Black Lion, led by real estate investor Robert Rivani who specializes in ownership of flagship restaurant properties, has acquired the ground floor restaurant space at the iconic One Thousand Museum by Zaha Hadid for $6.4 million. Rivani’s off-market purchase marks Black Lion’s first deal in the Downtown area, adding to a portfolio of trophy retail properties spanning from Wynwood and Brickell down to Miami Beach.
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The Continuum Company Launches La Baia North in Bay Harbor Islands
The Continuum Company has officially launched sales for La Baia North, a new luxury, boutique bayfront condominium in Miami’s exclusive Bay Harbor Islands. This project marks the latest in Miami for New York visionary and developer Ian Bruce Eichner, who is well known for developing the Continuum South Beach. The new luxury waterfront development will offer 57 expansive 2-to-4 bedroom residences, spanning between 1,400 to 2,100 SF.
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Mater Brokers Forum Listing: Check Out this Edgewater Penthouse With Incredible Views of Biscayne Bay Asking $6.25 Million
Master Brokers Forum member Mendel Fellig presents this standout two-story penthouse, offering single family home living with the convenience of a condo lifestyle. Enjoy the expansive 4,500 square foot terrace with sky-sweeping views of the sunrise over Biscayne Bay to sunsets in the west, complemented with 6,291 square feet of interior space.
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SCAROFA Properties Breaks Ground On Luxury Residential Townhome Community In Pinecrest
SCAROFA Properties, a third-generation family business, has begun construction on Pine Park Villas, a luxury townhome enclave in the Village of Pinecrest featuring a limited collection of 18 residences. The private community is the unique vision of Stephane Rosarion, principal of Miami-based SCAROFA Properties, which is developing the $32 million project.
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Master Brokers Forum Listing: Check Out This South Beach Corner Unit In South Pointe Tower Asking $2.75 Million
Master Brokers Forum member Alexandra Peters presents this exceptional corner unit at South Pointe Towers, in the exclusive South of Fifth neighborhood. Watch the cruise ships as they glide through Government Cut from every room in this completely gut-renovated 04-line with wrap-around terrace and +/- 2,000 square feet, representing the largest layout in the building.
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Thomas P. Murphy Jr. accepting ULI award accompanied by Mike Murphy, Tom C. Murphy, Sean Murphy, John Murphy, Patrick Erin Murphy, Blake Murphy, John Murphy Jr., Ken Fabel, and Jason Anderson
Thomas P. Murphy, Jr. and the Murphy Family Receive Prestigious ULI Lifetime Achievement Award
In recognition for their decades of work building transformative, large-scale projects that have helped reshape the South Florida skyline, The Urban Land Institute Southeast Florida/Caribbean is presenting Thomas P. Murphy, Jr. and the Murphy Family with the prestigious 2022 Lifetime Achievement Award. The Lifetime Achievement Award honors the top leaders and visionaries whose lifetime of work has significantly shaped communities and changed the industry.
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The Allen Morris Company, Xenel International and Principal Real Estate Investors Close On $57.2 Million Construction Loan For Osceola County Multifamily Development
The Allen Morris Company, Xenel International U.S.A. and Principal Real Estate Investors have closed on a $57.2 million construction loan for The Maxwell at Xentury City, a 311-unit multifamily development located in Osceola County. The loan is being provided by Regions Bank. The Maxwell at Xentury City broke ground in September and has a completion date set for the second quarter of 2024.
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Miami Condo Developer Changing The Game
Miami is a mecca for global consumers seeking year-round sunshine, nightlife, and culture, framed by endless sophistication. From stunning scenery and pristine beaches, the Magic City is a feast for the senses. While developers and hospitality visionaries are playing a prominent role making Miami the most photogenic and desirable city to live, work and play, an evolutionary approach to condo ownership is changing the real estate game, led by Harvey Hernandez, founder and CEO of Miami’s Newgard Development Group.
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Penthouse At The Herzog & de Meuron-Designed Jade Signature Sells For $15 Million In Sunny Isles Beach
A penthouse at the iconic Herzog & de Meuron-designed Jade Signature in Sunny Isles Beach has sold for $15 million. The Carroll Group represented both sides of the transaction for PH5503 with Chad Carroll and Matthew Dugow on the seller's side and Sheerelle Toledano on the buyer's side. Per public record, the buyer is EIN OD MELVADO TRUSTEE SI 55 LLC, while the seller is GABIUS MIAMI PROPERTIES LLC.
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Patek Philippe Nautilus-Ref 5711-1A - Image via Swisswatches Magazine
Is The Watch Market in a Bubble? Will it Burst Anytime Soon?
Something in the watch market has changed. Many say that this change is due to a “bubble” generating a surprising increase in price. The price of luxury items, more specifically pre-owned watches, has skyrocketed in the past 20 months leaving all buyers perplex on what is going on. But can it really be said that this market is in a bubble?
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