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Tag Archives: Miami

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 […]

Demand for South Florida property shrinks inventory and drives up prices

From rich to low-income,waterfront properties are bringing up sales prices in South Florida as inventory declines. Having distressed propertiesin particular, the rise in Miami-area sales prices accords with a severe decline in inventory, which dropped 24.7% since the same period a year ago. South Florida’s 37.8% share of the U.S. distressed property market is at […]

Hadid-designed Miami condo project gets name and marketing team

One Thousand Museum is the name of the new Zaha Hadid-designed Miami condominium project. Developed by Gregg Covin and Louis Birdman, the condo tower’s sales will privately be conducted by ONE Sotheby’s International Realty marketing team.   Situated at 1000 Biscayne Boulevard, the tower will be Pritzker Price-winning architect’s foremost residential high-rise building in the […]