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CLIENT NEWS: Robert Rivani’s Black Lion pays $63M for Miami Beach mixed-use building

April 23, 2024

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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CLIENT NEWS: South Beach is Heading to North Beach

August 23, 2019

Despite a 2015 public vote against increasing density in North Beach, Miami Beach will allow a luxury condo tower and refurbished hotels on North Beach's Ocean Terrace in exchange for a $15 million public park. Commissioners last week unanimously voted to change the future land-use designation and zoning regulations of a two-block stretch between 73rd and 75th Streets on Ocean Terrace. The move will allow Alex Blavatnik — brother of the energy billionaire Len Blavatnik — and megadeveloper Sandor Scher to[...]

CLIENT NEWS: New Development Proposed for North Beach Town Center

August 21, 2019

Plans have been submitted to the Miami Beach Design Review Board for a new mixed-use development overlooking the North Shore Park on 72nd Street. An entity controlled by Matis Cohen and the Galbut family is proposing to build a 22-story tower with ground floor commercial space, a landscaped amenities deck, and a rooftop terrace in the North Beach Town Center. The project, designed by Arquitectonica, includes co-living units along with traditional studio, and 1, 2, and 3-bedroom floorplans. Co-living, which[...]

CLIENT NEWS: The New Target on South Beach is Finally Open, and it’s Different from the Rest

August 19, 2019

Breathe a sigh of relief, South Beach - your Target is finally open. The retail giant has opened its first Miami-area “compact store” - the first in South Florida - at the BLVD at Lenox retail development at 1045 Fifth St. in Miami Beach. And when we say compact, we mean compact. Shoppers used to the massive Targets in the suburbs may be stunned by the size of the new store. The South Beach target is almost 33,000 square feet,[...]

Three Shareholders Named to 2020 Best Lawyers®

August 15, 2019

Bercow Radell Fernandez & Larkin is pleased to announce that three lawyers have been included in the 2020 edition of The Best Lawyers in America: Jeffrey Bercow, Ben Fernandez and Michael Larkin. Since it was first published in 1983, Best Lawyers has become universally regarded as the definitive guide to legal excellence. For the 16th year, co-founder and managing partner Jeffrey Bercow has been cited for his work in Environmental, Land Use and Zoning and Real Estate law. Two years ago Bercow was named the “2018 Miami Land Use[...]

Spaghetti Western Star Scores Approval to Build Controversial Brickell Tower

July 30, 2019

More than a year after a preservation effort failed to save Brickell’s Babylon Apartments from the wrecking ball, Miami’s elected officials handed the famed site’s owner another significant victory. The city commission voted 4-1 on Thursday to grant Babylon International’s request to upzone the property at 240 Southeast 14th Street from 12 stories to 24 stories. Commissioners Joe Carrollo, Willy Gort, Keon Hardemon and Manolo Reyes put aside objections from dozens of neighboring condo owners and residents, as well as an impassioned[...]