A penthouse at the oceanfront condominium building of the One Thousand Ocean in Boca Raton has been sold for $7 million. The buyer of the 4,628 square foot penthouse which is known as the sky is undisclosed. The unit has a 3-car garage, private poolside cabana, private elevator, and 2 terraces which is a total […]
Category Archives: Hotel
Christian Slater picks up $2.2M Coconut Grove villa
Christian Slater bought a 3-bedroom home at 3618 St. Gaudens Road for $2.2 million. This is located in Miami’s Coconut Groove neighbourhood. This house was on sale in January. The original price was $2.59 million listed under Antonio Rios of Shelton and Stewart Realtors. Christian Slater is known in the black comedy “Heathers”. His representative […]
Los Angeles hotels flock to South Beach
Los Angeles hotels are expanding in South beach after the SLS Hotel South Beach has been successfully opened last year.. This fall, the Redbury Hotel South Beach will be opening. Behind tis project is the Levy Restaurants founder, Larry Levy. This hotel will not be located near the ocean, but this 69room property will have […]
Related’s condo chief Carlos Rosso says last construction cycle still dwarfs current boom
Although tens of thousands of condominiums and rental properties are in the pipeline, the Miami area is still experiencing inventory shortgages, Carlos Rosso, the head of condo development at the Related Group, said on WLRN’s Sunshine Economy. Miami is still having inventory shortages despite the condominiums and rental properties ongoing. This is according to […]
Former Goldman Sachs banker’s bet on housing
Robert Mullen has raised almost $1 billion to buy distressed single-family houses across the U.S. to rent. He intends to join other financial giants in taking advantage of a 29% dip in home prices since the 2006 peak and more demand for rentals for Americans who are not yet able to buy homes. Fundamental REO, […]
Edition condo sells for $6M
The Edition, a 26-unit John Pawson-designed combination condo-hotel, is scheduled to open in 2014. The project highlights 26 condo units ranging from one-to-four bedrooms, on the top two floors of a 250-room hotel. $6 million was the prize of a 2,000-square-foot two-bedroom condominium in The Edition. The Edition launched sales in January. Last month, Coldwell […]
$650M renovation of Fort Lauderdale airport planned
Fort Lauderdale-Hollywood International Airport will get a new look with $650 million in renovations. This will include higher ceilings in current terminals, entirely rebuild the international terminal and make a framework for the Florida East Coast Railway to access the airport in the future. They also hope to boost tourism due to this project for […]
Following Doral Resort & Spa acquisition, Ivanka remakes Trump Organization image
Ivanka Trumpis maximizing her part at her father’s company, the Trump Organization, adding a more feminine taste to the company’s image. She has started working to convert the manly Trump brand, lending her own design aesthetic to the company’s growing collection of hotels and golf resorts after the $150 million bargain attainment of the Miami’s […]
One Thousand Ocean closes $8.7M penthouse deal
An international buyer known as “the Beach” had purchased one of One Thousand Ocean penthouses for $8.7 million or almost $1,540 per sq. ft. This is indeed the highest per square-foot rate in the building. The penthouse features a private elevator lobby, separate glass-enclosed bonus room, floor-to-ceiling windows, private three-car garage, and a private pool-deck […]
Renovation work to begin on Langford Hotel project in downtown Miami
The renovation of Miami National Bank Building also known as Langford building located at downtown Miami into the Langford hotel will start with $6 million initially according to to Stambul USA which is the one reconstructing the building. The 130-room hotel will be located at 121 SE streets. They believe this will help with the improvement of […]