CLIENT NEWS: Todd Glaser, Posners close on Sonny Kahn’s waterfront Miami Beach estate, plan spec mansion asking $300M

July 29, 2025

Todd Glaser and the Posner Group paid $105 million for a waterfront estate in Miami Beach that Glaser plans to knock down and replace with a spec mansion asking $300 million. Developer Sonny Kahn, a founding partner at Miami-based Crescent Heights, and his wife Suzanne sold the 2.3-acre estate at 5940 North Bay Road. The deal, in the works for about six months, closed on Monday, Glaser said. Glaser’s investor and partner, Jarrett and Sean Posner’s firm, financed the purchase.[...]

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CLIENT NEWS: Michael Stern’s JDS wins final OK on upzoning for South Beach high-rise

July 2, 2025

Developer Michael Stern’s JDS Development Group notched a major win with the upzoning of a property in South Beach, where he plans a bayfront luxury condo tower next to the Monad Terrace project he built. Miami Beach commissioners on Friday granted final approval to zoning amendments and a development agreement that will allow the developer to build a taller and slimmer tower on the site at 1250 West Avenue, including a floor area ratio of 5.75. Commissioner David Suarez was[...]

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CLIENT NEWS: Miami Beach commission grants final approval to Meruelos and David Martin for oceanfront Deauville project

July 2, 2025

Miami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort to redevelop the oceanfront site. The approvals came at the end of a five-hour special meeting held on Friday to address the Deauville project in North Beach, and developer Michael Stern’s proposed project in South Beach. Both were approved. The Meruelos and developer Martin, CEO of Terra, plan two luxury condo buildings and a boutique[...]

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CLIENT NEWS: How a housing village rising at a Hialeah train station is changing a community

July 1, 2025

As commuters unload from carpools passing through the parking lot of a Tri-Rail station on a recent weekday morning, they’re greeted by a symphony of construction while waiting for their trains. Buzz saws and percussion drills crank up just 10 feet from the train platform, where workers in green vests and yellow safety helmets are building a new housing development. The eight-story residential building, named Metro Station 1, broke ground in May with a target completion by January 2026. The[...]

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CLIENT NEWS: Immersive art museum could replace longtime movie theater on Lincoln Road

June 25, 2025

A proposal to convert the Regal Cinemas on Lincoln Road into an immersive art museum is scheduled to go before the Miami Beach Planning Board on July 1. Superhuman Museum LLC, affiliated with North Miami Beach entrepreneur and media personality Steve Berke, has submitted an application to open the Superhuman Immersive Modern Art Museum at 1100 Lincoln Road. The plan calls for repurposing the 78,000-square-foot, three-story theater into an interactive venue featuring modern art exhibits, food and beverage counters, and[...]

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CLIENT NEWS: Melo plans 1,600 units in Edgewater, Bazbaz proposes its second Miami Live Local Act tower

June 18, 2025

A third tower at the Aria Reserve condo complex, a pair of apartment buildings near Margaret Pace Park, and a Live Local Act project could be the latest projects to rise in Miami. The city’s Urban Development Review Committee will review the three proposals at its meeting on Wednesday. Miami-based Melo Group proposes a 50-story, 430-unit condo tower on a 1.4-acre development site at 500 Northeast 24th Street in Miami, according to city records. It would mark the third tower[...]

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