The Real Deal Miami

Shoe mogul buys at Miami Beach’s Caribbean

March 25, 2010 03:25PM

Footwear mogul Diego Della Valle, chairman and CEO of high-end shoe company Tod’s, has purchased a $1.56 million condominium unit in Miami Beach’s the Caribbean, according to the New York Post. The unit is a three-bedroom, three-bathroom pad in the 3737 Collins Avenue complex, where SBI Realty is the exclusive agent. Della Valle, who recently upped his stake in Saks to 15 million shares, or 9.4 percent of the company, also has a New York City home at Little Italy’s former police building at 240 Centre Street. [NY Post, 2nd item]