Is Ken Griffin the unidentified mystery buyer behind the lavish former Terry Allen Kramer Estate, located at 1925 S Ocean Blvd. which traded in July 2019 for $105 million? The transaction was closed under the limited liability company Weimo LLC and following the debacle in regards to the outing of his Faena penthouse purchase, Griffin is known to be extremely strict about secrecy with the brokerages involved.
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Virgin Trains Announces Aventura, PortMiami & Boca Raton Stations Will Open In October 2020
Virgin Trains has announced that both the Aventura, PortMiami and Boca Raton stations are expected to come online in October 2020. Formerly known as Brightline, the train line is now in negotiations with Orlando entertainment parks and venues for a 2nd Orlando station while the Orlando International Airport station remains on schedule.
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Check Out This Recently Listed Choeff Levy Fischman-Designed Palm Island Estate Asking $23.5 Million
Designed by award-winning architects Choeff Levy Fischman, the opulent 19 Palm Avenue on Miami Beach’s Palm Island has listed for $23,500,000. The 9,600 SF residence leaves you in awe the moment you step onto its lavish motor court, boasting a colossal cascading water feature and British-made automobile rotating turntable.
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Terra and Mr. C Unveil Plans for Next-Generation Development: Mr. C Residences Coconut Grove
David Martin’s Terra and Ignazio Cipriani’s Mr. C have announced a new, high-end residential and mixed-use development in the heart of the reclusive Coconut Grove neighborhood. This is the first large-scale residential project by the Mr. C brand, a 20-story, 151-unit tower at 2655 South Bayshore Drive.
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Check Out The Hotel Addition Proposed Atop The Sterling Building On Lincoln Road
Sam Herzberg has proposed a 144 room hotel addition atop The Sterling Building located at 927-929 Lincoln Road, home to the popular Books and Books Cafe. The Miami Beach Planning Board will review the proposal at their December 17th meeting, which came following the city approving an increase in building height from 50’ to 75’ on the north side of Lincoln Road as well as to allow smaller units down to 200 SF.
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Palm Beach Approves Plan For Luxe Condo Atop Tiffany & Co. Building On Worth Avenue
The Town of Palm Beach has approved plans for a luxury condo atop the iconic Tiffany & Co. building on Palm Beach’s Worth Avenue, one of the ritziest, most expensive streets in the United States. The addition would include the conversion of the existing 2nd floor as well as adding a 3rd floor spa and pergola which would not be visible to pedestrians on the street.
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Avison Young Oversees Sale Of $70 Million Transformco Distribution Center To Reich Brothers
Avison Young’s Florida Capital Markets Group has overseen the sale and closing of the Transformco Distribution Center, the largest single-building industrial asset in Florida spanning nearly 2 million SF, to Reich Brothers. The transaction closed for $70 million for the 1,937,892-square-foot Transformco Distribution Center, located at 655 SW 52nd Ave. in Ocala.
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L to R: Scott Durkin, Douglas Elliman President & COO, Gus Rubio, COO of Douglas Elliman Florida Brokerage, Don Langon, Managing Broker of Douglas Elliman Palm Beach, Dottie Herman, CEO of Douglas Elliman, Howard M. Lorber, Executive Chairman and Jay Phillip Parker, CEO of Douglas Elliman Florida Brokerage.
Douglas Elliman Celebrates Grand Opening Of New Duplex Palm Beach Office In Royal Poinciana Plaza
Douglas Elliman continues to expand its presence in South Florida and the Palm Beach market with the opening of a new office in Palm Beach’s Royal Poinciana Plaza located at 340 Royal Poinciana Way, Suite M302. The two-story, 3,539 SF location houses the firm’s 125 Palm Beach agents along with additional office space for new recruits and marketing operations.
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Mandala Proposes BLUR Workshop-Designed Courtyard By Marriott in Downtown Miami
Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20.
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Plans Submitted For Paraiso Place To Bring 279 Rental Apartments To Edgewater
Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.
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