In other news, South Floria developer Swire Properties Inc., announced this week the launch of Rise, one of two luxury condominium towers in Brickell City Centre — a new $1.5 billion dollar master-planned mixed-use urban development in the heart of Miami’s Brickell district. Reach is Brickell City Centre’s first luxury condominium tower.
Some of the high-end amenities in Rise include: a half-acre outdoor deck, a spa area with blow-out bar and nail salon, fitness center, library, poolside café service, children’s ...

Developers are starting to trickle north, but Miami remains the prime location in South Florida for new condo construction.

Miami-Dade County represents nearly 75 percent of the 278 condo towers totaling more than 38,150 units proposed, planned or under construction in South Florida through Sept. 15, according to Cranespotters.com. Scores of new projects were announced during the typically slow summer season. And new investors like Argentina’s Coto family made substantial investments in vacant land with future development in mind. The Cotos, ...

After the summer, more sellers usually decide to list their apartment. This year is no exception.
Multiple apartments in the same building are hitting the market in rapid succession, as sellers look to replicate the high sales prices obtained by their neighbors.
The trend is particularly noticeable in gentrifying neighborhoods, especially in Brooklyn. And in many cases, it’s being led by opportunistic sellers looking to make a quick profit.
People start to follow each other when the market is right ...