What’s your condo horror story? An air-conditioning unit that wasn’t fixed for weeks? A neighbor whose loud music kept you up all night? How about a general contractor who ultimately bilked the condo association out of hundreds of thousands of dollars while residents were left with flooded apartments and spotty…
As Miami’s real estate market has boomed to glittering new heights of luxury since 2010, the area’s median household income remains the second lowest of any major metro area while poverty has continued to increase. It’s embarrassing, if not depressing. See also: Miamians Can’t Afford to Buy Condos in Miami…
We imagine an entry from a history book 1,000 years in the future will read like this: “Though automobiles were present across the globe, few countries worshipped their cars quite like the United States. In the suburbs, Americans tended to build rooms for their cars in their homes as if…
Who is behind exMiami, a curious blog that details development around town? Well, no one seems to know, and, of course, any mystery in Miami must have some nefarious explanation. Right? Well, maybe, maybe not. Yesterday, blogger Al Crespo alleged, with little evidence, that PR maven Tadd Schwartz of Schwartz…
Oh, there are lots of fancy homes for sale in Miami on the water, but darling, darling, don’t you know that’s absolutely basic compared to a home with its own private cove? Fortunately, there’s just such a home with its own private cove for sale on the tip of Key…
David Beckham continues having possible soccer stadium sites waved in front of him only to see them snatched away. The latest idea: building a stadium on the old site of the Miami Herald building, though that plan certainly seems like a stretch. See also: Could David Beckham Be Taking His…
In 2012, Miami Heat point guard Mario Chalmers bought a condo from Drake for $2.4 million. Only two years later, he’s put it back on the market for $4 million. Yes, it is the condo from the “I’m on One” video…
Developer Jeff Berkowitz’s plan to build an enormous observation tower in downtown Miami passed at the polls Tuesday, but its effect on downtown remains to be seen. The few voters who showed up to cast ballots in the city yesterday approved the $400 million, 1,000-foot tower by a two-to-one margin…
Amid rampant strife from local businesses over ongoing changes to Wynwood parking, the city’s parking chief, Art Noriega, is set to defend the new regulations in a discussion with the changes’ most vocal critic, local tech entrepreneur Mario Cruz. The parking showdown will commence later this morning at the neighborhood’s…
Bye-bye, Burger King? One of Miami-Dade’s biggest and perhaps most well-known corporate citizens may be moving to Canada. According to the New York Times, Burger King confirmed yesterday that its pursuing a merger with Canadian coffee chain Tim Hortons that would see the fast-food chain moving its corporate headquarters from…
When developers Russell Galbut and Jorge Perez revealed their quickly nixed plans to build the largest condo tower on South Beach at 500 Alton earlier this year, they talked about it as their “legacy.” That’s nothing new. For years South Florida developers have been pretending their business deals are something…
From high above Biscayne Boulevard, Frank Steslow peers down into what looks like the world’s largest punch bowl. Grown men crawl like insects inside the massive martini-glass-shaped structure. Rebar pokes out at odd angles. Construction cranes swirl. Concrete settles into place. Steslow is showing off his baby: the brand-new, half-built…
There’s lots of let’s say interesting interior decorating choices in Miami Beach, but it’s not every day we come across a home that features an honest-to-God stripper pole jutting out of its coffee table. Today is that day thanks to Curbed, which highlights this $4.88 million condo in the Continuum…
When news broke last month that the University of Miami had sold an 88-acre plot of endangered pine rockland forest to a Palm Beach developer that planned to build a Walmart, environmentalists and activists were outraged. The rare forest is the only habitat of several species, most famously the Bartram’s…
Sometime this morning, the Miami Beach Historical Preservation Board will decide whether or not to grant a rehearing on the controversial plan to turn the Miami Beach Community Church courtyard into a clothing store. Church leaders claim the plan will save the struggling parish. Preservationists and some church members, meanwhile,…
When local developers Alex Mantecon and Guillermo Vadell bought the property at 123 SW North River Dr., they realized they had something of a logistical problem: The property had a prime location along the Miami River, but it was also sandwiched between massive, looming freeway bridges. “We kind of analyzed…
It was 95 and humid today. It was 95 and humid yesterday. It will be 95 and humid tomorrow. So who’s ready to go ice skating? While eating gourmet food at a fancy hotel with exclusive access to the beach? Soon, you can actually do this! A new South Beach…
Leslye Jacobs is a longtime environmental advocate and a once-proud University of Miami Hurricane. But two weeks ago, when she learned that the university had sold a swath of endangered pine rockland forest to a Palm Beach Gardens-based developer that planned to build a Walmart, Jacobs, the director of an…
Yesterday came confirmation of the long-simmering rumor that Finnegan’s River will be shutting down to make room for yet more condo development. Today comes images of what the planned development, Miami Riverwalk, will look like. According to exMiami, Riverwalk will consist of four individual 750-foot high tower, with about 1,772…
When Chris Bosh said he and his family are totally happy living in Miami, apparently he really meant it. Bosh’s back-up pad, a home he bought in LA’s Pacific Palisades back in 2012 for $9.45 million, is back on the market for a hefty $14.5 million. Bosh, who has one…
It’s not exactly a secret that Miami’s latest unhinged condo boom is being fueled by foreign money, but the exact number of new residential units being bought in downtown by those from abroad is eye-popping. According to a not-yet-released report from consulting firm Integra Realty Resources for the Miami Downtown…
Unemployment in Miami-Dade is down 2.9 percent from a year ago, according to the latest number from the Florida Department of Economic Activity, indicating that economic recovery in the county continues. The unemployment rate in the county now sits at 7.3 percent (not seasonally adjusted), and the county added 29,600…
