A trio of billionaires received good news from the Miami Beach Planning Board on Tuesday. The board approved items related to hedge fund manager Ken Griffin’s private yacht marina on Terminal Island, and tweaks to Vlad Doronin and Len Blavatnik’s Aman Miami Beach development. 120 MacArthur Causeway 120 MacArthur Causeway Griffin, founder and CEO of … Read more
Miami Beach voters propelled Mayor Steven Meiner and city commissioner Laura Dominguez to second terms, while two candidates vying for an open city commission seat are headed to a runoff. Meiner captured 51 percent of the vote, beating his lone challenger, city commissioner Kristen Rosen Gonzalez, by about 350 ballots, election results show. Dominguez thumped … Read more
Four years after scoring approval for a 354-unit luxury apartment tower in North Miami Beach, developer Celal Ozkan lost the site to the lender in bankruptcy court. An affiliate of CEO Contract, led by Ozkan, will turn over the nearly 1-acre site at 16300 Northeast 19th Avenue to Miami Beach-based Safe Harbor Equity, which had … Read more
An oceanfront Colonial estate in Palm Beach, FL, that is owned by retired Goldman Sachs partner and racehorse breeder C. Steven Duncker and his wife, Melinda, has galloped to first place on the week’s most expensive homes list. The Dunckers purchased the North End property for $6.225 million in 2011 and proceeded to demolish the … Read more
Architect Chad Oppenheim found a buyer for his waterfront Miami Beach home that’s asking nearly $27 million. The deal is one of 10 contracts signed in Miami-Dade County between Oct. 27 and Nov. 2, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that … Read more
In the gold rush that is real estate development in West Palm Beach, nothing is more valuable than the dirt on waterfront Flagler Drive. But there is no vacant land left for sale. Aging condos inhabit the remaining development sites, their boards controlled by unit owners with differing opinions on the fate of their tropical … Read more
OKO Group and Cain International won initial approval to move forward with their planned three-building oceanfront condo project in Palm Beach. The proposed five-story, three-building complex has undergone multiple revisions since the first presentation to Palm Beach’s notoriously severe Architectural Review Commission (Arcom) in March. In the meeting on Wednesday, the developers got the green … Read more
Billionaires Vlad Doronin and Len Blavatnik are seeking approval for tweaks to the Aman Miami Beach luxury condo and hotel development that’s under construction. At its meeting on Tuesday, the Miami Beach Planning Board will vote on a comprehensive plan amendment and floor area ratio (FAR) preservation incentive within the Faena District that would benefit … Read more
On-screen icon Leonardo DiCaprio is taking bold measures in his bid to offload one of his many properties—by slashing more than $3 million from the price of his listed Malibu mansion just three months after it was listed. DiCaprio, 50, originally put the “rare and special” waterfront dwelling on the market in July—hedging his bets … Read more
Hotel investor Brian Ehrlich and spec home developer Fred Karlton are now looking to add “Miami Beach city commissioner” to their resumes. Ehrlich, co-founder of Miami Beach-based Paradigm Hotels, is vying against five other candidates for the open seat created by city commissioner Kristen Rosen Gonzalez’s decision to run for Miami Beach mayor. Among the … Read more