Bunny seeks carrot: Playboy wants $800K from Miami Beach for HQ move
News broke last month that Playboy was trading Beverly Hills for the Magic City, but now the once-iconic brand is looking to sweeten the deal. Playboy Enterprises International, led by CEO Ben Kohn, wants $800,000 in incentives from the city of Miami Beach, and could pull out of its lease for the 20,000-square-foot penthouse floor at Robert Rivani’s Rivani office building at 1691 Washington Avenue if the city commission votes against the company’s request, the South Florida Business Journal reported. The outlet referenced the lease agreement with Rivani, which was recently filed along with Playboy’s quarterly earnings report. The incentive […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Home equity emerges as a generational growth strategy for originators

Zach Witkoff sells Ritz Miami Beach villa to Todd, Alexia Nepola

Lower Mortgage Rates and Rising Listings Arrive at a Crucial Point for Spring Buyers

Related Urban, Forest, Sonnenblick vie for Marina Village dev rights

Victoria’s Secret Model Jessica Stam Lists Her Stunning Hawaii Estate for $5 Million

Rise of the ‘Zombie HOA’: What Happens When Developers Fail To Hand Over Control to Residents

Kelly Tractor’s bid to develop headquarters outside UDB deferred

Condemned Boston Home That Was Ravaged by Fire Sells for Full Ask of $776K—Just 3 Days After It Was Listed

How two LOs helped champion proprietary reverse mortgage legislation in Tennessee

Pritzker’s honor: Illinois housing reform fight intensifies
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
