Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami. Coconut Grove-based Swerdlow Group’s project also will include 370,000 square feet of commercial space such as offices and a school; 250,000 square feet of open space and amenities and a new Tri-Rail passenger train station, according to Miami-Dade records. The project would replace the existing public housing complexes of Victory Homes at 520 Northwest 75th Street, Newberg at[...]
Read MoreJamie LeFrak is like a lot of parents. The LeFrak Organization vice chairman wants to keep his kids close. LeFrak bought waterfront residential land in Miami Beach last year with the idea of building homes for each of his four children, he said at a city meeting this week. It’s unclear exactly when he would build the homes but he said he is not in a rush. His and his wife’s oldest child is 12 and, “He doesn’t need a[...]
Read MoreFor decades, the glass-and-aluminum facade of the YVE Hotel on Biscayne Boulevard in downtown Miami has concealed a historic secret. Beneath the mint-green panels that cover the exterior of the 16-story tower lies a significant relic of Miami’s 1920s real-estate boom. Once known far and wide as the Miami Colonial Hotel, it is, all outward appearances aside, the very last of a row of grand hotels of the era still standing on Biscayne Boulevard. It won’t be for much longer.[...]
Read MoreRobert Rivani’s Black Lion Investment Group is partnering with Massa Investment Group to acquire Starwood Capital’s former headquarters building in Miami Beach for $82 million, The Real Deal has learned. Rivani’s firm and Massa Investment, led by Mathieu Massa, are under contract to purchase the eight-story office building with ground-floor retail at 1601 Washington Avenue, according to a Black Lion spokesperson. Jeremy Hakala and Clay Sidner with Newmark are brokering the deal, which is expected to close later this year,[...]
Read MoreBercow Radell Fernandez Larkin & Tapanes is proud to welcome two new associates, Benjamin Sherry and Roberto Alvarez, to its distinguished roster of professionals. Benjamin excelled academically at FIU College of Law, graduating magna cum laude and ranking fourth in his class. In law school, he earned the prestigious CALI Excellence for the Future Award for his outstanding performance in his legal research and writing. He also served as a Teaching Assistant, mentoring fellow students in these subjects, and as[...]
Read MoreMichael Stern tapped Official to lead sales of his Dolce & Gabbana-branded supertall condo tower planned for Miami’s Brickell neighborhood. Stern’s JDS Development Group partnered with the Italian fashion house that is expanding into real estate with other projects planned in Spain and the Maldives. The Miami tower, at 888 Brickell Avenue, was previously planned as The Major until Major Food Group and JDS parted ways. Official, a Side-backed brokerage that brothers Oren and Tal Alexander started a year ago with their partners,[...]
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