A highly contentious issue is in the hands of voters in California. Eligible residents are going to the polls in a special election Nov. 4 to decide whether to approve Proposition 50—a proposal to temporarily redraw the state’s congressional district lines. The Golden State hopes to offset a move by Texas that was designed to … Read more
Steven Meiner rode into the Miami Beach mayor’s office in 2023 after beating his former city commission colleague, Michael Gongora, in a run-off. Meiner made good on one of his campaign promises to make it a little harder for developers to seek more density for their projects. Last year, the city commission unanimously approved his … Read more
Miami market pivots: Where does your business go from here? Miami’s real estate market is approaching a critical point. High interest rates have stalled or canceled major projects in the office and condo sectors, and developers are searching far and wide for fresh equity. Multifamily owners are dealing with stagnating rents in some areas, while … Read more
Jay Turner, a developer and scion of the Dollar General family with ties to Vanderbilt University, is revealed as the buyer of the oceanfront Vanderbilt estate in Gulf Stream known as “Miradero.” Records show Turner’s Commodore Gulfstream LLC dropped $21.6 million on the compound at 1443 North Ocean Boulevard. The seller is the Ganger family’s … Read more
NBA star LeBron James‘ extraordinary Beverly Hills compound will feature not one but two enormous megamansions that are currently being built on the site of a historic estate that the Los Angeles Lakers legend snapped up for $37 million in 2020—then promptly razed to the ground. While it was originally reported that James, 40, was … Read more