On television, real estate professionals flip homes and easily walk away with as much as $50,000 in profit — on a slow day. Or they sit comfortably in the shark’s chair like Barbara Corcoran, with a net worth of $80 million derived from launching and selling what is now one of New York’s largest real estate companies. But in real life — and particularly in South Florida — competition is … [more]
Making bank?
Slash and earn
Sometimes the original pricing just doesn’t cut it. Amid a continuing oversupply of inventory and shrinking buyer pool, Miami’s luxury home sellers are issuing … [more]
Lost Keys
When Hurricane Irma barreled through South Florida in September, it lashed the region with a torrent of wind and water not seen since Hurricane Andrew a quarter century earlier. And … [more]
Retail’s rent markup
As South Florida’s retail real estate sector continues to show strength — an anomaly as the rest of the country sees vacancy rates creep ever higher — some … [more]
If you party, will they come?
On a cloudy afternoon in mid-October, a crowd gathered on the waterfront terrace of the Missoni Baia sales tower … [more]
Who you gonna call? A new brokerage!
Lackluster sales meetings, a dwindling number of closings, restless developers — it’s not pretty, but those are the … [more]
WeWork wars
South Florida increasingly pays for office space as a one-stop service business, with companies forsaking a traditional lease in favor of a modern mix of open- … [more]
Broward’s townhouse kick
Home construction in land-constrained Broward County increasingly involves redeveloping existing property rather than building on empty lots, and even then, sites large enough for new single- … [more]
Public art proposal riles builders
A 4-foot-high, 30-foot-long bench made of oolite stone will soon decorate Balboa Plaza in Coral Gables. The massive sculpture, called “A Midsummer Night’s … [more]
Battle for the $1B Island Gardens project
For well over a decade, Turkish entrepreneur Mehmet Bayraktar … [more]
Overtown’s buzz kill
There’s an aerial map of the city of Miami on the desk of Cornelius “Neil” Shiver. His job is to promote economic development in a 600-acre swath of real estate … [more]
Ranking Palm Beach
Local developers and brokers say the gold-plated bubble of Palm Beach real estate won’t pop any time soon, as … [more]
The Closing: Bernard Zyscovich
Bernard Zyscovich has an unusual distinction beyond being the architect behind some of Miami’s biggest projects, including Miami’s Downtown Master Plan and the interiors of the Panorama … [more]
Editor’s note: South Florida’s reality check
No one’s saying things are looking 100 percent dire in South Florida, but with a continued slowdown in several sectors, the industry is dealing with a few less-than-promising conditions in … [more]