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Bayside Ferris Wheel Miami

Bayside Ferris Wheel Under Construction in Downtown Miami

Bayside Ferris Wheel Under Construction in Downtown Miami Bayside ferris wheel construction is now underway at Bayside Marketplace site in downtown Miami. Opening is scheduled before the Super Bowl next year, and pieces of the bayside ferris wheel have been in storage in Miami for months now waiting to be installed. Bayside delegates have recently said the wheel will be "iconic." The 176-foot tall...

Residential Sales Report

Residential Sales Report South Florida Q3 2019

Residential sales in South Florida with increase in home sales and more realistic pricing leading to drops in inventory for Q3 2019 Residential sales report in Miami, Miami Beach and surrounding cities. Sales generally rose in the third quarter, according to the newly released Elliman Reports, authored by Jonathan Miller of Miller Samuel Inc. But elsewhere in the tri-county region, sales dropped or...

Home improvement real estate property

Home improvement projects with greatest value for buyers and sellers

Home improvement projects with greatest value for buyers and sellers When it comes to increasing a home’s resale value, not all improvement projects are created equal. The 2019 Home Improvement Report by the National Association of Realtors reveals the top three return-on-investment home projects, it looks at the reasons for remodeling and the increased happiness found in the home once a project is...

Okan Tower Miami files for construction permit to Build 890-foot tower

Okan Tower Miami files for construction permit to Build 890-foot tower Construction of 70-story Okan Tower is moving forward in downtown Miami, which will become the tallest in the city. Turkish developer Okan Group along with contractor Suffolk Construction applied for a construction permit to begin the work, city records show. The application was filed for on September 16, with an expense of $447,944...

830 Brickell Miami’s first new commercial tower in 10 years 

830 Brickell Miami's first new commercial tower in 10 years OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly ten years. Aiming to upend the premium office market with high...

Over 100 units closed already at Paramount Miami Worldcenter only few weeks after opening

Over 100 units closed already at Paramount Miami Worldcenter only few weeks after opening Closings started at Paramount Miami Worldcenter and it looks like a quick and promising success for the project developers. Over 100 condo units have closed already in the downtown Miami giga project, Miami-Dade county records show. Closings started in late August and were hindered by Labor Day (Hurricane Dorian...

Miami Developers incentivize younger, local condo buyers with lower deposits

Miami Developers incentivize younger, local condo buyers with lower deposits Historically when traditional development loans were in short supply, local condo developers shifted financing on buyers by requiring 50% deposits. Today, many developers are lowering their requirements, sometimes to as little as 10 percent. Thank the expansion in more youthful household purchasers, bounteous stock and the...

Brain Gain: Miami Ranks #1 For Growth In College Graduates, Census Data Shows

Brain Gain: Miami Ranks #1 For Growth In College Graduates, Census Data Shows The college-educated population is growing much faster in Miami than any other city in the U.S., according to a new analysis of census data by Citylab. The study analyzed both the number of college graduates and those with advanced graduate degrees moving to America’s biggest cities. Miami was the top ranked city by both...

Rent reform in New York, California propels new wave of multifamily investors to Miami

Rent reform in New York, California propels new wave of multifamily investors to Miami First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They were lured in by the favorable climate, luxury residential properties and most of all, substantial tax savings. Now, it is the multifamily investors who are heading to South Florida, and for an...

A Look at What the National Flood Insurance Program Does

A Look at What the National Flood Insurance Program Does The National Flood Insurance Program (NFIP) provides property owners, businesses, and renters access to affordable flood insurance, according to FEMA. Overall, the program aims to reduce the impact of flooding on individuals and communities. The NFIP program: Caps NFIP rates at $10,000 per year for property owners. Directs FEMA to develop more...

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