The Real Deal New York

Posts Tagged ‘South Florida’

  • Christopher Zoller, 2015 Residential President of the Miami Association of Realtors and the Miami skyline

    Christopher Zoller, 2015 Residential President of the Miami Association of Realtors and the Miami skyline3

    From the South Florida website: Miami-Dade home sales rose in December, contributing to a record year for sales of single-family houses in 2014. Yet, condo sales declined, as new projects bit into demand for existing inventory, according to a report released Friday by the Miami Association of Realtors. [more]

  • Quality Meats renderings

    A rendering of Quality Meats in Miami Beach and the restaurant in New York

    From the South Florida website: Midtown Manhattan restaurant Quality Meats is launching its first eatery in Miami Beach in the former Bancroft Hotel, now under renovation. [more]

  • Peter Zalewski of CondoVultures

    Peter Zalewski of CondoVultures

    From the South Florida website: Question: Will recent free fall of the Euro hurt sales of new and existing condominium units in Miami?

    Miami right now probably feels quite expensive compared to last year for returning international visitors who are armed with euros, the official currency of 19 countries in the European Union. The current exchange rate to convert euros into U.S. dollars stood at about $1.178 on Thursday, following a steep drop in value resulting from a surprise monetary move this week by the Swiss Central Bank, according to the foreign exchange trading website OANDA.com.

  • urban

    From left: Robert Reffkin and Gene Martinez

    From the South Florida website: Urban Compass is heading south this winter. Gene Martinez, formerly of the New York-based Corcoran Group, will lead the firm’s expansion into Miami, the technology-driven brokerage firm announced Wednesday.

    Martinez is joining the company as its director of sales and business development for Miami and Washington, D.C., according to a news release. Miami is critical to the firm’s national expansion, founder and CEO Robert Reffkin said. [more]

  • The-Setai-pool-night

    The Setai Hotel

    From the South Florida website: The Nakash family, founders of the Jordache Jeans empire and owners of the old Versace mansion, purchased The Setai Hotel in South Beach. A source told The Real Deal that the family paid nearly $90 million to Lehman Brothers Holdings Inc. for the Art Deco hotel at 2001 Collins Avenue. [more]

  • Tommy Hilfiger and the Raleigh on Miami Beach

    From the South Florida website: Designer Tommy Hilfiger is looking to “bring back the grandeur” of the Raleigh, a Miami Beach hotel he bought earlier this year for $56 million. Hilfiger is planning to turn the 1940 Art Deco building into a high-end hotel and a private members club. [more]

  • Paragon_Plantation_Photo-300x199

    South Florida homes valued at $717B.

    From the South Florida website: The total value of homes in the South Florida market topped $717 billion in November. That’s up close to 10 percent from the same period a year ago.

    The gain in November far outpaced the 6.7 percent increase in the total value of all homes in the U.S. Houses in the U.S. have an estimated combined value of $27.5 trillion. [more]

  • Fewer than 250 condo towers created east of Interstate 95 between 2003-2010.

    Fewer than 250 condo towers were created east of Interstate 95 between 2003 and 2010

    From the South Florida website: South Florida hit a preconstruction milestone with the approval from Miami-Dade County’s Planning & Zoning Board of the 300th new condominium tower of the current real estate cycle.

    From 2003 to 2010, the tri-county area saw the creation of fewer than 250 condo towers east of Interstate 95. The distinction of the 300th proposed tower goes to an unnamed development approved on Dec. 2 in North Bay Village. The 22-story mixed-use building will be located on the Kennedy Causeway and feature 721 units. [more]

  • obama

    President Barack Obama

    From the South Florida website: President Barack Obama’s recent executive actions designed to overhaul the immigration system could help boost the rate of real estate development in Miami, some experts say.

    One of the president’s initiatives calls for modernizing and improving immigrant programs aimed at boosting inbound investment and entrepreneurship, said Helena Tetzeli, a corporate immigration attorney with Kurzban Kurzban Weinger Tetzeli and Pratt in Miami. [more]

  • The Revel Hotel Casino in Atlantic City, N.J.

    The Revel Hotel Casino in Atlantic City, N.J.

    From the South Florida website: A Wellington-based developer made a $90 million bid for a bankrupt casino in Atlantic City and says he plans to invest $1.5 billion the property. Glenn Straub’s offer for the Revel Casino Hotel went public Wednesday after the contract was filed in bankruptcy court in New Jersey, according to the Palm Beach Post. The hotel was the setting of football player Ray Rice’s domestic violence incident in February. [more]

  • Inside America’s priciest listing

    September 07, 2014 12:00PM
    Le Palais Royal

    Le Palais Royal

    A French-inspired mansion has just hit the market for an astronomical $139 million, making it the most expensive home for sale in the U.S. [more]

    1 Comment
  • Screen Shot 2014-08-26 at 5.06.01 PM

    South Florida real estate is drawing national and global attention, and the region’s leading industry publication is launching an annual event that will capture the market’s enthusiasm.

    The Real Deal is hosting its South Florida Forum & Showcase on October 23. The event will be held at the Moore Building in Miami’s Design District, and will be open and advertised to the general public. A who’s who of brokers, developers and architects is set to attend the all-day showcase and participate in panel discussions about the biggest issues affecting South Florida’s real estate industry. More than 2,000 real estate enthusiasts and consumers are expected to check out the 30 new development sales booths and project models from New York City and Miami.

    With The Real Deal’s readership of more than 130,000 real estate professionals in print and more than 1.3 million monthly visitors online, this forum and showcase will be South Florida’s premier opportunity for developers to market their projects and for brokers to show off their featured listings. Don’t miss out on being a part of this unique event.

    Click here to purchase tickets. For sponsorship information call (212) 254-7400 or send an email to forum@TheRealDeal.com.


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