What Condo Purchasers Want: Fine Art? “It needed more culture and authenticity if we expected to sell 450 units at prices ranging from $550,000 to $4.5 million,” said Tom Harrison, a Colony Capital principal. So Harrison did what some other apartment and condo developers are doing to woo sophisticated city dwellers: He created a sizable …
Category Archives: Breaking News
Report: Commissioner didn’t get special deal on land (miami)
Report: Commissioner didn’t get special deal on land (Miami) An investigation has concluded that Miami-Dade Commission Chairman Joe Martinez did not underpay when he purchased a vacant lot from one of the county’s biggest developers in 2004. An inspector general’s report concludes that Miami-Dade Commission Chairman Joe Martinez received no special privileges and ”did not …
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New Web database lists values of homes
New Web database lists values of homes Could Web site do real estate agents’ job? After months of intense speculation within the real-estate industry, supersecretive Zillow.com announced Wednesday it was rolling out a Web feature that eventually will allow anyone nearly anywhere in the nation to accurately calculate the worth of their home or almost …
The Battle of Biscayne
The Battle of Biscayne Desire and Felicity shamble down the scorching sidewalk, sodden makeup smearing sullen faces. They’re looking for the telltale sign from a driver rumbling through midafternoon traffic on Biscayne Boulevard: prolonged eye contact and a chin nod. Or maybe the reliable standby: “Excuse me, miss, but I need directions.” Both women are …
Lenders try to keep mortgage boom alive
Lenders try to keep mortgage boom alive Hoping to ride a new wave of profits as the mortgage boom winds down, lenders have changed course and are targeting borrowers with adjustable-rate mortgages and encouraging them to refinance into fixed-rate loans. Many lenders have been pushing adjustable-rate loans as a way for borrowers to keep their …
Captiva resort damaged by Charley may get new owner
Captiva resort damaged by Charley may get new owner Talks are under way for the sale of Captiva’s South Seas Resort. The New York-based Blackstone Group is negotiating to buy a group of Florida resorts from MeriStar Hospitality Corp., according to local real estate expert Frank D’Alessandro. That includes South Seas Resort & Yacht Harbour, …
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