Riccardo Ravasini, Author at Rava Realty - Page 36 of 104

Extension To Design District and Monorail

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Miami-Dade commissioners voted to accept funding from the cities of Miami and Miami Beach to pay for engineering studies needed for the Beach Corridor rapid transit project.

The two cities will contribute $417,000 towards the cost of the study.

The Beach Corridor includes a few separate projects. Completion of the Monorail is expected in 2026.

(source: thenextmiami.com)

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Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

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It’s getting difficult to get a reservation at certain restaurants in Miami as new residents continue to flood into the area.

Restaurants from New York and all over the country are lining up to open in Miami, as they try to capitalize on the great migration here that has been accelerated by the pandemic, both outlets reported.

One restaurant broker said that he has been contacted by 150 different groups in the past 60 days alone looking for space ...

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Hotels In Miami Are Performing Better Than Any Other Major U.S. Market During Covid

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Occupancy for the month of January was 54.5%, with an average daily room rate of $195.08. Both were the highest of any major market in the U.S. for the month.

In February, Miami continued to post the best number in the U.S.Occupancy was up to 75.8% in the third week of the month.

According to Travel Weekly, oceanfront hotels are doing particularly well, with most beach resorts reporting 80% to 90% on weekends. The numbers are particularly encouraging since ...

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Flight to Florida? Data show few Manhattanites moved permanently

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Headline after headline made it seem like half of Manhattan had moved to Florida for good.

Reality check: Only a small percentage of Manhattanites relocated permanently to Florida last year. And as vaccinations amp up, many might be returning — or changing their plans to move in the first place, according to Bloomberg News.

Only 2,246 people filed a permanent address change from Manhattan to Miami-Dade County last year, while 1,741 went to Palm Beach County.

Still, even a ...

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NYC Restaurants to allow 50% capacity

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New York City restaurants are on a rapid pace to reopening. Gov. Andrew Cuomo announced that restaurants in the city will increase indoor dining capacity to 50 percent starting March 19.

“In New York State, our decisions are based on science and data and we are encouraged by the continued decline in infection and hospitalization rates,” Cuomo said in a statement.

Restaurants have been struggling amid capacity restrictions. A recent survey by New York State Restaurant Association found that ...

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What Is New York City Getting From the American Rescue Plan?

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President Joe Biden has signed the $1.9 trillion American Rescue Plan, the third pandemic-era stimulus and, potentially, one of the most consequential economic packages in U.S. history. Passed by Congress and it also includes billions of dollars that will go directly to New York City.

To be precise, it is 6 million that will be used in different ways like Stimulus Checks, Child Tax Credit, MTA Relief and Vaccines.

De Blasio has called the stimulus a “game changer” for ...

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