Miami’s great economic savior: wealthy Brazilians. The South Americans are visiting the area in droves and buying up everything in sight, including empty condos, fancy clothes, and fast cars. Though, one has to wonder why they prefer coming from their sun drenched, subtropical, Latin-flair cities to ours. The New York…
Between 2008 and 2009, Florida had its first decline in total population since World War II, but the state’s growth is getting back on track. According to new numbers released today by the U.S. Census Bureau, the population has topped 19 million for the first time, and we’re now on track…
The fight over Genting’s casino-fueled plans for the current site of the Miami Herald building has been thrown a hitch by an unlikely party: the Dade Heritage Trust. You see, they think that big brown and beige box which is basically at this point a glorified backdrop for giant Apple…
What real estate bust? The penthouse atop the Setai has sold for a cool $21.5 million, and the company behind the sale, Zilbert Realty Group, claims it’s the most expensive condo ever sold in Miami-Dade both by total bottom line and price per square foot. The pad boasts a seriously…
Will the Beyssiah be raised amongst us?A very pregnant Beyonce and Jay-Z have been spotted house hunting in Miami Beach a few times over the past month, and TMZ reports that world’s most important couple was in town last week to tour a mansion currently owned by none other than…
For years Miami’s most exclusive enclave, Fisher Island, reigned as the country’s most expensive zip code. Falling real estate prices have knocked it down a few pegs on that list in recent years, but the people who call the insular island home, many of whom probably bought their homes at…
Looking for a job? Maybe you should also be looking for a new place to live outside South Florida. Not one, but two job listings sites have run the numbers and declared that the Miami metro area is the worst place to find a job in America. Sure, there may…
Almost one in four children in Florida lived below the poverty line in 2010, according to data from the US Census. That means 923,963 Florida kids live in poverty (defined as a family of four living on less than $22,314-a-year). That works out to 23.5 percent of all kids in the state…
Real estate listing supersite Trulia has compiled its first Metro Movers Report, based on data culled from page views of its site. The report shows where Americans are looking to move and where they’re looking to leave.Apparently Miamians have no intention of departing our warm weather, but they would like…
Lets do some real estate Jive Talkin’ about the nearly 10,000 square-foot mansion in South Miami where the Bee Gees’ Robin Gibb has been Stayin’ Alive for the past few years. Boogie Child, You Should Be Dancin’ at the thought of seeing the inside of this stunning home. You’ll be…
Last month Gov. Rick Scott bragged that the unemployment in Florida had dropped a tenth of one percent, with 64,000 jobs added between January and July. True enough, but now it turns out that more than half those jobs were health care, food service and hotel gigs paying low wages…
Ever wonder what’s in the back of all those Ryder trucks?Your tax dollars, apparently.According to a new study by Citizens for Tax Justice, the Miami-based Fortune 500 company paid -7.3 percent federal income tax from 2008-10. That’s negative 7.3 percent. Kinda makes you want to torch the nearest moving van,…
Is Miami “cool” enough to attract and retain young folks? According to a new analysis by a senior fellow at the Brookings Institute, probably not. New data shows that the Miami area lost more residents aged 25 to 34 than most major American metro areas between 2008 and 2010…
Reclusive conservative news aggregator Matt Drudge of DrudgeReport.com infamy just plopped down $1.45 million cash for a new bunker way, way out in the Redland. Drudge, who rose to fame and riches after breaking the first bit of news about the Monica Lewinksy affair, has lived and maintained his site…
At the heart of the Occupy Wall Street movement is disgust over the well-documented increase of income inequality in America over the past few decades and the slow disappearance of a robust middle class. While New York City is certainly an apt place for the center of those protests, Miami…
Tony Sparano is downsizing.Not just his ambitions for the Dolphins’ season. Those went out the window weeks ago. No, he’s downgrading his personal grandeur as well. The buzz-cutted-est coach in the NFL is selling his $1.7 million mansion in Davie.While many critics have gleefully taken it as a sign of…
It’s that time again when Coca-Cola holiday commercials constantly remind you ’tis the season to be giving.But every time you plug in that Christmas tree, electric Hanukkah ornament, or turkey carver, you’re only donating to one company: Florida Power and Light.Today, state regulators ignored arguments by consumer advocates and politicians,…
The University of Miami is getting into the hotel business withplans to construct an 18-story hotel as part of its Life Science and Technology Park. However, given its Overtown location, it will not target regular tourists. The hotel will include conference space and hopes to attract medical conferences and provide…
If Occupy Miami protesters are angry about out-of-control banks taking and mismanaging money from the public coffers, then perhaps they should move their protest to the parking lot of U.S. Century Bank’s headquarters out in Doral. The bank received $50.2 million in TARP assets in 2009, but ProPublica reports that…
Thanks to unbelievable unemployment rates, two U.S. wars that went nowhere good, and about a million other awful current American realities, what was once comfortable enough has become unbearable.Economic inequality and the corporate influence over governmental affairs have pushed those in New York, Chicago, and DC to give up the…
Donald Trump may no longer be flirting with becoming the leader of the free world, but he’s extending his empire of golf resorts by agreeing to purchase the Doral Golf Resort & Spa for a cool $170 million. The property was put into bankruptcy earlier this year…
A few weeks ago, bigwigs at the Florida Miami Marlins announced they were putting the final touches on the team’s new stadium in Little Havana. The coup de grace: a rubber membrane designed to reduce the glare off its bulbous, retractable metal roof. Soon the stadium will be shrink-wrapped in the…
