Moishe Mana’s downtown Miami buildings declared unsafe, ordered evacuated

Mana commissioned structural engineering reports ahead of planned renovations

Miami /
Sep.September 13, 2021 06:15 PM
48 and 76 East Flagler Street with Moishe Mana (Google Maps)

48 and 76 East Flagler Street with Moishe Mana (Google Maps)

Two of Moishe Mana’s downtown Miami buildings were declared unsafe and ordered evacuated, The Real Deal has learned.

The commercial buildings join a growing list of properties that have been deemed unsafe in the wake of the deadly Surfside condo collapse. City officials throughout South Florida have been inspecting older buildings, with a focus on residential properties.

The buildings, at 48 and 76 East Flagler Street, total more than 161,000 square feet of commercial space on 1.1 acres. The seven-story Flagler Station building at 48 East Flagler Street was built in 1985 and 1986.

The two-story building at 76 East Flagler Street was built in 1928. It is across the street from Churchills Barbershop and one block west of the Reserve Hotel Eurostars Langford Hotel.

Mana Properties said that it commissioned structural engineering reports ahead of planned renovations of the two properties. The reports determined the buildings “have significant structural issues and should not be occupied,” according to a statement provided to TRD. “Additionally, due to the risks related to Flagler Station, occupancy of 76 E. Flagler is unsafe.”

The building at 48 East Flagler is now vacant. Tenants at 76 East Flagler are in the process of vacating, according to a spokesperson for Mana. Tenants include mom-and-pop stores, such as Dale Zine and a sushi delivery restaurant. They were notified to evacuate in a letter dated Sept. 9, obtained by TRD.

Mana Properties said it notified the city of Miami and Miami-Dade County of the closures. The city of Miami did not respond to a public records request filed on Monday morning.

Mana paid $35 million for the buildings in early 2015. Over the years, the investor and developer has spent more than $375 million assembling properties in downtown Miami, but his plan to redevelop them stalled before beginning construction on some buildings earlier this year.

Mana started demolition at the 777 International Mall building at 145 East Flagler Street, and began renovation work at his 13-story office building at 155 South Miami Avenue, which Mana will name the Nikola Tesla Innovation Hub.

A number of Mana’s other properties are also older and require substantial work. His goal is to create a thriving startup and tech hub like in his hometown of Tel Aviv.

In January, Mana announced that Silicon Valley investor and accelerator Plug and Play plans to open an office within Mana’s Flagler district assemblage.

An earlier version of this story included a photo of the wrong buildings.





    Related Articles

    arrow_forward_ios
    From left: Property Markets Group's Ryan Shear, Kevin Maloney and Dan Kaplan with Elser Hotel & Residences
    PMG, Greybrook score $235M refi of downtown Miami project
    PMG, Greybrook score $235M refi of downtown Miami project
    6345 Collins Avenue (Colliers)
    Oceanfront Casablanca condo-hotel in Miami Beach for sale
    Oceanfront Casablanca condo-hotel in Miami Beach for sale
    Deerwood Town Center at 12085-2107 Southwest 152nd Street in Miami-Dade County, One Biscayne Tower at 2 South Biscayne Boulevard in Miami and 2990 Ponce office building in Coral Gables with Gildenson Real Estate's Eduardo Gildenson and CP Group’s Angelo Bianco (Google Maps, Gildenson Real Estate, CP Group)
    Lease roundup: Quest takes space at One Biscayne Tower & more
    Lease roundup: Quest takes space at One Biscayne Tower & more
    Black Lion's Robert Rivani with One Thousand Museum
    Robert Rivani’s Black Lion snags One Thousand Museum restaurant space
    Robert Rivani’s Black Lion snags One Thousand Museum restaurant space
    Surfside Mayor Shlomo Danzinger and Damac's Hussain Sajwani with the Surfside collapse site (LinkedIn, Farees Jamal CC0 via Wikimedia Commons, Getty)
    Damac begins tense talks about Surfside memorial
    Damac begins tense talks about Surfside memorial
    Moishe Mana, 48 East Flagler Street (left) and 76 East Flagler Street (right) (Photo Illustration by Steven Dilakian for The Real Deal with Getty Images and Google Maps)
    Moishe Mana’s downtown Miami tenants allege fraudulent eviction
    Moishe Mana’s downtown Miami tenants allege fraudulent eviction
    From left: CIM Group’s Shaul Kuba; Miami Worldcenter Associates' Nitin Motwani and Art Falcone; Miami Worldcenter (Miami Worldcenter Associates, CIM Group)
    Lease roundup: Miami Worldcenter, Banyan Street nab tenants
    Lease roundup: Miami Worldcenter, Banyan Street nab tenants
    (Getty)
    Here are the resi projects planned for downtown Miami
    Here are the resi projects planned for downtown Miami
    arrow_forward_ios

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

    Loading...