The Real Deal and Artefacto’s Fisher Island soiree: PHOTOS

Miami /
Oct.October 26, 2016 02:15 PM

Much is said of the wealthy elite snapping up luxury real estate in Miami. But whether they’re financial bigwigs from the Northeastern United States or titans of industry from Latin America, they’re united by two major themes: the size of their checkbooks and their penchant for traveling the globe.

The Real Deal and luxury design firm Artefacto recently partnered to host an intimate discussion at the Palazzo Del Sol project on Fisher Island to try to better define the concept of global citizens and their relationship to the real estate market.

The fête was held in unit 7081 at the newly opened building, which is decked out with Artefacto furnishings and is on the market for $17.4 million.

More than 30 top-producing agents and brokers showed up for a night of cocktails, hors d’oeuvres and a living room-style discussion with architect Kobi Karp, TRD publisher Amir Korangy and Artefacto CEO Paulo Bacchi.

“Miami was a rough jewel but it has such a strong history. If you look into Florida, whether it’s 1929 or the ’50s when Morris Lapidus did the Fontainebleau Hotel, you can see repetition of continuous growth and investment here in South Florida, particularly since the invention of the air conditioning unit,” Karp said.

Then art and culture followed, Karp said. The global citizen, he said, will always be attracted to Miami, and those markets shift, whether it’s Latin America, Turkey or China. Direct flights are key to attracting buyers from new markets, Karp added.


Related Articles

arrow_forward_ios
Palazzo Del Sol (7000 Fisher Island Drive, Miami Beach) (Photo via ASR Interiors)
$20M Fisher Island closing leads Miami’s weekly condo sales
$20M Fisher Island closing leads Miami’s weekly condo sales
Caroline Wozniacki and David Lee with their unit (Getty, The Jills Zeder Group/photography by Lifestyle Production Group)
Caroline Wozniacki and David Lee sell Fisher Island condo in one month
Caroline Wozniacki and David Lee sell Fisher Island condo in one month
Map of priciest condo sales and Palazzo Del Sol
Condo sales volume surges in first week of June
Condo sales volume surges in first week of June
Pierre Brondeau and Palazzo Del Sol
Pesticide exec pays $14M for Palazzo Del Sol condo
Pesticide exec pays $14M for Palazzo Del Sol condo
Map of priciest condo sales and Palazzo Del Sol (Credit: Google Maps and Douglas Elliman)
$12M Fisher Island closing tops weekly condo sales in Miami-Dade
$12M Fisher Island closing tops weekly condo sales in Miami-Dade
Map of priciest condo sales and Palazzo Del Sol unit 7074 (Credit: Google Maps)
$10M closing on Fisher Island tops week’s condo sales
$10M closing on Fisher Island tops week’s condo sales
From left: Palazzo della Luna and Palazzo del Sol
Fisher Island developer sells two units for over $40M
Fisher Island developer sells two units for over $40M
Palazzo Del Sol
Brazilian paper magnate throws $7M in bills for Palazzo Del Sol condo
Brazilian paper magnate throws $7M in bills for Palazzo Del Sol condo
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...