The Real Deal Miami

Posts Tagged ‘jeffrey soffer’

  • Team LeFrak and Soffer to the rescue?

    Inside the developers’ lofty plans for a master-planned community on a former Superfund site
    November 11, 2015 11:15AM
    SoLe Mia would occupy a parcel where development has been stymied since the 1970s.

    SoLe Mia would occupy a parcel where development has been stymied since the 1970s.

    From the October issueIn March, shortly after Richard LeFrak bought out former partners Michael Swerdlow and Ezra Katz and brought in Aventura’s Soffer family to develop the 183-acre Biscayne Landing site in North Miami, the billionaire New York developer moved quickly to rechristen the project SoLē Mia, a play on the new owners’ names and Miami.

    “I wanted nothing to do with what the other guys did,” LeFrak said during an animated phone interview. “That’s why we don’t use the name.” [more]

  • Top developers predict Miami’s future: VIDEO

    Watch these five heavyweights break down Miami's real estate market
    November 02, 2015 10:30AM
    partyFrom left: Craig Robins, Jeffrey Soffer, Richard LeFrak, Gil Dezer and Michael Simkins

    A panel of major Miami developers, many of them billionaires, gathered at The Real Deal South Florida’s Real Estate Forum & Showcase to talk about their upcoming projects and give their take on when this real estate cycle will come to a close. … [more]

  • TRD insider interview: Jeffrey Soffer on his firm’s Miami projects

    Developer hints at new "non-residential" project in Aventura
    October 27, 2015 11:15AM
    pricey Jeff Soffer of Turnberry Associates in a one-on-one interview

    Jeffrey Soffer, one of Miami’s biggest developers and co-chairman of Turnberry Associates, took a knee with The Real Deal’s managing editor Ina Cordle to talk about his upcoming projects in Miami like the Turnberry Ocean Club and weigh in on global factors affecting local real estate. … [more]

  • Developers’ market outlook: TRD SoFla Forum & Showcase

    Five of the area's leaders remain bullish, while recognizing challenges
    October 15, 2015 04:00PM
    Craig Robins, Jeffrey Soffer, Richard LeFrak, Gil Dezer and Michael Simkins on the Developers' Market Outlook panel

    Craig Robins, Jeffrey Soffer, Richard LeFrak, Gil Dezer and Michael Simkins on the Developers’ Market Outlook panel

    South Florida is exploding with new mixed-use and residential projects that promise to bring new condo towers, apartments, hotels, offices and retail space to the region  which also raises challenges for the future, developers said during The Real Deal‘s second annual South Florida Forum and Showcase on Thursday. [more]

  • Where are SoFla’s real estate bigwigs? On vacation, of course

    Hiking in Colorado, touring Israel, wine tasting in Bordeaux and visiting the Colosseum in Rome
    August 11, 2015 04:30PM
    Leaving Miami

    To beat the heat and humidity, real estate pros catch a ride out of South Florida

    During the dog days of summer, when South Florida’s temperatures remain fixed in the 90s, what do local real estate tycoons do? Skip town for cooler climes, of course. [more]

  • Settlement approved in Turnberry’s Fontainebleau Las Vegas bankruptcy

    $27.5M deal resolves litigation against officers and directors
    January 23, 2015 05:47PM
    Jeffrey Soffer

    Jeffrey Soffer

    A Miami bankruptcy judge has approved a settlement in the litigation against former officers and directors of the Fontainebleau Las Vegas, topping off years of legal wrangling related to the failed project spearheaded by Aventura-based Turnberry Associates’ CEO Jeffrey Soffer.

    According to the settlement, approved by U.S. Bankruptcy Court Chief Judge Emeritus A. Jay Cristol, [more]

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  • Judge tosses wrongful death lawsuit against Jeffrey Soffer

    Woman filed $100M complaint over 2012 helicopter accident in the Bahamas
    August 26, 2014 11:15AM
    Jeffrey Soffer

    Jeffrey Soffer

    A judge in Miami dismissed the $100 million wrongful death lawsuit against billionaire developer Jeffrey Soffer over a 2012 helicopter accident in the Bahamas.

    Daria Gogoleva first sued Soffer in federal court in December 2013 on behalf of Lance Valdez, who was killed in the helicopter crash. She withdrew the complaint and refilled the suit in Miami-Dade Circuit Court in January. The Miami-Dade case was tossed on Monday. [more]

  • Soffer tower is 25th proposed in Northeast Miami-Dade

    Market, which includes Sunny Isles, has 10 months of available resale inventory
    April 15, 2014 12:00PM
    Peter Zalewski

    Peter Zalewski

    A 25th new condo tower was proposed for the Aventura and Sunny Isles Beach market in Northeast Miami-Dade County, increasing the total number of planned units for this market to more than 3,525 during the latest cycle.

    The latest developer to get into the mix in Sunny Isles is Jeffrey Soffer, who announced plans on Monday to build a 52-story tower with 154 units on a 2.3-acre site, according to the Miami Herald. Soffer’s company, Turnberry Associates, hopes the proposed tower achieves prices between $3 million and $22 million for units that range between 2,750 square feet to about 10,000 square feet. Presales are expected to launch this fall, according to a corporate statement. [more]

  • Jeffrey Soffer’s Turnberry plans Sunny Isles project

    Company wants to build 52-story, 150-unit Ocean Club tower
    April 14, 2014 09:45AM
    Jeffrey Soffer

    Jeffrey Soffer

    The Jeffrey Soffer-led Turnberry Associates revealed its plan to develop a 52-story condo tower in Sunny Isles Beach, one of the busiest South Florida markets for luxury residential construction.

    Turnberry Ocean Club would be the company’s 13th residential development, according to the Miami Herald, which spoke to both Jeffrey Soffer and his sister Jackie about the state of the company after the economic downturn and Fontainebleau Las Vegas bankruptcy. Carlos Zapata designed the 150-unit unit condo tower. Units would be priced between $3 million and $22 million. [more]

  • Soffer again asks for wrongful death suit dismissal

    Claims plaintiff is not widow of man killed in helicopter crash
    February 28, 2014 10:30AM
    Jeffrey Soffer

    Jeffrey Soffer

    The woman who filed a $100 million wrongful death lawsuit against billionaire Jeffrey Soffer is not the widow of the man killed in the 2012 helicopter accident that spurred the complaint, attorneys for the developer say.

    Soffer filed a second motion to dismiss, this time for lack of subject matter jurisdiction, on Thursday, according to Miami-Dade Circuit Court records. In the filing, Soffer claims Daria Gogoleva is not the widow of Lance Valdez, who was killed in the Bahamas crash. Gogoleva first sued Soffer in federal court in December before withdrawing the complaint and refiling it in Circuit Court last month. [more]