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Category: Business

Telecom CEO’s Brickell penthouse asking M tops signed resi contracts
Business

Telecom CEO’s Brickell penthouse asking $37M tops signed resi contracts

October 21, 2024October 21, 2024

A Brickell penthouse asking $36.9 million went under contract last week in a deal that will likely set a record for condo sales in the

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Lease roundup: Korean restaurant Bonchon on tap at Moxy South Beach, Carmela Coffee opens in West Palm
Business

Lease roundup: Korean restaurant Bonchon on tap at Moxy South Beach, Carmela Coffee opens in West Palm

October 21, 2024October 21, 2024

Bonchon | Miami Beach Korean fried chicken restaurant Bonchon will open at the Moxy Miami South Beach hotel.  Bonchon leased 2,900 square feet at 915

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Movers & Shakers: OneWorld Properties taps SVPs
Business

Movers & Shakers: OneWorld Properties taps SVPs

October 21, 2024October 21, 2024

Real estate firms are beefing up their leadership in South Florida in the latest roundup of industry hiring and personnel news.  In Miami, Peggy Olin’s

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The Weekly Dirt: South Florida’s condo market keeps weakening
Business

The Weekly Dirt: South Florida’s condo market keeps weakening

October 20, 2024October 20, 2024

Condo sales have dropped. Inventory is up.  While single-family homes have cemented themselves as prized possessions, demand for condos has weakened across most of South

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West Palm Beach board approves BH, Related’s Ritz-Carlton Residences project
Business

West Palm Beach board approves BH, Related’s Ritz-Carlton Residences project

October 18, 2024October 18, 2024

BH Group and Related Group, two of the most prolific development partners in South Florida, can move forward with the first branded luxury condo project

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FPL drops M for 350 acres in south Miami-Dade. Could a solar farm be in store? 
Business

FPL drops $60M for 350 acres in south Miami-Dade. Could a solar farm be in store? 

October 18, 2024October 18, 2024

Florida Power & Light bought nearly 350 acres of land in south Miami-Dade County near a solar panel facility owned by the energy company.  Juno

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Palm Beach County to vote on Vanderbilt campus
Business

Palm Beach County to vote on Vanderbilt campus

October 18, 2024October 18, 2024

Palm Beach County is slated to vote on Vanderbilt University’s proposal for a $520 million graduate school campus. The Board of County Commissioners will consider

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French Montana buyer of oceanfront Golden Beach home
Business

French Montana buyer of oceanfront Golden Beach home

October 18, 2024October 18, 2024

French Montana is the buyer of an oceanfront Golden Beach home that recently sold for $22 million, The Real Deal has learned.  The Moroccan-American rapper,

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La Cascade and Tiffany House tie for priciest Broward weekly condo sale 
Business

La Cascade and Tiffany House tie for priciest Broward weekly condo sale 

October 18, 2024October 18, 2024

Broward County’s condo sales, dollar volume, and price per square foot fell last week. Two closings tied for the top spot. Brokers closed 70 condo

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Race to the top: Developer proposes 1,000-foot-plus mixed-use Brickell supertall
Business

Race to the top: Developer proposes 1,000-foot-plus mixed-use Brickell supertall

October 17, 2024October 17, 2024

Walter Defortuna, brother of Miami developer and broker Edgardo Defortuna, is proposing a 1,010-foot tall mixed-use tower in Brickell. The plan is the latest in

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