These days, Alex Rodriguez must spend more time in courtrooms and lawyer’s offices than he does on the field. The suspended slugger is now facing a civil lawsuit accusing him of screwing his former brother-in-law out of profits from real estate dealings in Miami’s Edgewater and Morningside neighborhoods. Back in…
The University of Miami is the original Nike school. Twenty-seven years ago, the university and the sporting brand signed a partnership that meant Nike would sponsor all of the school’s teams. That kind of arrangement is de facto now, but back in 1987, it was the first of its kind…
Update: Miami Beach mayor Philip Levine announced Atlantic Broadband will issue service credit. See bottom for more. New Year’s is a big day for cable and internet — you know, football games, holiday Facebook photos, Google searches on hangover cures. But thousands of Atlantic Broadband customers in Miami Beach were…
Hope your New Year’s Resolution isn’t to buy a new house, because residential property prices have surged higher here in Miami than in any other major market in the country according to the latest data from the S&P/Case-Shiller Home Price Indices. Between October 2013 and October 2014, average prices here…
It’s almost 2015, which means minimum wage workers are getting a raise. Thanks to a state amendment passed by voters in 2004 that ties the minimum wage to inflation, starting on January 1 the minimum wage in Florida will now be $8.05 an hour…
The family also bought up the Versace Mansion for $41.5 million.
Everyone knows that Miami’s condo boom is being fueled by South American buyers, but many of the American citizens snapping up properties here tend to be New Yorkers. Well, the New York Times, whose coverage of Miami tends to be notoriously tone deaf when read by actual Miamians, is here…
Rick Scott was ostensibly reelected this year based on Florida’s economic recovery, but a new report from the Center for American Progress reminds us that that “recovery” has left many in Florida behind. That state lags behind in many poverty indicators, and Scott’s own decision not to expand Medicaid in…
Alan Levan, the former chairman of Florida-based BankAtlantic Bancorp, has been found responsible by a federal jury for intentionally defrauding investors in 2007 right before the bottom fell out of Florida’s housing market. Levan will not face criminal charges, as the judgment came as the result of a civil suit…
A 935-foot skyscraper has been proposed for downtown Miami. It’s dubbed “The World Trade Center of the Americas” (which isn’t a sensitive and awkward choice of names at all), though there will more than trade going on there. The plan calls for a mixed bag of residential units, hotel rooms,…
Thanks mostly to tourists with fat wallets, the retail sector in Miami has reached an all-time high, and retailers are scrambling to get a piece of the action. Retail space vacancy rates have hit 3.8 percent, and the average rent in the third quarter of 2014 was $45.18 per square…
If you happen to have tens of millions of dollars and are on the look out for a new home that was once occupied by a celebrity, we have some good news and some bad news. The bad news first, just to get it out of the way: After a…
In this week’s Miami New Times, we profile 30 of the most interesting characters in town, with portraits of each from photographer Stian Roenning. See the entire Miami New Times People Issue here. The bright pink and green “For Sale” signs are everywhere in Wynwood, the Upper Eastside, Little Haiti,…
In this week’s Miami New Times, we profile 30 of the most interesting characters in town, with portraits of each from photographer Stian Roenning. See the entire Miami New Times People Issue here. Just a few yards from the buzz of Biscayne Boulevard, Avra Jain sits by the pool at…
Perhaps you’re worried about paying your rent, or you’re kind of angry the Subway value meal deal went from $5 to $6, or you’re busy looking up instructions on how to make thrifty DIY holiday gifts for your family right now. Well, boy, do we have some good news for…
Your Amazon packages could start arriving even sooner. The company has signed a lease to open a 335,841-square-foot warehouse and distribution center in Doral. That will bring about 500 news job to the area, and there’s even talk of Amazon opening an actual brick-and-mortar store in the area…
“Once known for its flair of a by-gone era, Mid-Beach on Miami Beach, now coined the ‘Wunder Mile,’ has been getting a major face-lift,” reads a press release. Our first thought was obviously, “Wait, since when has that area ever been known as the Wunder Mile?” A quick Google search…
A sprawling 23,000-square-foot modernist mansion has hit the market in the exclusive enclave of Golden Beach for an eye popping $36 million. The catch: the beachfront home doesn’t even exist yet. Developer Jacob Abramson doesn’t actual even plan to break ground on the eight-bedroom, 12-bathroom manse until the second quarter…
Parts of downtown Miami have become almost unrecognizable since 2000. Few urban cores have remade themselves in the new millennium the way downtown Miami has, yet the area continues to get criticism for being a place that still isn’t quite suited for living full-time. Well, the Downtown Development Agency has…
Pharrell Williams’ life is better than yours. His music career is back and better than ever. His style is fawned over. He’s a judge on one of the biggest shows on television at the moment. But not everything is going well for ol’ Pharrell. He can’t sell his Brickell penthouse…
SoHo Beach House: $460,000. Prime Italian restaurant: $280,000. Blockbuster video: $25,000. It reads like a bill for a raging Art Basel party. In fact, it’s just a few of the fees that local businesses owe the City of Miami Beach. Because of billing mistakes and lax enforcement, however, officials now…
If Bay Harbor Islands, the two-island, 5,000-person town on Biscayne Bay between North Miami and Bal Harbour, is known for anything, it’s MiMo architecture. But at a commission meeting earlier this week, the town moved closer to breaking away from the county’s historic building preservation rules, and some town residents…
