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News

5/22/2020 Long legal battle involving Miami real estate developer Avra Jain finally nears end—Miami Herald

A judge in a longstanding case involving high-profile real estate developer Avra Jain brought the saga to a whimpering close on Thursday.
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5/21/2020 Living in a SoFla luxury condo tower takes on a whole new look—The Real Deal South Florida

Closed valet services, temperature checks upon entry, spaced-out pool chairs and capacity limits in elevators are all now part of a typical day at South Florida luxury residential towers amid coronavirus.
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5/21/2020 First-time real estate developer moves forward with $370M South Florida project—Miami Herald

A first-time real estate developer is moving forward with his large scale, mixed-use development in Broward County.
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5/21/2020 Short-term rentals open in Florida - but maybe not for us—KATC

Last week, Florida Governor Ron DeSantis announced the details for that state's move into Phase I of re-opening.
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5/19/2020 Manchester United Star Paul Pogba Buys Home in Zaha Hadid–Designed Miami Tower—Architectural Digest

Another A-list athlete recently closed on a condo situated in Zaha Hadid’s towering Miami luxury building, One Thousand Museum. According to a release, Manchester United’s Paul Pogba is the most recent tenant in the stunning residential tower, joining the likes of David and Victoria Beckham, who purchased a penthouse unit earlier this year.
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5/19/2020 Coronavirus Florida: Singer Island residents demand beaches re-open—Palm Beach Post

Singer Island condo residents stormed the beach Monday, demanding their city council reopen the sandy expanse behind their luxury towers.
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5/19/2020 Miami’s residential real estate sales slowed in April — but now they’re picking up—Miami Herald

As expected, the coronavirus pandemic soured sales in Miami’s residential real estate market, according to a report published Wednesday. But the market is regaining steam.
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5/19/2020 Aston Martin Residences closed on four units totaling $8.75M—Miami Herald

Real estate shoppers with multimillion-dollar budgets continue to buy in South Florida.
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5/15/2020 Almost none of Miami’s condo buildings have FHA approval, and that’s a problem—Miami Agent Magazine

Lack of access to Federal Housing Authority mortgage loans continues to inhibit growth of Miami’s existing condominium market.
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5/13/2020 Million-dollar listings: Condo brings $7.7M on Palm Beach’s Breakers Row—Palm Beach Post

A three-bedroom condominium at 2 N. Breakers Row has sold for a recorded $7.675 million — almost $1 million more than when it last changed hands in late 2017.
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5/13/2020 This Fisher Island home sold for $13M. Here’s what helped close the deal.—Miami Herald

What do luxury condo buyers want these days? Customization may be the answer.
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5/12/2020 New report shows Miami market is bouncing back from coronavirus impact—Miami Agent Magazine

Wondering how the pandemic is affecting Miami real estate? The Jo-Ann Forster Team at Compass in Miami has been working to take the guesswork out of it, crunching data from the MIAMI Association of Realtors’ Multiple Listing System every day for the last seven weeks to better understand the impact of the pandemic on the local market.
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5/12/2020 A luxury apartment building in Miami is catering to wealthy residents with a new amenity: free coronavirus antibody testing—Business Insider

Forget heated rooftop pools and underground parking garages. High-end apartment complexes are stepping up their amenities game by giving residents free yoga sessions, free cooking lessons — and now, in at least one Miami residential building, free COVID-19 antibody testing.
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5/12/2020 One Thousand Museum Unit in Miami Heads to Auction With No Minimum—Law.com

A unit in the late architect Zaha Hadid’s One Thousand Museum condo tower in downtown Miami is up for an online auction to the highest bidder.
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5/12/2020 Miami Developer secures $58.5M to Finish Condominium on Millionaires Row—GlobeSt.

Even in the midst of the current COVID-19 pandemic and economic slowdowns, there is still an appetite to buy million-dollar seaside condo units with five-star amenities.
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5/8/2020 Luxury condo sales continue. This Sunny Isles penthouse went for $21 million—Miami Herald

Ultra-luxury sales continue to close in South Florida, underscoring buyers’ ongoing faith in the Miami market.
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5/8/2020 This Miami condo is still under construction, but its penthouse just sold for $10M—Miami Herald

Where are the wealthy planning to be a year from now? Miami seems to be the place.
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5/7/2020 Can You Refuse Pest Control During a Pandemic?—7 News Miami

He has a medical issue and has to be careful who he comes in contact with, but his condo board is saying he has to let the pest control guy in, and they say if he doesn’t, he will be fined. That question and more in tonight’s Help Me Howard with Patrick Fraser.
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5/6/2020 Amid lawsuit, healthcare aide allowed to enter Sunny Isles Beach condo to help disabled woman—7 News Miami

Members of a South Florida condo association have reversed their decision not to allow a healthcare aide to enter their building to help a disabled woman, about a week after the resident’s family had filed a lawsuit.
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5/6/2020 South Florida HOAs and condo associations prepare for a drop in collections—The Real Deal South Florida

With the first days of May ticking by, homeowners and condo associations are keeping a close eye on monthly collections. They’re preparing for nonpayment, as owners and renters struggle to pay their bills.
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