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News

10/29/2020 Miami Developer Maimed Swimmer In Yachting Accident, Lawsuit Says—Bisnow

A Miami woman alleges that shopping center developer Irwin Elliott Tauber ran over her with his yacht in Miami's Biscayne Bay in April, causing serious injury to her extremities. He also allegedly refused to render first aid.
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10/28/2020 Condo sales and dollar volume up from last week—The Real Deal

Condo sales and closed dollar volume increased last week in Miami-Dade County.
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10/27/2020 Ten30 South Beach Debuts Sales Gallery at Socially Distanced Open House in Celebration of Its Boutique Miami Beach Residences—Multifamily Biz News

Ten30 South Beach, an enclave of moderately priced, Mid-Century Modern design-inspired Miami Beach condominiums by development firm Shoma Group, broke the conventional mold of a sales gallery unveiling when it hosted a socially distanced open house in celebration of the boutique residences.
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10/27/2020 Court Upends Hotel Condominium Structure—Lexology

In IconBrickell Condominium No. Three Association, Inc. v. New Media Consulting, the Florida Third District Court of Appeal, in an opinion dated October 7, 2020, upheld a condominium unit owner’s challenge to the structure of the IconBrickell Condominium No. Three claiming that the declaration for condominium violated the Florida Condominium Act by giving ownership and control of facilities shared by the residential condominium and hotel condominium to the hotel unit owner.
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10/26/2020 Paramount at Miami Worldcenter penthouse sells for $3.9 million—Miami's Community Newspapers

The latest sale in the Paramount, one of the city’s newest and most luxurious condominium developments, and the cornerstone building of the Miami Worldcenter, America’s largest urban-core construction project, clocks in at a whopping $3.9 million, and the unit is the only sale to go under contract and close within 30 days during the pandemic.
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10/26/2020 McKinlay Rose Interiors Designs Magnificent Brickell Flatiron Condominium In Miami—Haute Residence

Located in the heart of downtown Miami at Brickell Plaza, this brand new luxury condominium celebrates a true architectural icon.
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10/26/2020 Luxury condominium La Clara breaks ground in West Palm Beach, Florida—World Architecture News

Overlooking the Intracoastal Waterway, LA CLARA provides a new twist on Floridian Modernism with expansive private terraces, luxury finishes and unobstructed views.
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10/23/2020 How COVID-19 is changing the design of a Florida condo because of buyers' desires—Tyler Morning Telegraph

The pandemic has changed condo buyers' wish lists. The Four Seasons took note.
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10/23/2020 Miami-Dade Total Home Sales Surge Double Digits in September—PR Web

Miami-Dade County total home sales surged in September 2020 as a jump in mid-market and luxury home transactions pushed the resilient market to new heights, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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10/22/2020 Dream Clean, a local South Florida commercial cleaning service—Miami Community Newspapers

For over 20 years, Dream Clean, a local South Florida commercial cleaning service, has proudly continued to provide janitorial services to municipalities, condo associations, commercial buildings, and large event venues such as Bayfront Park, Lincoln Road, West Palm Amphitheater and the City of Miami Beach.
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10/22/2020 Sandor Scher: Set to bring hotel, condos, retail to Beach’s Ocean Terrace—Miami Today

For almost two decades, Sandor Scher’s Claro Development has advised on more than 100 projects in over 60 cities, adding nearly 2,500 hotel rooms in South Florida and, according to firm figures, delivering more than $750 million of hospitality, commercial and historic restoration development.
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10/22/2020 Betting on distress: Bulk condo website launches, aimed at investors—The Real Deal

Miami-based Condo.com founder Richard Swerdlow and South Florida developer Bruce Goldstein are partnering to launch an online platform for bulk condo deals, The Real Deal has learned.
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10/19/2020 South Florida real estate calendar for the week of Oct. 19—Miami Herald

Real estate webinars this week are daring to look ahead, beyond the pandemic to see its potential impact on the South Florida marketplace.
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10/19/2020 Climate Change: Rising Seas And The South Florida Housing Market—Lawyers.com

The notion of climate change, specifically rising seas, affecting coastal homes and properties within Florida is not necessarily novel. We have been addressing this issue for some time, raising the question of how coastal flooding may impact the housing market in general.
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10/19/2020 VIDEO: Rainbows are almost never seen like this, but a Singer Island resident got proof—Palm Beach Post

A gallop of afternoon showers this month was followed by a fleeting moment of bliss when a Singer Island resident saw a rainbow in its full grandeur.
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10/19/2020 Penthouse at Eighty Seven Park in Miami Beach sells for $37M—South Florida Business Journal

The penthouse in the new Eighty Seven Park condo in Miami Beach sold for $37 million, a record for the building, but short of the record-setting price the developer had initially hoped for.
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10/16/2020 Mast Capital wins initial approval for shorter Mid-Miami Beach condo project—The Real Deal

Developer Camilo Miguel Jr. won initial approval for a shorter, 85-foot tall version of his planned 4000 Alton Road condo project in mid-Miami Beach.
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10/14/2020 South Florida real estate market shifts from focusing on condos to single family homes—Local 10 News

Not long ago, condos were the hot item in the South Florida housing market. These days the bidding wars are being waged elsewhere.
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10/14/2020 Movers & Shakers: Related taps Douglas Elliman for condo sales & more—The Real Deal

The Related Group hired Douglas Elliman to handle sales and marketing of its Pompano Beach condominium Solemar. Related plans to break ground on the 105-unit, 20-story oceanfront tower in the first half of 2021.
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10/14/2020 South Florida real estate calendar for the week of Oct. 12—Miami Herald

Most real estate conferences and talks this week highlight the impacts of the pandemic on the industry nationwide.
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