All About Condo Living in the Magic City — Edited by Heinz Dinter, PhD |
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■ 2007-04-10 — Holiday Isle plans take an extended vacation A weak real estate market may prove a boon to rum rummers in Islamorada. The owners of Holiday Isle announced Monday they were scrapping plans to finance a new luxury resort there with condominium sales and will seek a traditional commercial loan to build the project instead. ■ 2007-03-27 — Worst 25 U.S. housing market forecast hits 13 states The worst 25 U.S. housing markets in 2007 in the Housing Predictor forecast represent markets in thirteen states, which shows housing prices in much of the nation are still declining, despite many local markets appreciating. ■ 2007-03-22 — Nervous condo buyers want out In January, the developers of condo project 2 Midtown announced they would build 455 units instead of 459. ■ 2007-03-13 — South Beach Royal Palm misses mortgage payment South Beach’s Royal Palm hotel missed the weekend deadline for paying off its $109 million mortgage. ■ 2007-02-27 — Housing sales down, prices mixed for January The South Florida housing market started the new year as it finished the old: moving slowly. ■ 2007-02-18 — Home sweet home? More buyers than ever choose to live in condos — but the year ahead for the market is uncertain. ■ 2006-12-24 — What are condo hotels? The latest trend in vacation homes is the condo hotel. ■ 2006-12-17 — Boom over Miami It is “boom over Miami.” We arrive in the early part of November eager to hear Cuban music and instead discover a condo craze. ■ 2006-12-16 — Miami should be a source of pride for all Floridians In response to a reader’s comments in the letter on Colorado Congressman Thomas Tancredo’s views about Miami: I have my own view of the city. ■ 2006-12-07 — No vacancy Think the real estate boom is over? Not for would-be galleries in Wynwood. ■ 2006-12-06 — Condos may rise behind Mercy Hospital Mercy Hospital wants to improve its appearance and clinical programs by selling part of its land to high-rise condo developers. ■ 2006-12-05 — New Miami Beach luxury condo invites its buyers to participate in its design Units at Oview at Collins are flexible and changeable. ■ 2006-12-04 — Condo-hotel developers brace for lawsuit frenzy With condominium sales dropping, the real estate industry is bracing for condo-hotel buyers to run for an obscure escape hatch. ■ 2006-11-28 — This anthology prowls through South Beach and across Alligator Alley The truth is that Miami, though naturally lovely, is a frontier town, perched on the border between the known and the rarely before experienced. ■ 2006-11-26 — Art? In this Miami neighborhood? Call it the anti-South Beach. As Miami whirls into action for the fifth annual Art Basel Miami Beach next month — the cocktail-fueled offshoot of the venerable art fair in Switzerland — the Wynwood district across Biscayne Bay is heading into the studio. ■ 2006-11-25 — Picture me in Miami Long famed for sun, sea and OAPs, Miami is gaining a name as a vibrant centre for contemporary art. ■ 2006-11-22 — Solé on the Ocean is nearing completion The construction of the 23-story building is now in its final stage. Solé on the Ocean is poised to kick off its highly anticipated re-sale program with the closing date set for April 2007. ■ 2006-11-21 — Breeze on the River: Boutique condominium offers spectacular views South Florida continues to show its force in the real estate market as developers continue to see the area and particularly Miami as a sound venue for present and future real estate investment. ■ 2006-11-15 — Paramount Beach is designed for ultra-luxury living Residences at Paramount Beach — one of the most anticipated ultra-luxury projects on Sunny Isles Beach, the second Paramount in South Florida —are now offered for sale. ■ 2006-11-12 — Most of us will survive housing downturn What the housing slowdown means to you, if you’re selling your home, is pretty clear. ■ 2006-11-12 — Going once, going twice: Sold! Condos are hot now At least as far as the auction market is concerned, though sellers still face risks. ■ 2006-11-10 — 63-floor condo-hotel project approved at causeway’s foot Miami city commissioners approved plans for a high-rise condominium and hotel at the foot of the Venetian Causeway, ending months of sometimes heated debate over putting a 63-story tower on the small bayfront property.
■ 2006-10-11 — Owning real estate is tops on list for boomers Four out of five baby boomers own homes and their home equity represents a significant percentage of their net worth. ■ 2006-10-11 — Magic Johnson invests in Little Havana Former NBA great Earvin ‘Magic’ Johnson is coming to Little Havana. The reason — to back a condo project aimed at middle-income buyers. ■ 2006-09-19 — Shaquille O’Neal forms real estate investment company Basketball star Shaquille O’Neal started a real estate company to invest in projects including a $1 billion residential, hotel and retail complex in Miami, where he plays for the Heat. ■ 2006-09-17 — Reaching for the stars Celebrity architects — ‘starchitects’ — are increasingly interested in working in Miami, knowing their buildings will likely be noticed by the world. ■ 2006-08-24 — Considering buying a condominium? Be warned: owning a condominium is quite different from owning a single-family home and comes with its own particularities. ■ 2006-08-22 — Miami-Dade in top five for adding new construction New Census figures show Miami-Dade County was fifth in the nation for the number of new housing units added in a 12-month period.
■ 2006-07-28 — Normal market produces buyer opportunity Buyers scurry, afraid of buying at the height of the market. So why aren’t builders running scared? Because the underlying principles of a good market remain sound in the midst of the market fears. ■ 2006-07-28 — The Carnival Center for the Performing Arts forms alliance with real estate marketing experts Quorum Network The Carnival Center for the Performing Arts has formed an alliance with Quorum Network, a Miami-based full-service international real estate consulting firm. ■ 2006-07-26 — Web-based marketing integral to real estate industry These days, anyone in the market for a new home or a beachfront condo can get a better idea of what’s available by browsing the Internet instead of the Sunday paper.. ■ 2006-07-25 — Same vice — but quite a different Miami Miami Vice the movie shows a city that’s grown up and gotten more sophisticated since the 1980s TV show.
■ 2006-07-25 — Where can a condo buyer find answers? — A book review Don’t buy or sell a condominium, co-op or townhouse without first reading Ken Roth’s revealing new book, Everything You Need to Know Before Buying a Co-op, Condo, or Townhouse. ■ 2006-07-23 — A home away from home for London’s Soho set He already runs Britain’s most successful and trendy media club; now Nick Jones, proprietor of Soho House, is dipping his toe into real estate for the first time. ■ 2006-07-22 — Miami’s new vices On a typical Saturday night at Mansion, three things are front and centre: cash, flesh and the restorative effects of a disco nap. ■ 2006-07-19 — Performing arts center gets millions — and a new name The new Miami performing arts center got a multi-million dollar name change today, courtesy of two separate gifts from Carnival Corporation and the John S. and James L. Knight Foundation. ■ 2006-07-17 — The office building wave: Some developers look to the office market to keep the building boom going Edgardo Defortuna has made millions selling and building condominiums across South Florida. With slick marketing campaigns and lavish parties, he’s pitched condo living for years as the epitome of luxury and style. ■ 2006-07-14 — Indoors and out, Park Towers at Colonnade scores an ‘A’ in amenities Home buyers who are impressed with the centralized downtown Kendall location of Park Towers at Colonnade will have a pleasant surprise awaiting them on premise. ■ 2006-07-07 — CIMA by Neo: An unparalleled lifestyle on the Miami River Lissette Calderon's and NEO’s missions to revitalize the Miami River are now a reality. ■ 2006-07-03 — $1B in sales marks iconic moment at ICON Brickell Developer Related Group announced it passed the $1 billion sales mark at ICON Brickell, a three-tower condo and hotel project in Miami. ■ 2006-06-30 — Terrazas Coconut Grove: a popular choice for working class professionals While South Florida is recognized for its ultra luxurious lifestyles, there are many people, specifically working class professionals, who are looking for a quality residential product at an affordable price. ■ 2006-06-30 — Residences at Riverwalk & Marina: elegant, spacious With one of the best locations for both city and water views from all its units the Residences at Riverwalk enjoy a unique advantage over all other residential developments. ■ 2006-06-22 — Points to ponder: Are you properly covered? Look at your personal homeowners’ condominium policy. ■ 2006-06-20 — Developer brings big plans, colorful past A developer from Indiana is bringing fresh ideas, lots of money, and a quirky résumé to a landmark project abutting the new Miami Performing Arts Center. ■ 2006-06-18 — Demand for condo hotels growing fast — luxurious vacation homes entice buyers Condo hotels, the latest craze in real estate investments, offer an innovative and hassle-free way to invest in a luxurious vacation home. ■ 2006-06-14 — Housing market in transition National Association of Realtors chief economist David Lereah came to South Florida on Tuesday to discuss the future of housing in the region. ■ 2006-06-14 — Rainbow Room operator enters condo-hotel market The Cipriani family, best known for Harry’s Bar in Italy, will jump into Miami Beach’s hotel business and lend their name to a fancy new resort at the old Saxony site. ■ 2006-06-05 — View the boom on the Web Developer Jorge Perez can now raise his index finger and say, “We’re number one.” ■ 2006-06-05 — Related Group named top dog by two magazines Developer Jorge Perez can now raise his index finger and say, “We’re number one.” ■ 2006-06-05 — The Peebles Corp. moves up in ranking The Peebles Corp. moved up eight notches in this year’s Black Enterprise ranking of the country’s largest black-owned firms. ■ 2006-05-25 — Mary Brickell Village — a progress report The first two businesses have opened in the Mary Brickell Village complex, but shoppers will have to wait at least three months for the marketplace to boom. ■ 2006-05-22 — Builder of a new lifestyle I had just finished reading the profiles of three Miamians honored as visionaries in the holiday issue of Lincoln Road Magazine when my email inbox beeped. ■ 2006-05-19 — An excellent location with prices from the mid $200,000s 1800 Biscayne Plaza has a strategic location at Biscayne Boulevard and NE 18th Street. ■ 2006-05-19 — Condominium boasts East Brickell location “Villa Magna is on the last bayfront site in Miami’s world-famous East Brickell Avenue, so we wanted to make it the best,” says developer Tibor Hollo. ■ 2006-05-19 — Downtown Miami in midst of a building explosion People driving into downtown Miami these days need to allow extra time for losing their way. ■ 2006-05-16 — Mary Brickell Village comes to life After years of delays, a shopping center in the heart of downtown Miami begins to take form. ■ 2006-05-13 — Spas bidding for piece of market Projects include upscale condos, villas. “We’re selling a lifestyle,” a spa manager says. ■ 2006-05-08 — Miami’s Royal Palm to convert to condo hotel The Royal Palm Resort, an Art Deco landmark hotel on South Beach, is going condo-hotel. ■ 2006-05-05 — How smart is ‘flipping’ real estate? “Flipping” in real estate lingo means buying and quickly reselling properties for big profits. ■ 2006-04-30 — Nightlife's returning Spurred by the opening of the Miami Performing Arts Center (MPAC) and the surrounding condo boom, nightclubs and restaurants are springing up in the gritty areas around it. ■ 2006-04-01 — Condo frenzy feeds culinary boom Downtown Miami is about to become a dining destination as the condo boom lures restaurants to the city’s core. ■ 2006-03-25 — Club to drum new life into downtown A new live music nightclub hit downtown Miami, challenging the area’s history of failed music clubs and contributing to the city’s vision for the area. ■ 2006-03-22 — Gansevoort lifestyle comes to South Beach Few icons attract so much attention in the hotel world as Gansevoort. ■ 2006-03-17 — Courvoisier Courts: Buyers can move in immediately Ten, nine, eight, seven, six — only a few gorgeous units, including some amazing penthouse homes, are available at Courvoisier Courts on Brickell Key, says a spokesperson for the developer. ■ 2006-03-15 — Young developer bets millions on South Florida’s real estate boom A developer is paying a bold $46.5 million for the two-acre parking lot just west of Miami’s Bank of America Tower at International Place. But perhaps even more surprising: He’s never constructed a building before. ■ 2006-03-14 — Unprecedented demand greets opening of LDI’s 360º community in North Bay Village The luxurious waterfront 360º community in North Bay Village held its grand opening after an unprecedented preview week that drew more than 1,000 visitors to view striking designs for the first waterfront condominiums of Lennar Developers, Inc. ■ 2004-12-13 — The Heart of the Arts real estate boom A real estate boom is transforming the area billed as The Heart of the Arts in America’s most cosmopolitan city. ■ 2004-01-28 — As the euro rises, so do investments in Florida real estate How high will the euro rise? There’s talk by analysts about €1 soon buying $1.40. Just a week ago, it momentarily tapped $1.30.
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