Luxury is an experience not a price point
New York developers plan 75-key boutique hotel in Fort Lauderdale Beach
A New York City-based development team plans to build 42 Hotel, a 15-story, 75-key hotel in Fort Lauderdale Beach. The developers, who won site-plan approval for the boutique hotel development on Monday, expect to open 42 Hotel in 2027. The aim is to attract mostly leisure travelers, and charge them
Read MoreTrial for Alexanders’ alleged accomplice Ohad Fisherman starts next week
Real estate broker Ohad Fisherman’s trial is set to begin next week, after the judge overseeing the state’s sexual battery case against Fisherman and twin brothers Oren and Alon Alexander denied their motion to dismiss. Miami-Dade state prosecutors’ case against Fisherman hinges on the alleged rape
Read MoreAirlines face investors after strong— but cheaper — July 4 holiday
Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty.
Read MoreThese projects will bring more density to Miami’s Little Haiti and Little River
Miami’s Little Haiti and Little River are where generations of working class immigrants, predominantly from Haiti, have planted roots and seasoned the area with Caribbean flavor. A stretch on Northeast Second Avenue between 54th Street and 71st Street is like driving through Port-au-Prince. Storefr
Read MoreSummer slowdown: Broward weekly condo sales drop to $21M
Broward County’s condo sales and dollar volume dropped in the last week of June. Brokers closed 65 condo sales totaling $21.2 million from June 23 to June 29. That’s down from 120 condo sales totaling $35.2 million the previous week. Last week’s units sold for an average of $326,772, higher than th
Read MoreWitkoff sells waterfront North Bay Road lot for $24M, marking a ppsf record in Miami Beach
The Witkoff Group sold a waterfront North Bay Road lot for $24.3 million, marking a price per square foot record for land in Miami Beach. A subsidiary of the real estate firm founded by Steve Witkoff sold the 0.4-acre property at 4766 North Bay Road in an off-market deal. The buyer is the same enti
Read MoreSouth Florida shopping center spree continues with $18M Broward sale
Investors can’t get enough of South Florida shopping centers these days. The latest deal features SouthEast Properties selling a Davie retail plaza it developed more than a quarter of a century ago for $17.8 million. An affiliate of Deerfield Beach-based SouthEast, led by Jay Geiserman, sold Davie
Read MoreClear CEO Caryn Seidman Becker on future of identity verification technology in daily life
Clear has helped travelers move through airport security lines faster. Now it sees a future where it helps with ID verification at work and the rest of society.
Read MoreTech couple sells Venetian Islands mansion for record $46M
Tech moguls Tom and Patricia Kennedy sold their waterfront Venetian Islands mansion for $46 million, making it the most expensive home ever sold in the Miami Beach neighborhood. Records show the Kennedys’ 55 E San Marino Dr LLC, a Florida entity, sold the mansion at 55 East San Marino Drive to Hibis
Read MoreBrokerage wars: Serhant lands Palm Beach office, trophy listings
Just weeks after some blockbuster dealmaking in Palm Beach, Ryan Serhant is opening an office on the island. Serhant signed a lease for an office at 324 Royal Palm Way in Palm Beach, the firm’s Palm Beach agent Gary Pohrer confirmed. The move comes two years after Serhant expanded to Florida with o
Read More411 Pain mogul sells second lakefront Southwest Ranches mansion
The founder of 1-800-411-PAIN, a for-profit attorney referral hotline for victims of accidents, sold the second of two “twin” Southwest Ranches mansions for $15.5 million. Robert Lewin, the chiropractor who founded the now-defunct hotline, and his wife, Lisa Lewin, sold the 4.8-acre estate at 13001
Read MorePalm Beach County weekly condo sales plummet to $33M
Palm Beach County’s weekly condo sales nosedived following a mid-June spike in deals. Brokers closed 90 condo sales totaling $33 million from June 23 to June 29. That’s a sharp downturn from 155 closings totaling $239 million the previous week. Last week’s units sold for an average of $366,742, lo
Read MoreWhat’s in Trump’s ‘Big Beautiful Bill’ for seniors?
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance. The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction t
Read MoreWalker & Dunlop closes $240 million affordable housing fund
Walker & Dunlop has announced the closing of a $240 million Low-Income Housing Tax Credit (LIHTC) fund — the largest in the firm’s history — that’s aimed at supporting the development of affordable housing across 10 states.Fund 124 will finance 18 housing developments totaling 1,701 units in Califor
Read MoreHow many listings have been impacted by Zillow’s new policy?
Zillow’s listing standards policy may have only been in effect for one day, but Eric Johnson, a Boston-based Compass agent and team leader, said he has already seen an impact. “Our team has only received a warning so far, but I personally know several agents whose listings have already been banned,”
Read MoreMacklowe sells multifamily dev site near Dadeland Mall at discount to Related for $20M
Harry Macklowe sold a development site he planned for a 770-unit multifamily complex for $20 million, marking a 37 percent discount from its purchase price three years ago. The Pérez family’s Coconut Grove-based Related Group bought the 1.6-acre vacant site at 8609 Southwest 72nd Avenue in the Kend
Read MoreDOGE slashes nearly 217K sf of government leases across Florida
The DOGE slashathon has led to the cancellation of nearly 217,000 square feet of federal government leases in Florida, with slightly more than a third of terminations occurring in Miami-Dade and Broward counties. As a result, Florida ranks as the state with the seventh highest number of lease cance
Read MoreDoorify MLS joins Broker Public Portal as strategic investor
Broker Public Portal (BPP) — the industry-led home search initiative backed by real estate brokerages and MLSs — announced that Doorify MLS has joined as its newest strategic investor.Based in Cary, North Carolina, Doorify MLS serves nearly 15,000 real estate professionals across 16 counties in the
Read MoreeXp Realty introduces CRM of Choice program
eXp Realty has rolled out a new initiative that allows its agents to choose from multiple customer relationship management (CRM) systems, marking a shift in the company’s approach to technology offerings.The program, called CRM of Choice, offers agents the option to select one of three platforms — B
Read MoreBillionaire developer Steve Ross buying nearly half of Miami Open
Billionaire Steve Ross is buying a stake in the Miami Open, marking the real estate mogul’s continued investment in South Florida sports. The 85-year-old is nearing a deal for a 45 percent ownership of the tennis tournament, according to Front Office Sports, a publication focused on the business of
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