The Washington Post today rounded up the top 50 hospitlas in America that charge patients the “highest markup of prices over their actual costs,” in effect gouging costumers. 20 of them are in Florida. Which isn’t exactly surprising. Consider the fact that 49 of those hospitals are for-profit center. 14…
Developers of luxury condo high-rises in Miami have had it pretty good for the past few years. Grab some famed starchitect, give your property some outrageously expensive and kind of silly amenities, slap a vague name on it like 2200 Ocean on it and then just sell a bunch of…
According to various rumors and reports, Pat Riley has a big plan to sign Kevin Durant when he hits free agency next sumer. Which would be great, considering Durant owned a condo that directly overlooked the Heat’s American Airlines Arena …or he did anyway. The Oklahoma City Thunder star just…
When developer Michael Simkins started snapping up properties in the Southeast Overtown, Park West neighborhood last year no one knew exactly what he had mind. Then plans leaked out to the public that he wanted to build a 633-foot giant LCD advertisement structure to outrage, but Simkins soon wanted the…
There are 8,000 new hotel rooms expected to be built over the next five years in Miami-Dade. That will add to a total hotel room inventory n the county that’s already well over 50,000 rooms, but apparently we’ll need them all. Turns out Miami hotels lead the nation in key…
American travel to Cuba has soared since President Obama’s announcement that he’s restoring diplomatic ties to the nation, with a 36 percent jump in visitors since January. Among those flocking to Havana? Billionaire Miami Dolphins owner Stephen Ross. The real estate developer confirmed yesterday that he visited the island, telling…
Enterprise Florida is a public-private partnership meant to attract business to Florida. Think of it this way, if Visit Florida, the state’s tourism board, is meant to lure people to Florida for vacation, Enterprise Florida is supposed to lure businesses here to set up shop permanently. Governor Rick Scott, ever…
After about a decade of spending part of his time at his North Bay Road mansion in Miami Beach, famed fashion designer Calvin Klein is ready for a change. The man whose name adorns at least some of your underwear is packing up and heading to Los Angeles instead. “Not…
There’s been few properties quite as indicative of Miami’s up-and-down real estate market as Biscayne Landings in North Miami. A former dump and Superfund site, the city of North Miami cleaned up the space located at 151st and Biscayne and has been trying to get someone to develop it since…
Miami-Dade County has a population of 2.6 million people, but there’s usually a lot more people here than that. In fact, 14.6 million visitors stayed in Miami in 2014, a new record according to the Greater Miami Convention & Visitors Bureau. And all those tourists bring money with them as…
Miami is a big contributor to America’s overall diversity, but the city itself isn’t quite as diverse as some may assume. A new Wallethub study found that out of America’s 230 largest cities, Miami is the 39th most diverse. We’re not as it turns out even the most diverse in…
Miami basically runs on foreign investment, so its not exactly a surprise we’ve made “The Cities of the Future” list complied by FDI Intelligence’s, a sub-publication of the Financial Times” FDI meaning Foreign Direct Investment, meaning when a foreign business has a controlling ownership stake in an enterprise in another…
It’s not a true hotspot neighborhood in Miami until it has a big-ass parking garage. Think about. Downtown: Tons of big ass parking garages. South Beach: So many big ass parking garages, some of them even designed by the foremost architects in the world. Downtown Coral Gables: Yep, even some…
Looking for a nice two bedroom apartment in the City of Miami. You better have about $2,450 a month to spend. That’s the median rent for a two bedroom in Miami, and is the 8th highest median rent in the nation amongst the country’s largest cities. Things aren’t much better…
Apparently Miamians really love their jobs. Quantum Workplace, a company that sells employee engagement software, has been keeping track of the employee engagement level of the country’s 75 biggest cities for the past few years, and Miami keeps making the top ten. In fact, the Miami-Dade market is only one of…
What to do about Cocowalk? That’s a problem its fifth owners in the past 18 years will have to figure out now. The Coconut Grove shopping mall sold yesterday for $87.5 million. The buyers are lead by Maryland-based Federal Realty Investment Trust, who have an 80 percent stake, and was bought…
Think of Best Western and you think, “Well, thats a hotel…” Best Western operates an approximate 4000 hotels across the globe. Their portfolio includes everything from roadside motels to four-star European resorts, but every single last one of them is called Best Western (or “BW”s in some markets). Nicer ones…
As Wynwood’s gentrification nears totality, it only seemed inevitable. The Miami Rescue Mission, a charity that serves the homeless and otherwise needy, has operated in Wynwood since the ’70s, long before its recent arts-turned-touristy makeover. Well, with property prices nearing a peak in the area, the charity has decided to put…
Despite months of silence and political stalemate, professional soccer is still coming to Miami, MLS’ commissioner reiterated this weekend — and there’s still a good chance the new team will play right next to Marlins Park. At an event late last week, Miami-Dade Commissioner Xavier Suarez once again showed off…
Few cities have a love affair with their area code as strong as Miami does with 305. It’s shouted out in various rap songs. Pitbull calls himself Mr. 305.” Tattoos baring the numbers are common, and Dade lifers love to say that they’re “305 til I die.” Of course, that’s…
When you’re rich the only information on your driver’s license that really matters is your address. Real estate says everything, and there’s no more exclusive street to have on that ID in the entire United States of America than Indian Creek Island Road right here in Miami-Dade. Zillow crunched the…
Apparently the U.S. Treasury Department doesn’t think that a lot of Miami business who say they’re “electronics exporters,” are just exporting electronics. The Department’s Financial Crime Enforcement Network believes that some of the businesses are being used to launder drug money, and has placed a dragnet on any electronics exporter in…
