Bercow Radell Fernandez Larkin & Tapanes is proud to announce that Michael Larkin and Nicholas Rodriguez have achieved the first-ever Live Local Act application approval in the City of Miami Beach, a major milestone for housing and resiliency policy. After encountering resistance to a traditional code amendment for a 100% workforce housing project, our team strategically pivoted to the Live Local Act. We secured a favorable interpretation that allowed our client to maximize density, then successfully navigated the City’s complex[...]
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A 52-year-old office building in Miami's Brickell Financial District was sold to the developer who plans to replace it with a Dolce & Gabbana-branded tower. The 888 Brickell Ave. building, on 0.52 acres, was acquired by a subsidiary of Michael Stern's JDS Development Group on April 23 for $61.23 million, according to a report from Vizzda, a Tempe, Arizona-based real estate data provider. The seller was Alphatur Inc.. headed by Mashud A. Mezerhane, which acquired the building for $6.3 million[...]
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Robert Rivani’s Black Lion hunted down its biggest purchase in South Florida to date, but will have to compete with other heavy hitter developers in Miami Beach’s office market. The Miami-based commercial real estate investment firm paid $62.5 million for a Miami Beach mixed-use building, The Real Deal has learned. Black Lion is paying at a 42 percent discount off the previous sale price seven years ago. Black Lion acquired the ground lease for The Lincoln, a six-story building with[...]
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Developer David Martin acquired a minority stake in the site of the former Deauville Beach Resort, a property that billionaire developer Stephen Ross had under contract two years ago. Deauville Associates, led by the Meruelo family, sold a 25 percent interest in the 3.8-acre oceanfront property at 6701 Collins Avenue in Miami Beach for $12.5 million. TMG 67 Communities LLC, a company tied to Martin’s Coconut Grove-based Terra, purchased the stake, records show. A spokesperson for Terra said the firm[...]
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A retail strip and some apartments in Miami Beach could be replaced with a seven-story hotel. The city’s Planning Board will consider the application for the 0.63-acre site at 1509 and 1515 Washington Ave. on April 25. It currently has an 11,458-square-foot retail building that was constructed in 1959, plus a 13-unit apartment complex that was built in 1948. Recent tenants include Playa Café, Charlotte Bakery, Cheese Burger Baby, and 123 Liquor. Current property owner Washington Gardens MB LLC, co-owned[...]
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Aman, Rosewood, Oetker and Four Seasons Hotels & Resorts, as many luxury travelers know, are regarded as the top ultra-luxury hotel brands in the world with exquisite rooms, unbending service and amenities that get more over-the-top by the day. Now, a developer in Miami, Robert Rivani, the founder and CEO of the commercial investment firm Black Lion, has plans to recreate that premier experience but- get this- for the workplace. “While luxury hospitality buildings push the boundaries of service and[...]
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