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April 23, 2018
Health and wellness is quickly becoming the newest trend in luxury real estate. Developers are tapping into the wellness market for real estate by offering luxury amenities like open-air yoga studios, medicinal gardens with calming herbs and meditation courtyards. They are creating interior spaces that incorporate nature into the design to create a peaceful surrounding geared to reduce stress and promote mental clarity.
April 19, 2018
Brickell Flatiron, a luxury residential condo tower located in Downtown Miami’s Brickell Financial District, has sold about 75 percent of its 549 units. There are currently only about 130 residences still available. Developed by Ugo Colombo's CMC Group, the luxury sky rise tower will measure over 700 feet once completed. Construction began in 2016 and its completion date is slated for summer of 2019.
April 16, 2018
The CEO of Zillow, Spencer Rascoff was recently interviewed by Forbes Magazine, and he shared a detailed look into the strategy that has turned his company into a $10 Billion real estate listing giant. In 2007, after Apple’s announcement that the company would allow third-party apps on the iPhone, Rascoff bet everything on mobile development and compatibility.
April 12, 2018
Flying cars, vehicles of our imagination and science fiction are rapidly approaching the world of reality. In preparation for aerial commuting, the luxury real estate developers behind the 60-story ultra-luxury tower Paramount Miami Worldcenter, is making sure that future owners of these space-age vehicles have a place to land. Developer Dan Kodsi is preparing for the future by outfitting the top of the building with the first residential skyport in Miami-Dade County. “Paramount Miami Worldcenter is excited to be at the forefront of urban aviation with what can one day be the first residential skyport in Miami,” says Kodsi.
April 9, 2018
A version of Wynwood’s hip vibe is set to take root in Miami Beach. Called the North Beach Yard, Miami Beach commissioners approved a five-year lease with the city to turn a lot at 81st Street and Collins Avenue into a trendy outdoor gathering space for the public. Wynwood Yard founder Della Heiman and her business partner Ken Lyon have been working on the plans that would include food trucks, small retail businesses, a bar, a performance stage for live entertainment and daytime programming, a pavilion and a renovated city-owned building that will serve as a community center.
April 5, 2018
The Miami Worldcenter will be a nearly 30-acre destination in the heart of downtown Miami. Miami Worldcenter is set to bring a new energy to the city of Miami with a compelling blend of exceptional retail, hospitality, and residential offerings in one unique location. The development, spearheaded by Art Falcone and Nitin Motwani, will include the Mall at the Miami Worldcenter, the 7th Street Promenade, an 1800-room Marriott Marquis Hotel and Expo Center, residential towers and the signature centerpiece, the ultra-luxurious Paramount Miami Worldcenter residential condo tower.
April 2, 2018
According to a report released by Dodge Data and Analytics, this past February showed new construction spending was up 81 percent from the previous year. That number comes in at nearly $1.5 Billion with commercial development starts totaling $775 Million and residential construction totaling $698 Million. Year to date new residential construction starts saw the highest increase in spending to $1.44 Billion. That’s a 93 percent increase from 2017.
March 29, 2018
The National Fair Housing Alliance filed a lawsuit in the Manhattan federal court alleging that Facebook's housing ads actively allow landlords and real estate agents to discriminate against women, families with children and the disabled. In 2016 Facebook was in discrimination hot water when their housing ads were reported to exclude ethnic minorities from seeing them. In response, Facebook said they would no longer allow advertisers to target housing ads using any ethnic criteria. They vowed to end discrimination in their ads, but while they supposedly cleaned up the issue, this new lawsuit alleges that there are more holes in their system and discrimination still continues.
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