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A penthouse at Murano Grande in South Beach led a slow week of new signed contracts in Miami-Dade County. The pending deal for the nearly $15 million condo marks the most expensive of 11 contracts signed in Miami-Dade between Nov. 24 and Nov. 30, according to the latest Eklund-Gomes report. It tracks listings of homes … Read more
Just as the holiday travel rush fades, a powerful nor’easter is forming over the Gulf Coast and barreling toward the Northeast, bringing potentially dangerous conditions. The storm is expected to surge up the Eastern Seaboard late Monday into Tuesday, unleashing heavy snow, freezing rain, and wind from Tennessee to Maine, according to forecasters at the … Read more
On the edge of Miami-Dade County’s built world, where single-family home subdivisions plateau into open expanses, sits a 90-acre tract. The land in south Miami-Dade is neatly carved into distinct uses: one parcel planted with row crops such as soybeans, another devoted to a palm tree farm, a third to an avocado orchard and a … Read more
The last couple of years have been rough on developer Brian Tuttle. In December 2023, faced with a maturity date on three loans totaling $38.4 million secured by a Royal Palm Beach development site, Tuttle was on the hunt for new lenders to refinance the debt, and new equity partners that could provide capital to … Read more
Aventura Mall owners Turnberry and Simon Property Group are taking over an adjacent office and retail complex that was previously home to a Sears store. Aventura-based Turnberry, led by Jackie Soffer and Indianapolis-based Simon, led by CEO David Simon, bought the previously named Esplanade at Aventura, a 219,000-square-foot mixed-use project at 19505 Biscayne Boulevard, according … Read more
The Malibu beach house that rapper Kanye West famously gutted—then abandoned—is being turned into a unique members-only timeshare opportunity after the latest owner was threatened with foreclosure, having defaulted on his $18.5 million mortgage. West’s former home, which he sold as a bare bones shell, is currently owned by developer Steven “Bo” Belmont, CEO of “real … Read more
MYKA | Miami Beach A Greek yogurt ice cream shop will open its first U.S. outpost at Robert Rivani’s Lincoln Theatre building in Miami Beach. MYKA will open a 550-square-foot shop on Dec. 8 at Lincoln Theatre, according to a news release from Rivani’s eponymously named firm. Founded in Madrid by Natalia Morales and Javier … Read more
Located some 900 miles apart, Austin, TX, and Nashville, TN, have emerged from the COVID-19 pandemic era as thriving boomtowns with strong job growth, rapid in-migration, and high quality of life—so it comes as no surprise that both metros now rank among the nation’s top luxury housing markets. Each city attracts throngs of wealthy buyers … Read more
Florida Gov. Ron DeSantis is pushing to eliminate property taxes on homeowners in the state, but a new analysis suggests the move would come at a heavy price for renters and first-time homebuyers. DeSantis has argued that taxes on homeowners are oppressive and fuel wasteful spending by bloated local governments. “Property taxes effectively require homeowners … Read more
The Alexander brothers are headed to trial. Former star brokers Oren and Tal, and their brother Alon have spent the last year in jail, after they were forced to trade their waterfront mansions and an apartment on New York’s Billionaires’ Row for Brooklyn’s Metropolitan Detention Center. Since being arrested in Miami early one December 2024 … Read more