Living in a condo, Florida Rep. Vicki Lopez says, is “super expensive.”  Long viewed as a more affordable option to single-family homeownership, condo living in the state has become unsustainable for many. At law firm Bilzin Sumberg’s development conference last week, Lopez talked about the harsh re

Trump blasted Walmart after the retailer warned it would raise prices due to tariffs.

Terra proposes a 724-unit Live Local Act project on land at South Dade Government Center that it leased from the county through a no-bid deal.  The Coconut Grove-based firm wants to build a two-phase project on a 12-acre site at 10710, 10750 and 10800 Southwest 211th Street in Cutler Bay, according

Coastal Homes, the luxury custom home builder arm of Coastal Construction, sold a waterfront site on Fisher Island for $42.5 million.  Property records show Coastal Homes of South Florida sold the 1.1-acre property at 6901 Valencia Drive to Villa One Fisher, a Wyoming LLC. The true buyer is hidden. 

Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

After nabbing a $38.8 million construction loan, Codina Partners is gearing up to build the last retail piece at Downtown Doral. Miami-based Ocean Bank provided the financing to an affiliate of Coral Gables-based Codina that is developing 25,000 square feet of retail and 932 parking spaces on Northw

AI agents, from Google to OpenAI to Expedia, are set to upend travel planning at a level that hasn't occurred since the rose of mobile internet.

Developers interested in buying Rivieria Beach public land near the waterfront will have another month to make an offer. Riviera Beach council members, sitting as the board of directors of the city’s Community Redevelopment Agency, extended the deadline for offers to acquire and redevelop 2.2 acres

Florida lawmakers amended a state law that governs the delicate balance of power between unit owners and investors at condo-hotel complexes.  The change, made during the ongoing legislative session, marks the second consecutive year that legislators try to tackle the controversy that’s shrouding man

Sidney Ferenc, the co-founder of Applied Underwriters, sold his oceanfront Highland Beach mansion for $27.1 million. Records show Ferenc sold the home at 2363 South Ocean Boulevard to the 23 Ocean Family Trust, with attorney M. Rahat Faderani signing on behalf of the buyer. The true buyer is unknown

The family of the late financier George Summers sold his Palm Beach house for $17.5 million, after it hit the market asking $24 million in August. Records show Summers’ widow and children sold the house at 215 El Bravo Way to a trust named for the address and managed by local attorney Maura Ziska. T

An unforeseen construction defect will significantly delay the planned Bulgari hotel project in Miami Beach. On Tuesday, the Miami Beach Historic Preservation Board approved modifications to the planned redevelopment of the Seagull Hotel at 100 21st Street that entails tearing down most of the histo

A developer proposes a 192-unit apartment project with workforce rentals in Naranja.  Entities tied to Coinco Investment filed an application to develop three four-story buildings on the southeast corner of U.S. 1 and Southwest 232nd Street in unincorporated Miami-Dade County, according to a filing

A jury awarded more than $800,000 to yacht broker Scott Goldsworthy in a commission dispute involving developer Miki Naftali.  Goldsworthy sued Naftali and Italian megayacht builder Baglietto in 2019, seeking a $725,000 commission on the sale of a custom luxury yacht. A jury in Broward County awarde

Broward County’s condo sales and dollar volume dropped last week, with the average sale price falling as well. Brokers closed 115 condo sales totaling $37.5 million from May 4 to May 11. The previous week, brokers closed 188 condo sales totaling $73.7 million.  Last week’s units sold for an average

Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture the fast growing travel market in Asia.

It took a layoff to make Shao Chun Chen realize he was financially independent in early 2024, giving him the flexibility to change his life.

That’s a wrap: After three months on the market, an oceanfront Palm Beach estate sold for $48.5 million to the inventor of the frozen burrito. Records show Duane and Kelly Roberts bought the mansion at 1519 North Ocean Way from Edward Mulé. Dana Koch and Allison Wren with the Corcoran Group had the

Canadian baby products mogul Maurice Pinsonnault sold an oceanfront estate in North Palm Beach’s gated Lost Tree Village for $55 million, marking the most expensive home ever sold in the enclave.  Records show Pinsonnault sold the mansion at 12032 East End to Fontaine Road LLC, a Delaware entity. Th

Edens picked up a Davie shopping center with a recent big box vacancy. An affiliate of Columbia, South Carolina-based Edens, led by CEO Jodie McLean, paid $51.2 million for Weston Road Shopping Center at 4410-4484 Weston Road, records and real estate database Vizzda show. This month, the shopping ce