In The News

Get updates from our press releases, latest newsletters, and recent work.

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.[...]

Ready to take that next step?

Previous News

CLIENT NEWS: Miami’s cherished, historic Freedom Tower shut down for a $25 million restoration

August 1, 2023

For 98 years, the Freedom Tower has stood as a symbol of Miami, a cherished, unifying landmark in a city of constant change. Now it’s shutting down. But fear not, the closure is only temporary, and all for the better. Miami Dade College is embarking on a badly needed $25 million renovation of the tower, a national historic landmark and one of the few buildings in the city that fully deserves the overused label of “iconic.” The two-year rehabilitation project,[...]

CLIENT NEWS: Chrysler Building Owner Proposes 104-Story Tower In Downtown Miami

August 1, 2023

Yet another 1,049-foot supertall has just been proposed by a developer for a property in downtown Miami. The tower is planned to rise 104 stories, according to newly filed documents. Preliminary plans show it would include: 1,074 residential units (averaging 1,268 square feet) 252 hotel keys (averaging 540 square feet) 1,013 parking spaces The Yve Hotel, an adjacent parking garage, and a 12-story office building at 141 NE 3rd Ave would be demolished. The adjacent 30-story New World Tower, owned[...]

CLIENT NEWS: South Beach retail slump: Investors buy Collins Avenue building at 75% discount

July 28, 2023

Amid a South Beach retail slump, Northeast investors bought a Collins Avenue building at a deep discount, with plans for a Michelin-starred chef to open a restaurant at the long-vacant site. Garfield and Rebecca Spencer bought the two-story building at 624 Collins Avenue in Miami Beach for $6 million, or 75 percent less than the property’s sale price seven years ago, according to the broker and records. “It’s more indicative of the neighborhood conditions,” broker Drew Kristol said, adding that[...]

CLIENT NEWS: Coral Way Office-Retail Building Seeks Zoning OK

July 27, 2023

A new mixed-use commercial development is targeted for Coral Way with over 120,000 square feet of class-A offices and retail shops. Miami City Commissioners are to hear the second reading of a resolution to rezone the corner lot on Coral Way and Southwest 31st Avenue where the Brito Miami Private School sits. If the city votes to rectify the zoning discrepancy, a proposed five-story office building will rise alongside the neighborhood’s existing commercial corridor. The acre lot, at 3030 SW[...]

CLIENT NEWS: Witkoff, Monroe score record $430M construction loan for Shore Club

July 26, 2023

Witkoff and Monroe Capital secured $430 million in construction financing for their Shore Club project in Miami Beach, likely marking the largest such loan for a residential development in South Florida — at a challenging time in the market. J.P. Morgan provided the financing for the luxury condo and resort development planned for 1901 Collins Avenue, according to a press release. New York-based Robert A.M. Stern is designing the oceanfront project alongside Kobi Karp Architecture & Interior Design. The 49[...]