The Latest

citizenM founder Rattan Chadha, Russell Galbut and a rendering of 1212 Lincoln

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project

Crescent Heights sold the hotel portion of its mixed-use project under construction on Miami Beach’s Alton Road to citizenM....

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project
Rendering of the project and Russell Galbut

Crescent Heights hits a snag with plan to develop high-rise Edgewater project

A city of Miami board narrowly rejected Crescent Heights’ application to close 10-foot-wide alleyways for a future 3-acre development...

Crescent Heights hits a snag with plan to develop high-rise Edgewater project
Michael S. Sheitelman and Josh Bank

Movers & Shakers: HTG hires Crescent Heights’ former general counsel & more

UPDATED, June 15, 2:40 p.m.: Crescent Heights’ former general counsel Michael S. Sheitelman has jumped over to Housing Trust...

Movers & Shakers: HTG hires Crescent Heights’ former general counsel & more
Rendering of the project and Russell Galbut

Crescent Heights buys out partner on two downtown Miami sites

Developer Russell Galbut now has full ownership of a group of properties near the Adrienne Arsht Center in downtown...

Crescent Heights buys out partner on two downtown Miami sites
Rendering of Rooftop Cinema Club at 1212 Lincoln and Russell Galbut

Russell Galbut’s Crescent Heights wants a rooftop movie theater at 1212 Lincoln project

Russell Galbut’s Crescent Heights wants to open an outdoor rooftop movie theater at its 1212 Lincoln Road project on...

Russell Galbut’s Crescent Heights wants a rooftop movie theater at 1212 Lincoln project
Norman Braman, Jorge Perez and Magic City Jai Alai (Credit: Google Maps, Braman by Nicholas Hunt/Getty Images; jai alai player via Wikimedia Commons)

Norman Braman, Jorge Perez and homeowner groups sue to stop Edgewater jai alai facility

Billionaire auto dealer Norman Braman and developer Jorge Perez have teamed up with two Miami homeowner groups to file...

Norman Braman, Jorge Perez and homeowner groups sue to stop Edgewater jai alai facility
Eric the Jeweler suing Mondrian South Beach owners

Eric the Jeweler blames Mondrian South Beach owners for $2M heist: lawsuit

Eric Mavachev, a New York City jeweler who counts Sean “Diddy” Combs and Drake among his A-list clientele, is...

Eric the Jeweler blames Mondrian South Beach owners for $2M heist: lawsuit
Russell Galbut

Value of Russell Galbut’s NCL stock plunges by $21M amid coronavirus

Developer Russell Galbut’s Norwegian Cruise Line stock has plunged over the past several weeks amid the coronavirus crisis, dropping...

Value of Russell Galbut’s NCL stock plunges by $21M amid coronavirus
David Martin, Russell Galbut, and a 500 Alton rendering (Credit: The Next Miami)

Miami Beach, Crescent Heights, Terra agree to settle dispute over floor-to-area calculations

The city of Miami Beach has reached a truce with developers David Martin and Russell Galbut that allows the duo to move forward with...

Miami Beach, Crescent Heights, Terra agree to settle dispute over floor-to-area calculations
Russell Galbut and the Shelborne South Beach

Russell Galbut, WP Carey sell Shelborne South Beach

UPDATED, Feb. 4, 5:27 p.m.: W.P. Carey and Russell Galbut sold the oceanfront Shelborne South Beach, which was marketed...

Russell Galbut, WP Carey sell Shelborne South Beach
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