Name: “Scarface” mansion hits market for $237M, priciest in South Florida
Uploaded: 2026-05-01T14:40:58Z

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A $237 million mansion with Nixon lore, Scarface cred and a helipad meet-cute? Investor John Devaney — once on Time’s “25 People to Blame for the Financial Crisis” list — is looking to cash in on his Key Biscayne waterfront compound, complete with 862 feet of frontage, a cinematic past and enough history to rival the price tag. If it lands near ask, it could shatter Miami-Dade’s home-sale record.

“Scarface” mansion hits market for $237M, priciest in South Florida

In 2024, the real estate industry was shocked by allegations that the Alexander Brothers – some of the highest-flying luxury brokers – had raped multiple women. The Real Deal's Katherine Kallergis, Sheridan Wall, and Ellen Cranley chronicled the fallout from the earliest allegations to the downfall of the brothers' business. The trio had gone from working with Douglas Elliman, representing clients like Ken Griffin, Kim Kardashian, and Leon Black, and launching their own firm to being subject to federal sex trafficking investigations. In March 2026, the world watched as they went to trial – and were found guilty on all counts. 

The Alexander Brothers: The Crimes | Episode 2

You know the story. See how The Real Deal broke it. Episode 2 of the Alexander Brothers documentary drops tomorrow. 

Alexander brothers documentary drops this week

On the Real Estate Gala red carpet, we caught up with hosts Don Tepman and Bob Knakal, plus guests Nile Lundgren, Mark O'Brien and more, about how social media is changing the business of real estate.

Real estate pros on how social media powers the deal flow

Launching and operating a fund can be a daunting task for even the most seasoned real estate professional. That’s why Anchin, a leading accounting and advisory firm, put together a team to support pros through this challenging transition.

When real estate professionals want to become fund managers, Anchin steps in to help

Summer scatters the ultra-wealthy across the globe. Frances Katzen isn’t chasing them. On Deconstruct, the luxury broker explains why “timing is as important as pricing” — and how cautious international buyers differ from fast-moving Americans at the top of the market.

Frances Katzen on American vs. European buyers | Deconstruct

A prominent Chicago landlord says he’s not on the hook for an $11.8M loan — because he signed a blank page.

A Chicago landlord claims a lender TRICKED him into $12M guarantee

This week on Deconstruct, hosts Lilah Burke and Hannah Kramer break down Governor Kathy Hochul’s controversial pied-à-terre tax proposal on luxury second homes, what it could mean for the NYC housing market, and why brokers and developers are worried.

Why private clubs are popping up everywhere in New York City | Deconstruct Season 5 Episode 10

A deed-theft protest ended with NYC Council member Chi Ossé in handcuffs.

NYC Council member Chi Ossé arrested while protesting alleged deed theft

On New Year's Day 2022, Witkoff scion and crypto founder Zach Witkoff was arrested following an incident at the popular E11even nightclub in Miami. Newly uncovered body camera footage reveals more details about the incident, including Witkoff name-dropping club owner Marc Roberts. 

Zach Witkoff arrested in Miami outside E11even nightclub

Coachella is over. The Airbnb drama isn't. TikTok lit up with claims of last-minute cancellations and relistings at higher prices. But Airbnb told us that it saw no unusual spike and couldn't verify many of the viral stories.

What's up with Airbnb's Coachella chaos?

Why are wealthy homeowners leaving Los Angeles? Why is Newport Beach booming while LA struggles? And can AI save cities?

Celeb broker Jason Oppenheim sounds alarm on Los Angeles' "death spiral"

AI’s real estate gold rush has a new antagonist: backlash. From furious residents to skeptical investors, resistance to data centers is no longer fringe — it’s shaping policy, stalling projects and raising new questions about cost, climate and scale.

The data center backlash is here

The founders of Pacaso, a startup homebuying platform that sells partial ownership stakes in luxury vacation properties, have a sweeping vision: make homeownership more accessible by letting multiple buyers split the cost of a single home. But despite lofty ideals, some buyers reported losses, trouble reselling, and problems that mimic the struggles dogging timeshare owners. 

Inside Pacaso, the fractional homebuying start-up some buyers say "felt like a timeshare"

Get to know the force behind some of NYC’s most ambitious projects — Jeff Blau, live at #TRDForum on May 6!

Meet Related's Jeff Blau at TRD Forum!

Daniel Craig and Rachel Weisz may be leaving Cobble Hill, but the neighborhood's prices are only heading one way: up. Their $11.8 million townhouse sale is more than a celebrity real estate moment. It's the latest sign that this Brooklyn enclave could be inching toward a new luxury tier, with brokers and developers already betting on even higher-end deals to come.

Cobble Hill’s luxury moment is just getting started

Spring is peak selling season in New York City real estate — but what does the luxury market really look like in 2026? On this episode of Deconstruct, top Douglas Elliman broker Frances Katzen joins the show to break down NYC luxury real estate trends, buyer demand, tight inventory, new development competition, international buyers, and what sellers need to know right now.

Spring selling season is here. Will NYC's luxury real estate market bloom? | Deconstruct

After a yearslong battle to get workers back to the office, New York City's office market has recovered. Kind of. While Class A buildings are bursting at the seams, Class B and C assets are still under pressure. Meanwhile, the push for office-to-residential conversion is taking space offline, and shifting power centers in the corporate world are changing what landlords and brokers can expect when bringing in new tenants. 

Where NYC's office market goes next | Real Deal Round Table

The party may soon be over in Chicago's wealthiest suburbs. What started as weekend noise complaints (bachelor parties, blowouts, police calls) has turned into something bigger: a fight over housing supply in some of the Midwest's most expensive markets.

Chicago's richest surburbs are done with "party houses"

Deconstruct breaks down the latest news on the Flatiron Building, a record lease at 9 West 57th, and a foreclosure at a car-branded condo in Miami. Plus, politics reporter Kathryn Brenzel joins the podcast to cover how new NYC Mayor Zohran Mamdani has fared in his first 100 days in office.