Considering only the deranged can possibly enjoy frigid winter temperatures it’s not surprising to see Miami rank as New Yorker’s No. 1 travel destination during the holiday season. According to Balsam Hill’s interactive map, which reveals the most searched holiday flight destinations in the country, Miami dominates New Yorker’s travel plans. Orlando and...
Why Are The World’s Top Real Estate Investors Risking Billions On Miami’s Riverfront Renaissance?
Inevitably it seems that rivers are one of two things to a city: either a vital, vibrant artery stitching it historically together (think the Seine through Paris, the Sumida through Tokyo, or the Chicago River through the downtown Windy City), or an industrial, black water pipeline which, decade after decade, sacrifices a thriving, walkable waterfront for a...
Miami buyers get more for less than they would in New York, and elsewhere
Median home price in the U.S. is averaged at $300,000, which gets you, again on average, 1,700 square feet. But when you boil it down, those numbers don’t really mean anything, because they represent too wide an area. That’s precisely why Point 2 Homes applied those U.S. averages to the country’s 50 biggest cities to see what $300,000 could get a homebuyer. In...
Miami new construction activity skyrocketing
The Miami new construction market is putting up some of the most impressive numbers in the nation this year, according to research from Dodge Data & Analytics. In October, Miami saw more than $1.108 billion in total residential construction spending, which is a whopping 217 percent increase from Oct. 2015. Furthermore, year-to-date construction spending is...
Three upcoming big projects
Miami considers plans for 888 Brickell office tower, Quadro apartments by Alta Developers, and Ellipsis condo Developers are seeking approvals for three major projects in Miami: a Brickell office tower, an apartment building on the Upper Eastside and a boutique condominium in Edgewater. The city’s Urban Development Review Board will consider all three proposals...