Latest Stories

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  Miami Beach Secretly Letting German Mogul Break Short-Term Rental Ban, Lawsuit Says

  August 10 at 11 a.m.

  In 2016, Miami Beach became one of the hardest places in America to book a short-term vacation rental. Thanks to laws enacted over the past two years, the city now levies fines as high as $100,000 on property owners with illegal rentals and has plans to target platforms such as Airbnb.

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  Downtown Miami Has Nearly Six-Year Backlog of New Luxury Condos Amid Housing Crisis

  August 10 at 8 a.m.

  Earlier this year, real-estate analyst Peter Zalewski warned that South Florida developers had so overbuilt luxury condos for the global 1 percent that it would take an estimated four years to sell them all. At the rate condos were selling in downtown Miami, he found, the 505 available units would have taken nearly 6.5 years...

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  Miami Beach Might Fine Airbnb and Other Platforms for Illegal Short-Term Rentals

  August 6 at 8:30 a.m.

  Miami Beach has established itself as one of the most anti-Airbnb cities in the country, banning short-term rentals across much of the island and issuing $20,000 fines for illegal listings. But so far, those fines have been aimed at property owners, not platforms like Airbnb. Last week, city commissioners moved to...

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  Miami Is America's Hardest City to Save Money as a Homeowner

  July 31 at 4:09 p.m.

  Miami's cost of living remains relatively similar to that of other major, rent-crunched cities, such as Seattle and Boston. But — as New Times repeats so often it has turned into our meditation mantra — the county's median household income level, which hovers around $43,000, is significantly lower than that of any other city of similar size and relative level of economic importance.

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  Miami Beach Opens Affordable-Housing Waitlist for First Time Since 2015

  June 28 at 8:30 a.m.

  Miami Beach's affordable-housing crisis is nothing new, and its elected officials know that. Seven years ago, the city adopted an ambitious plan to create at least 16,000 new affordable units by 2020. But last summer, commissioners admitted there was no way the city could hit that goal and voted to extend the deadline and reduce the goal to only 6,800 affordable units.

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  West Grove Residents Worry New Bed and Breakfast Will Gentrify Historic Neighborhood

  June 15 at 10 a.m.

  At the end of Charles Avenue in the West Grove sits a freshly painted two-story house with white wooden siding and lemon-yellow trim. On a chain-link fence out front, a graffiti-covered cloth banner proclaims, “Historic ‘Stirrup House’ Bed and Breakfast: Coming soon.”