The Real Deal Miami

  • Hyde Hollywood Resort & Residences debuts with new restaurants, retail

    Condo-hotel will include Terrazas at Hyde restaurant, pool bar and cafe, spa and sundries store
    January 18, 2017 05:15PM By Katherine Kallergis

    Clockwise from left: Emena, Hyde Hollywood, Terrazas restaurant rendering (Credit: ArX Solutions), Hyde Hollywood. Inset: Jorge Perez

    Hyde Hollywood Resort & Residences is celebrating its grand opening on Wednesday, including new retail and restaurants.  [more]

  • US builder confidence dips amid fears over rising interest rates

    National Association of Home Builders’ market index fell slightly from a record-breaking December
    January 18, 2017 04:30PM

    (Credit: Maurice Mayfield)

    From the New York website: U.S. builder confidence in newly-built single-family homes dropped in January, following the 11-year high it reached last month. [more]

  • Trump seeks permission to build a helipad at Mar-a-Lago

    Concrete helipad would allow president-elect to avoid shutting down Southern Boulevard to traffic
    January 18, 2017 03:45PM

    Donald Trump arriving in Naples in October (Credit: Getty Images)

    President-elect Donald Trump is looking to land his helicopter on sturdier ground for his trips to Mar-a-Lago. [more]

  • $250M LA area spec house is America’s priciest listing

    Home was designed and built by handbag mogul Bruce Makowsky
    January 18, 2017 03:00PM

    The spec house in Bel Air and Bruce Makowsky (Credit: Makowsky via LA Times, Getty)

    From the Los Angeles website: Another year, another Los Angeles mega-listing.

    A Bel Air spec home by developer Bruce Makowsky is slated to hit the market in the coming days with an asking price of $250 million, making it the country’s priciest listing. It will unseat the $200 million Spelling Mansion in Holmby Hills, which was listed last year by British heiress Petra Stunt.

    The 38,000-square-foot Makowsky property, the product of 250 workers and four years of labor, has 12 bedrooms and 21 bathrooms across four stories. It comes with a $30 million car collection, 130 pieces of art, a helicopter, and two years of a full-time, seven-person staff. The home also has three kitchens, a bowling alley, a movie theater, an infinity pool with its own bar and a candy room. [more]

  • Inside

  • Candy maker Mars inks sweet lease at Brickell City Tower

    Mars and other leases were signed in the upper $30s per square foot
    January 18, 2017 02:15PM By Katherine Kallergis

    Brickell City Tower and a Mars candy bar

    Mars Inc. is among the newest group of tenants to sign leases at Brickell City Tower, sources told The Real Deal.

    The candy, food and pet food manufacturer signed a new-to-market lease for 7,459 square feet at the Brickell office building, at 80 Southwest Eighth Street. (Mars brands include M&M’s, Skittles, Snickers, Uncle Ben’s Rice and Pedigree pet foods.) [more]

  • Obama pardons Ian Schrager

    Hotelier was convicted of tax fraud in 1980
    January 18, 2017 01:30PM

    Barack Obama and Ian Schrager

    From the New York website: It’s the end of an era in more ways than one. The outgoing president this week pardoned developer Ian Schrager over a 1980s tax evasion conviction. [more]

  • French buyer pays $13.2M for new Venetian Islands home

    LLC tied to New York hedge fund sold the spec house for $1,865 psf
    January 18, 2017 12:45PM By Katherine Kallergis

    306 West San Marino Drive. Inset: Jim Agard, who represented the buyer, and listing broker Dora Puig

    A French buyer paid $13.2 million for a newly built home on the Venetian Islands, The Real Deal has learned.  [more]

  • Miami River committee wary of adding more waterfront restaurants

    Committee rejected Henry Greenberg's plans for eatery at Anchor Marine site
    January 18, 2017 12:00PM By Francisco Alvarado

    From left: Renderings of Henry Greenberg’s planned restaurant and Greenberg, and the Kar Properties site with Shahab Karmely inset

    Plans for two waterfront restaurants on the Miami River continue to meet resistance from the public agency that oversees the city’s historic shipping channel. [more]

  • Compass taps Priceline alum Maelle Gavet as new COO

    Maelle Gavet will oversee tech, product and marketing at brokerage
    January 18, 2017 11:15AM By Katherine Clarke

    Maelle Gavet and Robert Reffkin

    From the New York website: Compass tapped a tech industry veteran with experience running a public company to be its new COO, another sign that the venture capital-backed brokerage may be gearing up for an IPO.

    Maëlle Gavet, a former executive vice president of global operations at online travel giant Priceline Group, is taking over the job from David Snider, who served as both COO and CFO. Snider will transition into a purely CFO role. [more]

  • Russian aviation operator drops $10M on Oceana Bal Harbour condo

    Buyer is tied to Kirill Stadnikov, founder and GM of a Dubai-based helicopter company
    January 18, 2017 10:30AM By Katherine Kallergis
    Renderings of Oceana Bal Harbour

    Renderings of Oceana Bal Harbour

    A company tied to a Russian helicopter operator with locations in the Middle East and around the world paid $10.12 million for a luxury condo at Oceana Bal Harbour. [more]