Real estate and art share a special relationship in Miami, especially during the week-long Art Basel event every year, when thousands of the world’s wealthy elite come to peruse both art pieces and properties.
To commemorate Art Basel, billionaire Russian developer Vlad Doronin held a bash at his Star Island mansion as part of a marketing campaign for his ultra-luxe Missoni Baia project in Edgewater.
Roughly 200 guests showed up — including Miami Beach Mayor Philip Levine — to hob knob with real estate bigwigs and local tastemakers. The night was capped off by a throng of speeches from Doronin himself, Miami power broker Alicia Cervera, Cain Hoy Enterprises Chief Executive Jonathan Goldstein and Ottavio Missoni Jr. of the Missoni family.
The night was interrupted when Miami’s notoriously temperamental weather threw down a 20-minute rainstorm that sent Doronin’s guests running for cover.
Miami’s Urban Development Review Board recently gave design approvals for the 57-story Missoni Baia, which is slated rise at 700 Northeast 26th Street with 146 units. Prices at the tower average $900 per square foot, with units ranging from two to four bedrooms. — Sean Stewart-Muniz and Katherine Kallergis