“A place of fantasy”: KAR, Fortune’s Faena Residences on Miami River kickstarts high season 

Clad in his signature all-white suit and matching fedora, Alan Faena stood on the crimson stage –– flanked by his development partners Edgardo Defortuna and Shahab Karmely –– and said their planned Faena Residences towers won’t merely offer condos.  “We are offering happiness,” Faena said at the Saturday night party for the official opening of the Faena Residences Miami Cultural Pavillion and Collaboratory, a sales center and cultural hub at 90 Southwest Third Street on the Miami River.  The center is adorned with mockups of Faena Residences and a room with a red velvet circular couch and red velvet curtains, […]This article originally appeared on The Real Deal. Click here to read the full story.