News about properties and real estate
Red-hot Keys housing market feeling a chill Some Keys residents who figured a year ago they were real estate millionaires are now scrambling to unload properties damaged by Wilma’s flooding. This time last year, real estate agents along this island chain couldn’t keep most properties in stock, as eager buyers snapped up trailer lots, pushed …
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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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Developers will be allowed to build condos (miami) The Aventura Commission will allow the developers of Lincoln Pointe Condominiums to construct a building with 460 units. Despite an advertising glitch that forced the Aventura City Commission to push the meeting back a day, it agreed to exempt the developers of Lincoln Pointe Condominiums from the …
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A Florida City Awaits the Payoff From Its Bet on Condos – New York Times As the stepchild to its more beautiful sisters in southwest Florida, Naples and Sarasota, this city has struggled for decades to revitalize its picturesque downtown and attract snowbirds and tourists. With low-rise buildings dating back to the 1800’s, the city …
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Boom or thud? [California] As mega-malls land in established communities, homeowners wonder what it means for them. From his home in the Adams Hill neighborhood, Richard Horgan has a sweeping view of downtown Glendale framed by the Verdugo Mountains. It’s a lovely panorama — one that’s about to change. In the coming months, a $264-million …
SEA CHANGE: Low-rise condo on Sunny Isles Beach, facing major repairs, sells its piece of paradise for development Dozens of windows are boarded up at the ’50s mom-and-pop motel turned condo. Walkways are propped up by scaffolding. Some of the siding is gone with the wind, while tarps cover some of the roofing. The 172-unit …