martin, Mayi de la Vega, Esther Percal and Chad Oppenheim (credit: Guest of a Guest)

    From left: Bjarke Ingels, David Martin, Mayi de la Vega, Esther Percal and Chad Oppenheim (credit: Guest of a Guest)

    From the South Florida site: Several hundred South Florida real estate players, media members and invited guests packed the sales center of Miami condo project Grove at Grand Bay to attend last week’s roundtable hosted by The Real Deal. A panel that included renowned architects Bjarke Ingels and Chad Oppenheim led a discussion about the idea of “starchitecture” and the role it is playing with new condo projects in the region. See the photos and more after the jump.

  • The Real Deal‘s South Florida Market Report is here. In it, we look at some of that region’s biggest commercial and residential deals, and as well as its key dealmakers. We also dish with the Donalddiscuss Miami’s “LeBron effect,” and delve into Latin American buyers’ impact on the South Florida market. To see the complete supplement, check the South Florida section on our November issue page. In addition, The Real Deal will be hosting a roundtable discussion and party at the Vizcayne condo tower in downtown Miami on the evening of Nov. 15. Details are here.

  • New York City

    Trulia’s chief economist, in a Forbes column, wrote that the number of foreign buyers who are searching for U.S. homes have dipped 10 percent year-over-year. “Foreign searches are becoming a smaller slice of a growing pie,” he wrote, noting that domestic price increases, as well as interest falling off from would-be buyers in the crisis countries in the Eurozone, are deterring the site’s foreign visitors. [more]

  • Senada Adzem and the St. Regis Bal Harbour

    From the South Florida site: An undisclosed buyer has closed on the $24.6 million purchase of a combination of five units at the St. Regis Bal Harbour, The Real Deal has learned. It is the single-largest transaction at the St. Regis Bal Harbour, which officially opened its doors in January. Considered as one unit, the deal is the second-largest condominium sale in Miami-Dade County, following the $25 million purchase of a unit by an Italian buyer at South Beach’s Continuum in May. [more]

  • 436 East 58th Street and a rendering of MyBrickell

    From the South Florida website: Miami-based brokerage International Sales Group has opened an office in New York City, the firm announced today. The company, whose portfolio includes downtown Miami’s MyBrickell, Vizcayne and the Apogee Beach in Hollywood, has taken a space at 436 East 58th Street in Turtle Bay. Northeast native Ken Golden has been tapped to head the new office. The company said it made the move to focus on New Yorkers interested in buying property in Florida. [more]

  • Miami and Fort Lauderdale are both among the most-searched-for cities by those looking to buy homes nationwide, the Miami Herald reported. Numbers from showed that Fort Lauderdale ranked 17th, and Miami ranked 18th. Another Florida metro area, Tampa-St. Petersburg-Clearwater, was ranked fifth. [more]

  • Downtown Miami

    From the South Florida website: Sao Paulo. Caracas. Mexico City. Toronto. Buyers from cities like those have been driving Miami’s residential market since the worst of the condominium bust. And although it was largely overshadowed in the foreign buyer shuffle, New York City residents are heading back to Florida with money in hand.

    “[New York buyers] are very, very real and very active,” said Phil Spiegelman, principal of brokerage ISG. “It’s tangible, and it’s happening at properties across the board.” [more]

  • The Ritz-Carlton Residences Palm Beach

    From the South Florida website: New York and South Florida’s residential market was buoyed by an influx of foreigners last year. But a new player could be emerging from the Far East: China. Generally, Chinese buyers like to purchase where there is already an entrenched Chinese community, with Chinese people and Chinese restaurants — something which New York has, but South Florida lacks right now, said South Florida-based Coldwell Banker Realtor Jeanne Nicastri. But they’re also influenced by their friends, she said, and the more Chinese buyers that decide to make the move, the more that could join them. “Although [South Florida is] a long way from China, we have become very trendy, and we’re on the trendy map,” Nicastri said. “Since they’re already involved in New York, and Miami is an offshoot of New York, that’s what’s driving them to come here.” [more]