Scott Sherman still remembers when landlords could get top dollar asking rents for retail and restaurant spaces on Lincoln Road, the outdoor pedestrian mall in Miami Beach. “Eight years ago, rents got ridiculous,” Sherman, who leads Miami-based Torose Equities, told The Real Deal. “They went from $150 to $300-plus a foot. Restaurants fled, national brands downsized and the street lost its energy.” Sherman, who was among the landlords steering the Lincoln Road Business Improvement District in the 2010s, returned to[...]
Read More
Bercow Radell Fernandez Larkin & Tapanes PLLC is proud to announce we have once again been recognized in the 2026 edition of Best Law Firms®, ranked by Best Lawyers®. The firm has successfully ranked in the top tier in Miami for Land Use & Zoning Law as well as in Real Estate Law as well as in the second tier nationally in Land Use & Zoning law. For the third year in a row, the firm has also been ranked[...]
Read More
Since becoming president of the Builders Association of South Florida (BASF) in May, Melissa Tapanes Llahues has been focused on guiding the organization’s goals to better the region’s economic and community development efforts. Ms. Tapanes Llahues said her vision has been centered on strengthening public-private partnerships, improving housing accessibility, and giving the region’s builders a voice. Climate resilience, mobility, and evolving infrastructure needs challenges are also top priorities, she said. Ms. Tapanes Llahues is known for her expertise in managing[...]
Read More
Michael Comras’ company is under contract for a retail property portfolio on Miami Beach’s Lincoln Road. Miami Beach-based Comras Company is buying several properties from Morgan Stanley Real Estate Investing and Stephen Bittel’s Terranova, with the price pegged at about $140 million, Commercial Observer reported. The properties include 600, 719–737, 741, 801–821 Lincoln Road and 723 North Lincoln Lane. It’s unclear if Comras has an equity partner. New York-based Morgan Stanley has been trying to sell the buildings this year,[...]
Read More
Just a few short years ago, the historic heart of Overtown, Miami’s original Black neighborhood, lay desolate and lifeless just steps from Biscayne Boulevard and downtown. There were few if any shops, few homes, not a single grocery store, but lots of vacant lots, the result of decades of demolition, disinvestment and abandonment. Today, the change along the six blocks of Northwest Second Avenue and its immediate vicinity is nothing short of dramatic. The streets are busy with pedestrians, thanks[...]
Read More
The City of Miami’s Urban Development Review Board (URBD) has approved plans for the tallest building in the history of Overtown, Miami’s historically Black neighborhood. On October 15, the URBD gave the Miami Beach-based David Om, LLC, which is managed by Alan Omsky, the founder of the “Asian-inspired” Kyu (pronounced “cue”) restaurants, the green light to build a 56-story tower at the northwest corner of NW 2nd Avenue and NW 12th Street. The project — which would feature 498 residential[...]
Read More