Rankings-happy real estate site Movoto pulled out all the stops this week. It ranked nearly every ZIP code in the nation from best to worst. Of course, it’s a real estate site, so the criteria for “best” really means something more like “nicest to live in.” It also means the…
In Miami, construction cranes are multiplying like late-summer swarms of mosquitoes, and every week it seems a new luxury high-rise hits the marketplace. Only New York has more million-dollar listings than the Magic City. And residents without the wallets to drop a few mil on a condo with a Ferrari…
For years , a Miami city agency has sought to secure $60 million for a massive project in chronically impoverished Overtown. But now that the project is finally close to breaking ground, a local activist is claiming the Southeast Overtown/Park West Community Redevelopment Agency (CRA) illegally failed to hire any…
Update: The project has passed the city commission with a unanimous vote. Now, developers will turn to the local CRA to negotiate tax breaks for the convention center space. Life as a City of Miami commissioner must be confusing these days. After years of post-property-bust austerity and solemn promises to…
Just beyond Florida’s Ten Thousand Islands in Cape Romano sits a collection of odd white-domed structures in the middle of the water. They look like Miami’s Stiltsville meets some postapocalyptic sci-fi movie. The uninformed have spread a lot of rumors about what the domes could possibly have been: abandoned cult…
UPDATE: City commissioners postponed a decision on the club for another six months. Lowe said he is relieved, but only temporarily. “I don’t believe the war is over,” he said. The fate of Wynwood’s only nightclub could come down to a debate over Grandpa’s wrinkled nutsack. Let me explain. This…
Quick. Which neighborhood in Miami do you think gives the biggest percentage of its income to charity? The exclusive enclave of Fisher Island? The rich families of Coral Gables? The retirees in Miami Beach? Nope. Not even close. Miami’s most charitable ZIP code is 33056. That’s a neighborhood in none…
How high are prices is Miami real estate? Well, only overpriced, densely packed Manhattan has more listings on the market priced at $1 million or more. The city of Miami comes in second, while Miami Beach has the third most. Though, Miami Beach has far more listings in the $5…
It took more than six hours, a frantic round of last-minute backroom negotiations, and dozens of speeches from backers and lobbyists, but the massive Miami Worldcenter project passed one of its last remaining roadblocks at the city commission last night. The commission eventually voted 4-0 to approve key zoning agreements…
This thing definitely looks like it belongs in some superhero or dystopian sci-fi movie. We just can’t tell if it’s the secret headquarters of the good guys or bad guys. Fairholme Fund, an investment fund worth $17 billion and run by Bruce Berkowitz, is moving into Edgewater, further signaling the…
Wynwood is getting a new park, and it will look kind of like a greenhouse. The plan, for a well-manicured space with grass and trees covered by a thin, translucent structure, was the winner in an international competition sponsored by Tony Cho, CEO of Wynwood real estate firm Metro 1…
Stereotypes be damned, a new analysis has found that the Miami metro area has the second most engaged workforce in America, and no that doesn’t explain why everyone at your work place has a fiancé but you. The analysis from Quantum Workplace (a company that sells software meant to drive…
What’s your condo horror story? An air-conditioning unit that wasn’t fixed for weeks? A neighbor whose loud music kept you up all night? How about a general contractor who ultimately bilked the condo association out of hundreds of thousands of dollars while residents were left with flooded apartments and spotty…
As Miami’s real estate market has boomed to glittering new heights of luxury since 2010, the area’s median household income remains the second lowest of any major metro area while poverty has continued to increase. It’s embarrassing, if not depressing. See also: Miamians Can’t Afford to Buy Condos in Miami…
We imagine an entry from a history book 1,000 years in the future will read like this: “Though automobiles were present across the globe, few countries worshipped their cars quite like the United States. In the suburbs, Americans tended to build rooms for their cars in their homes as if…
Who is behind exMiami, a curious blog that details development around town? Well, no one seems to know, and, of course, any mystery in Miami must have some nefarious explanation. Right? Well, maybe, maybe not. Yesterday, blogger Al Crespo alleged, with little evidence, that PR maven Tadd Schwartz of Schwartz…
Oh, there are lots of fancy homes for sale in Miami on the water, but darling, darling, don’t you know that’s absolutely basic compared to a home with its own private cove? Fortunately, there’s just such a home with its own private cove for sale on the tip of Key…
David Beckham continues having possible soccer stadium sites waved in front of him only to see them snatched away. The latest idea: building a stadium on the old site of the Miami Herald building, though that plan certainly seems like a stretch. See also: Could David Beckham Be Taking His…
In 2012, Miami Heat point guard Mario Chalmers bought a condo from Drake for $2.4 million. Only two years later, he’s put it back on the market for $4 million. Yes, it is the condo from the “I’m on One” video…
Developer Jeff Berkowitz’s plan to build an enormous observation tower in downtown Miami passed at the polls Tuesday, but its effect on downtown remains to be seen. The few voters who showed up to cast ballots in the city yesterday approved the $400 million, 1,000-foot tower by a two-to-one margin…
Amid rampant strife from local businesses over ongoing changes to Wynwood parking, the city’s parking chief, Art Noriega, is set to defend the new regulations in a discussion with the changes’ most vocal critic, local tech entrepreneur Mario Cruz. The parking showdown will commence later this morning at the neighborhood’s…
Bye-bye, Burger King? One of Miami-Dade’s biggest and perhaps most well-known corporate citizens may be moving to Canada. According to the New York Times, Burger King confirmed yesterday that its pursuing a merger with Canadian coffee chain Tim Hortons that would see the fast-food chain moving its corporate headquarters from…
