Recessions and Depressions

Million-Dollar Mermaids

Miami Hit Harder By Recession Than Almost Any Other City On Earth

​Next time someone tells you, "Eh, this recession hasn't sucked that much in Miami," whip out this interactive economic graphic report that the Brookings Institute just published. The think tank's conclusions are stunning: Of 200 global cities they analyzed, Miami's economy was harder hit by the r ... More >>

Miami's Population is Losing Lots of "Hip," Young Folks

​Is Miami "cool" enough to attract and retain young folks? According to a new analysis by a senior fellow at the Brookings Institute, probably not. New data shows that the Miami area lost more residents aged 25 to 34 than most major American metro areas between 2008 and 2010.

Wells Fargo Laid Off 258 Employees in Doral, Released Report Saying Jobs in South Florida Are on the Rise

​Yesterday, Wells Fargo laid off 258 employees at a call center in Doral. But fear not, former Wells Fargo workers! Today, Wells Fargo released a report saying South Florida will help lead the state in job growth over the next year. Just apparently not the call-center jobs at Wells Fargo.

Watch Protestors Dance the "Tax the Rich Shuffle" Outside Carnival Headquarters

Photo by Tim Elfrink​To celebrate Tax Day, the folks at Right to the City and MoveOn.org decided it was high time to combine the best traditions of 1985-era Chicago Bears dancing and progressive lefty political agitation. The result? Behold the "Tax the Rich Shuffle." William "The Fridge" Perry wa ... More >>

More Than a Dozen New Restaurants, Lounges in Coconut Grove

Cocowalk Cocowalk is at 94% occupancy.​Ask someone to play a word association game with various neighborhoods in Miami and you'll likely get "beautiful" for South Beach, "arty" for the Design District and "weird" for Coconut Grove. The Grove has always had a reputation for being a hippy enc ... More >>

DJ Mag Returns to the Shelborne With Two Weeks Worth of Parties

Sander Kleinenberg​Why choose between Winter Music Conference and Ultra Music Festival, when you can have both? DJ Mag has decided to do exactly that this year as it once again takes over the Shelborne, and its nightclub Shine, for two weeks worth of parties.Highlights include the return of DJ Mag ... More >>

Wall Street Traders Back to Acting Like Horrible People (By Hiring Dwarfs for Bachelor Parties in Miami)

​By and larger Wall Street's movers and shakers have always been insufferable, out-of-touch husks of human beings driven solely by greed. Of course, during the great recession of 2008 in which they were cast, deservedly so, as the villains they were forced to reign in some of their more exuberant ... More >>

After Historic Decline, Florida's Population is Growing Again

​Between 2008 and 2009 Florida's population shrunk for the first time since World War II. The net loss of 58,000 residents was attributed to the recession and real estate woes. Now, the University of Florida says Florida's population is back on the rise, and says that may be a good sign for t ... More >>

Screw the American Dream

​Between 2008 and 2009 Florida's population shrunk for the first time since World War II. The net loss of 58,000 residents was attributed to the recession and real estate woes. Now, the University of Florida says Florida's population is back on the rise, and says that may be a good sign for t ... More >>

Marco Rubio Calls for More Tax Cuts, But Could That Hurt The Economy More?

​It seems so simple that Republicans have taken it as fact: tax cuts will lead to greater economic strength. Lower taxes mean people have more money to spend, businesses have more payroll to add jobs, and hence our economy should get a jolt, right? It's no surprise that Marco Rubio has now come ou ... More >>

Gen Art Closes After Sixteen Years in Business

Farewell old friend.​Gen Art, the organization that specialized in supporting and exposing emerging talents in the fields of fashion, film, music and visual art will officially close after sixteen years in business. Gen Art had offices in Miami, as well as New York, LA, Chicago and San Francisco." ... More >>

Interview With James Beard Semifinalist Myles Chefetz of the Prime One Twelve Empire, Part 1

Photo by Seth Browarnik/Red Eye ProductionsMyles Chefetz​A veteran Miami restaurateur, Myles Chefetz owns some of the hottest eateries in town -- all of which are within a block of one another. First came the eclectic Nemo, which was followed by the amped-up diner Big Pink. Chefetz really hit his ... More >>

Saved by the Bell

Photo by Seth Browarnik/Red Eye ProductionsMyles Chefetz​A veteran Miami restaurateur, Myles Chefetz owns some of the hottest eateries in town -- all of which are within a block of one another. First came the eclectic Nemo, which was followed by the amped-up diner Big Pink. Chefetz really hit his ... More >>

Basel Brought The Box to Nikki Beach

​ There was plenty of imported NY snatch traipsing around Miami for Basel but perhaps the most famous receptacle of naughty body parts designed to give you pleasure was the aptly named, The Box. Straight from the Lower East Side and towing a reputation for providing some of the most naughty, ... More >>

Pump Up the Jams

​ There was plenty of imported NY snatch traipsing around Miami for Basel but perhaps the most famous receptacle of naughty body parts designed to give you pleasure was the aptly named, The Box. Straight from the Lower East Side and towing a reputation for providing some of the most naughty, ... More >>

Halloween: Horror DVDs turn your pad into a haunted house

​ There was plenty of imported NY snatch traipsing around Miami for Basel but perhaps the most famous receptacle of naughty body parts designed to give you pleasure was the aptly named, The Box. Straight from the Lower East Side and towing a reputation for providing some of the most naughty, ... More >>

Miami, Again, Among 20 Worst Economically Performing Metro Areas

No, this isn't a temperature chart. The 20 weakest metros are dotted in red. ​Florida dominates the list of 20 metropolitan areas still struggling to make an economic turnaround. Eight Florida areas make up the bottom rung of worst-performing cities in Brooking's latest MetroMonitor Report.&n ... More >>

Laugh Till It Stops Hurting

No, this isn't a temperature chart. The 20 weakest metros are dotted in red. ​Florida dominates the list of 20 metropolitan areas still struggling to make an economic turnaround. Eight Florida areas make up the bottom rung of worst-performing cities in Brooking's latest MetroMonitor Report.&n ... More >>

Tipster Tells Gawker Gen Art "Deserves to Die"

via GenArt.orgAccording to a Gawker tipster, the winner of this year's Gen Art Film Festival hasn't been paid yet.​If anyone has obviously been hurt by the recession its been Gen Art. When things got tough, sponsors became more scarce, and as non-profit Gen Art depends on them. This is perhaps why ... More >>

Crispin Porter: Is Boutique Advertising Dead?

​Crispin Porter Bogusky has long been an anchor of Miami business. Cool, Coconut Grove and booming. But now it's on the decline, and this smells bad for the South Florida economy. Indeed, as the recession cools off spending among high end consumers, the falling fortunes of this leader in boutiqu ... More >>

Report: Floridians Hit Hard by Recession; Lost $1.2 Trillion in Household Wealth

via Josie B's flickrIt's hard to illustrate these type stories, but this seems appropriately depressing. It's more of a mood pic. Well, your bank account may already know this, but a new Wachovia report says that Florida was hit the hardest by the recession. Here's your depressing factoids ... More >>

305 Photo of the Day: Depression Employment

The Acme Employment Office on Miami Beach. Today's photo comes to us via the Library of Congress and the year 1939, two years before the Great Depression ended. If you thought getting a job now was tough...

Before You Get Fired...

The Acme Employment Office on Miami Beach. Today's photo comes to us via the Library of Congress and the year 1939, two years before the Great Depression ended. If you thought getting a job now was tough...

Booze Hound: Jaguar Ceviche Spoon Bar and LatAm Grill

Elyse Wanshel Where the party happens. Typical Groveites (or Grovinians? Grovitines?) wears shorts and flip flops. They always seem to be walking a dog, clutching a plastic cup, and most likely drive a Mini Cooper. Their typical night's itinerary usually includes pigging out on fish tacos at ... More >>

No Cash in the Coffers

Miami's Mayoral frontrunners struggle to raise money in recession.

Yo Mama’s So Special

Miami's Mayoral frontrunners struggle to raise money in recession.

New York Times uses lovably quaint Miami car dealer to teach us a lesson about optimism

It's been about two years since our economy tanked, a year since anybody noticed it, and reporters and pundits have now officially began looking at the other side of Lake Recession. Alarm has been replaced by resignation and a bit of wizened optimism. You've probably read or heard a piece by now on ... More >>

Under the Sea and Free

It's been about two years since our economy tanked, a year since anybody noticed it, and reporters and pundits have now officially began looking at the other side of Lake Recession. Alarm has been replaced by resignation and a bit of wizened optimism. You've probably read or heard a piece by now on ... More >>

Nannies: The Latest Victims of the Recession

What was she to do, where was she to go? She was out on her fanny. Recession stories are getting pretty standard, and boring. One formula goes like this: find some nice industry and find out how the recession is hitting it. CNN just filed one, about nannies, focusing mainly on Miami. Amanda Mezyk is ... More >>

WMC 2009: La India to Make an Appearance the Shelborne This Afternoon

For the Latin music lovers out there, WMC hasn't forgotten about you. Our sources at the Shelborne say salsa princess La India is slated to make a cameo some time this afternoon, er, which is basically now. The hotel is hosting DJ Magazine's Recession Sessions so this ought to be interesting. We're ... More >>

Carnival Cruises Staying Afloat Fine During Recession

I imagine being stuck on a boat with a bunch of cruise ship people is bad enough, but recently returning to Miami I was stuck on a plane full of cruise ship people. Pure airline hell: horrendously behaved toddlers, people eating strange smelling food, and quite a few folks who maybe should have aske ... More >>

Irene Marie Models Sashays Off The Runway For Good

Irene Marie Models, one of the first modeling agencies to call South Beach home has shut its doors and may file for bankruptcy. While we'd like to blame that dismal reality show 8th & Ocean for ruining its credibility, The Herald has the official reason. Spoiler alert: it's the recession. We're ... More >>

This Is your Real Estate Brain. This Is Your Real Estate Brain After the Recession

via TLCHere's the basic rundown on financially ruined Miami mega-realtor Carlos Justos, from an ABC News Profile.This is Justo before the recession: $7 million waterfront home. Star of the Bravo series Million Dollar Agents. Clientele including big shots such as the Estefans. $20 million net worth. ... More >>

Florida Lawmakers Argue over Novelty Lighters Ban

via NY Dept of StateIn case you haven't noticed, we're in the middle of some serious stuff right now, politically speaking. Oh, you know, greatest economic downturn since the Great Depression, underfunded schools, a failing health-care system -- that kind of stuff. Which is why we're just so glad th ... More >>

Fish Out of (Frozen) Water

Renée Zellweger is the anti-Norma Rae in New in Town.

Turlington Still Turning Heads on Miami Beach

Supermodel Christy Turlington just celebrated her 40th birthday and is still booking gigs. She recently spent some time poolside in Miami Beach with famed lens man Mario Sorrenti, shooting the spring/summer ads for Swiss luxe leather maker Bally. Good to know the recession hasn't forced major sup ... More >>

We’re Dreaming of a Fly Christmas

And the sales are at Hip E. and Downtown Divas.

Can we build a wall to keep these damn Mexicans in?

Remember when America was so prosperous that we were debating ways of keeping our neighbors from breaking into our country to steal our crumbs? So much so that we were building a big fence- sort of like the Berlin Wall because that worked out so well for Germany?That was August- the good old days, w ... More >>

Something Old, Something Borrowed, Something You

Find your treasure at the Miami Vintage Clothing Show.

Last Night: The Wizard of Oz at the Arsht Center

Find your treasure at the Miami Vintage Clothing Show.

Latest Sign of the Apocalypse: $4 Beers at Zeke's

Find your treasure at the Miami Vintage Clothing Show.

Latest Sign of the Apocalypse: $4 beers at Zeke's

Find your treasure at the Miami Vintage Clothing Show.

We'd Kiss Birdman For a Milli Too

Find your treasure at the Miami Vintage Clothing Show.

Retail Therapy

Shop till you drop at Jungle Island, of all places.

As Unemployment Rises, Economists Say We May Be In A Recession

Shop till you drop at Jungle Island, of all places.

Get Monked Up

Monk and Rabbit in the Moon and attention-deficit-disorder music

The Art of Bankruptcy

Southeast Bank's vast art collection awaits the auction block

Out With the Old ...

Southeast Bank's vast art collection awaits the auction block

Program Notes

Southeast Bank's vast art collection awaits the auction block