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CLIENT NEWS: Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units

March 12, 2025

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[...]

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CLIENT NEWS: Mount Sinai drops $32M for “small hospital” dev site in Westchester

September 12, 2023

Mount Sinai Medical Center bought a development site in Westchester for $32 million. The Miami Beach-based health care provider purchased 5.6 acres at 8250 and 8200 Southwest Eighth Street in unincorporated west Miami-Dade County from an entity led by Jorge Cruz, according to records and real estate database Vizzda. The purchase comes two months after an attorney submitted a letter to the county on behalf of an unidentified entity, seeking clarification whether a “small hospital” with fewer than 100 beds is allowed[...]

CLIENT NEWS: Miami’s latest lavish skyscraper will be courtesy of Dolce&Gabbana

September 11, 2023

In Miami, a city where most of the coastal metropolis’s skyline shimmers in silver or reflects blue skies and water through glass, a fashionable newcomer will be outfitted in black and ivory, and topped with an elaborate gold crown. Like the boning on a luxe corset, matte black steel beams will form its 90-story structure, topping out at 1,049 feet tall. Reaching the maximum allowable height set for the city by the Federal Aviation Admission, the skyscraper will tie for[...]

CLIENT NEWS: Altman proposes 373-unit apartment complex near North Miami

September 7, 2023

Altman Companies wants to build a 373-unit multifamily complex near North Miami. The Fort Lauderdale-based firm has the 3.4-acre development site at 11240 Biscayne Boulevard in unincorporated Miami-Dade County under contract for an undisclosed price, according to an application Altman submitted to the county last week. The complex would rise 11 stories along Biscayne Boulevard and taper down to eight stories on the rest of the lot. Designed by CFE Architects, the development would include the required 12.5 percent of[...]

INDUSTRY NEWS: Miami Among The Top Cities For New Apartment Construction In 2023

September 7, 2023

Miami is projected to be one of the top U.S. cities for new apartment completions in 2023, according to a new analysis by RentCafe. Overall, the Miami metro area is expected to complete construction of 20,906 new apartments this year, the fourth most of any metro in the U.S. The City of Miami alone is expected to add 9,362 apartments – the most of any city in the metro area by far, and one of the highest of any city in[...]

CLIENT NEWS: Kushner picks up distressed Surfside site from Boymelgreen, lender

September 7, 2023

Kushner Companies paid $40 million for a distressed development site in Surfside, sources told The Real Deal. New York-based Kushner worked with the seller, Shaya Boymelgreen, and the lender, Fuse Group, to assume the debt and buy the property at 9300 Collins Avenue. The deal closed on Tuesday afternoon, the sources said. Kushner, led by Charles Kushner, his daughter Nicole Kushner Meyer and Laurent Morali, plans a luxury rental development. The vacant property is zoned for about 100 units with a maximum building[...]