Miami Is Now One of Airbnb’s Top Five American Markets

Thousands of hotel rooms are scheduled to come on the market in the next few years in the already hotel-heavy Miami market, but hotels are no longer the only choice tourists have for lodging. Airbnb has shaken up the hotel market by allowing people to directly lease their homes out…

Miami’s Most Expensive Condo Back on Market for $73 Million

Last year hedge fund billionaire Kenneth Griffin set Miami real estate records when he purchased the penthouse at the  Faena House in Mid-beach for $60 million. It was the most expensive residential real estate transaction in Miami-Dade history, and the single most expensive home sale in America during 2015.  Well,…

Penthouse at Armani Casa Comes With Trip to Meet Armani Himself

If you want to live a lifestyle infused with that Armani touch, buy a unit in the underconstruction luxury towaer Residences by Armani/Casa in Sunny Isles Beach. But if you really, really love everything Armani and want a once in a lifetime Armani experiance, well, you’ll have to buy the Penthouse. …

The Most Exciting Miami Hotel Openings of 2016

Hotels, by definition, are for tourists. Yet Miami locals love our hotels. We love eating at their restaurants, sneaking into their pools, dancing at their clubs … sometimes waking up in their beds next to a Brazilian we met at their club. You know how it goes. There’s no short…

Florida Won’t Keep Your Name Secret if You Win the Powerball

You won’t win the Powerball prize. Your chance of winning that now $1.5 billion jackpot is something like 0.000000003 percent per ticket. That, of course, hasn’t stopped you from fantasizing about what you would do if you win.  You’d probably buy a garage full of Ferraris (even, though, you know it’s…

Miami Worldcenter Ditches Plans for Enclosed Mall

One of the most ambitious development projects slated for Miami has ditched its signature feature. The Miami Worldcenter Development has announced that it will no longer include an enclosed shopping mall. The news comes just months before the mall was scheduled to breakdown. Instead, the development will now include a…

Miami Has the Most Cost-Burdened Renters in America

The old golden rule is that you’re not supposed to spend more than a third of your income on rent, but for many Americas that’s just not possible anymore. In 1960 only 24 percent of Americans were paying more than that. By 2000 that number had reached 30 percent. As…

Lincoln Road CVS Building Just Sold for $30 Million

Apparently someone didn’t pick up their copy of The New Yorker this week, because despite growing concerns that sea level rise may some day in the not too distant future leave Miami Beach nearly uninhabitable, real estate on the island continue to be a hot commodity. In fact, the building…