Residential real estate brokerage Compass handled the $14.75 million sale of a Naples penthouse and called it the most expensive condo sale on record in Naples. [more]
Compass agent Jane Bond handled the $14.75 million sale of the five-bedroom, five-bath penthouseMarch 25, 2017 02:00PM TRD WEEKEND EDITION
From the New York site: What does it mean to live like Drake, the No. 1 man in the rap game?
The hip-hop superstar reveals himself in all his new music, including his latest project, “More Life,” which is touted as a “playlist” and includes some of the rapper and singer’s best tracks to date.
He may not talk about the insane pool surrounded by caves in his California mansion on “More Life,” but he admits to his love of material things: “I don’t take naps / Me and the money are way too attached to go and do that,” he raps on “Gyalchester.” [more]
Queens house, which sold for $2.1M this week, was said to be worth as much as $10M after electionMarch 25, 2017 12:00PM TRD WEEKEND EDITION
From the New York site: The recent buyer of President Donald Trump’s childhood home in Jamaica Estates flipped the place for $800,000 more than he paid three months ago.
Michael Davis paid $1.3 million for the Tudor-style home at 85-15 Wareham Place in December. This week he sold it for $2.1 million, a profit of just over 50 percent, the New York Post reported. [more]Triple Five has suspended construction of the American Dream mall in New JerseyMarch 25, 2017 11:00AM TRD WEEKEND EDITION
The developer of the American Dream mall in north Miami-Dade County is still struggling to finish a mall with the same name in New Jersey.
Triple Five, the developer, suspended construction of the American Dream mall in the Meadowlands area of northeastern New Jersey on December 23 for what it called a “planned holiday slowdown.”
Triple Five told NorthJersey.com that work on the mall would [more]
Inside therealdeal.comThe price is 55 percent more than the previous owner paid for the 1.5-acre lot in 2008March 25, 2017 10:00AM TRD WEEKEND EDITION
A foreign business executive bought a vacant lot in Manalapan for $12.45 million, or 55 percent more than the previous owner paid in 2008.
The buyer is a company managed by Onajite Okoloko, a Nigerian business executive who owns a home in Boca Raton. According to his resume, he is the chief executive officer of a fertilizer company called Notore Chemical Industries. [more]Florida East Coast Realty said the fire caused minimal damage and won't delay the completion of PanoramaMarch 25, 2017 09:00AM TRD WEEKEND EDITION
Miami firefighters extinguished a fire Friday on the 68th floor of Panorama Tower, a mixed-use high-rise still under construction at 1101 Brickell Avenue.
No injuries were reported. No construction work was under way when the fire began The cause of the fire is under investigation.
“The fire was easily contained with minimal damage,” Florida East Coast Realty, the developer of Panorama, said in a statement. “Fire investigators told our company that the fire was localized to a single unit on the 68th [more]Restaurant on Harrison Street has 4,100 square feetMarch 24, 2017 05:30PM By Mike Seemuth
A new restaurant, Allegria Ristorante, just opened this week on Harrison Street in downtown Hollywood. [more]More restaurants opening plus a VIP lounge with pool tables, TVs and space for stylistsMarch 24, 2017 05:00PM By Ina Cordle
Topshop Topman and Zara will open flagship stores in Aventura Mall’s new three-level wing in November, as the shopping center aims to boost its experiential offerings with more food, art and a VIP lounge, The Real Deal has learned. [more]The complex, built in 2014, includes 48 units in 24 three-story duplexesMarch 24, 2017 04:00PM By Robert Silk
Eastwind Development is putting its 48-unit Little Torch Cottages rental community on the market next week, Cushman & Wakefield said. [more]Buyer will complete rental project within two years, broker saysMarch 24, 2017 03:25PM By Katherine Kallergis
Palmcorp Development Group sold a boutique condo development site in Coral Gables for $2.55 million to a developer who plans to build rentals instead. [more]
Miami is the second most desired city for millennials: report Going viral: Zika isn’t the only thing bugging the Miami-Dade hospitality market Patrón CEO sells Manalapan estate for $40M Cervera out, Fortune in at OKO’s Missoni Baia tower in Edgewater Airbnb reaches tax agreement with Miami-Dade County