The Union Tribune is reporting that a proposed joint venture between a local San Diego developer and New York’s Setai Group to create a west coast outpost of the prestigious, The Setai South Beach, is now uncertain. In November, the Setai Group sued 5th Avenue Partners and its principal, Orange County developer Rebeil, alleging that [...]
I get a fair number of calls from Miami Beach real estate sellers asking me for my opinion on why their condo hasn’t sold. I try to help as many people as I can, but sometimes they really aren’t looking for my honest opinion, they want me to confirm their thoughts, which I can’t do. [...]
As you know, I am fascinated with 740 Park. Curbed is reporting that #4/5 A has traded at $32M to an unidentified buyer. In the past, I have compared 740 Park to Apogee South Beach. I know from being inside Apogee South Beach that it is without peer in Miami Beach real estate, and apparently 740 [...]
Last week I attended the INMAN Connect, a real estate technology conference. While attending various seminars and listening to many people’s opinions about this or that, there was one common question throughout the conference which kept coming up in every conversation: What’s next for Manhattan real estate? I saw it everywhere, from Dolly Lenz’ quote in The Real Deal: [...]
I recently had a client who purchased a large condominium in South Beach. While doing my research on available inventory of like/kind units in the neighborhood, I came to dissect each one of the luxury buildings to find out how many units were comparable to my buyer-client’s unit. Here are some interesting real estate tid-bits about large units [...]
I’ve had a large number of people contacting me and asking me about 2007 condo stats for Miami Beach and South Beach condos. I plan to do the 2007 statistics this week and post most of them by this weekend. I plan to analyze each Miami Beach condo’s stats separately, and group them by neighborhood [...]
