Related sees a spike in demand for condos from international buyers, now that borders are open, and is about to launch sales for a 60-story tower called Casa Bella.
The developer has approval for a total of three towers with 1,430 residential units and 1,629 parking spaces at 1400 Biscayne, all connected by a podium. Two of those towers would be around 60 stories, with a third at about 50 stories.
Related says they are now experiencing a surge of international buyers at their nearby Baccarat Residences and District 225 projects.
International buyers now represent …
Magazine’s best inventions of 2021. MTA’s new Live Subway Map is “relief for straphangers, created in partnership with digital agency Work & Co, the map is a design feat, retaining the iconic, four-decade-old look while bringing it up to the minute with live data,” the Time report states.
The Time honor isn’t the only accolade the new subway map garnered since it was unveiled.
The web-based map — which shows moving trains, gives automatic real-time updates and places tracks atop a geographically-correct street grid — received a Gold Lion award during the Cannes …
1. Miami Is The Top-Ranked City In the World For Luxury Home Price Increases In The Last Year
A new report from Knight Frank says that luxury home prices in Miami have risen faster than any other major city in the world over the past year. Miami saw luxury home prices surge 26.4% compared to last year and is growing at nearly triple the rate of the worldwide index. In fact, prices for the index as a whole were up 9.5% worldwide.
The gains in Miami appear …
There were 4,395 New Lease signings in Manhattan by the end of October -22.1% compared to Oct. 2020, falling to their lowest level in a year but the activity remained higher than the decade average for October due to post-pandemic recovery and prices rebound.
The Median Rental Price was $3,495, up +12.7% from the previous year, the same fate for the Net Effective Median Rent, which rose annually at the highest rate in a decade, increasing +17.9% year over year to $2,868 and yet a 0.8% below the same period two years ago before the pandemic, suggesting that the COVID discount for …
A welcome escape from New York City’s typical hustle and bustle will now be open all year — and just a short ferry ride away.
The 172-acre island in New York Harbor opened wide to the public in 2006 after decades as a military installation.
Governors Island starting Nov. 1 will be open from 7 a.m. to 6:15 p.m.
NYC Ferry service will be offered on the South Brooklyn Route during weekdays and non-summer weekends, in addition to the existing Pier 11/Wall Street summer shuttle.
(source: patch.com, picture: patch.com)
Miami-Dade’s homeless population has reached a new record low, according to CBS4.
In total, there were just 919 unsheltered homeless in Miami-Dade as of August 2021, a countywide census showed.
The total homeless population in Miami-Dade, including both sheltered and unsheltered, stood at 3,355 – a 58% decrease compared to the 8,000 recorded in 1996, when records began.
The Miami area has one of the lowest per-capita homeless rates of any big U.S. city.
Miami-Dade’s overall population has also increased 29% over the past 25 years, so the homeless population drop is …