Business

City leaders have called the vote “a gift to a powerful developer.”

Multiple Miami malls will go dark, but Dolphin Mall is the exception.

With sea levels and student debt on the rise and fears of another recession around the corner, millennials in Miami aren’t exactly optimists when it comes to the possibility of owning a home anytime soon.

Private parking lot operators in Miami are a lot like telemarketers and loan sharks: No matter how good of a job they do, it’s still hard to like them. In a city where urban sprawl and stripped-back public transportation have effectively forced car ownership upon millions of residents, paying an arm and a leg for a parking spot will always feel like a racket.

The circus is coming to town, but not everyone is celebrating. Sarasota-based Garden Bros. Circus, whose current North American tour has been met with protests and scathing news reports on several stops, must be hoping to encounter a warmer welcome in South Florida, where it will stage shows through next week.

To say GEO Group is in a slump is to put it mildly. The last time the prison company’s stock prices remained this low was in 2016, when the Obama administration announced it would phase out all federal contracts with privatized correctional facilities.

Despite attracting shady condo sales and sleazy politicians, the Miami metropolitan area is also fertile ground for startups. It’s so fertile, in fact, South Florida ranks among the top four places in the nation for new minority-owned businesses.

Frank Rodriguez’s house has always been close to the Coral Way commercial corridor, which is perfectly fine with him. But now he’s fighting a preschool development that’s trying to move into his residential neighborhood.

Another week, another study telling us what we already know about Miami’s housing affordability crisis: The rent is too damn high, and residents of the Magic City are more burdened by rental costs than those of any other U.S. city.

In 1980, more than half of young people residing in Miami were living alone and away from their parents by the age of 24. Housing was cheap, wages were rising with inflation, and the city had not yet become a 1-percenters’ playground.

When the history of Venezuela’s ongoing collapse is finally written, entire chapters will be dedicated to the crooks. Swindlers, scoundrels, and sinvergüenzas of all stripes — protected by a wall of state-sanctioned corruption that allowed them to siphon billions of dollars out of the country into private bank accounts around the world.

Stop if you’ve heard this one before: A once-affordable city likened to paradise undergoes a blistering development boom that forces longtime residents out of the neighborhoods they’ve called home for generations

The voice on the other end of the line sounded so thin, so frail, that at first Erika Williams didn’t recognize it as her son’s. It was only by the ten digits glowing on her iPhone — the number for the Flagler County jail — that she realized who was calling her February 4, 2019, a balmy Monday in North Florida.

The property at 420 Hibiscus Dr. — just off the MacArthur Causeway on the 0.1-percenter playground that is Hibiscus Island — was built in 1937. Compared to other Florida buildings, that might as well be the Stone Age: The structure is so old it’s been deemed “architecturally significant” by the Miami Beach government.

More than 4 million Venezuelans have been forced to flee their country, most in the past few years, due to the economic and political crisis created by strongman Nicolás Maduro and his predecessor, the late Hugo Chávez. The immense exodus, the largest in the modern history of the Western Hemisphere…

What do you call someone willing to face more than three hours of Miami gridlock five days a week? Crazy? A masochist? Well, take a look at how much these people earn, and you might just change your mind.

Many of the land developers gentrifying portions of central Miami are already fairly annoying. For example, Bob Zangrillo, one of the major investors in the controversial Magic City Innovation District in Little Haiti, is a Burning Man attendee who was indicted earlier this year for allegedly paying bribes to get his daughter into the University of Southern California.

Miami has long been a wildly unequal place. It’s a city where wages don’t come close to keeping up with local rent costs, a place where a staggering number of millennials still live with their parents, and a town where hospitality and tourism workers are often forced to trek miles on hours-long bus rides…

Every summer, people of the Jewish faith commemorate the day of Tisha B’Av by fasting and mourning. The date memorializes the destruction of the First and Second Temples in Jerusalem centuries ago. In modern times, Tisha B’Av has become an annual opportunity for activism or charitable acts — a time to practice tikkun olam, the Jewish teaching of “repairing the world.”

In exchange for a public park, Miami Beach amended its city code last week to allow real-estate developers to build a luxury condo and hotel where a parking lot currently resides on Ocean Terrace.