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- Palm Beach development duo plead not guilty to EB-5 fraud charges
160 Royal Palm Way and Robert V. Matthews and Les Evans (Credit: Google, Delray Beach, GoCPG.org and Leslie Robert Evans & Associates, PA) Developer Robert “Bob” V. Matthews and real estate attorney Leslie Robert Evans pleaded not guilty a month after their arrests on charges that they swindled foreign investors
- Developers ask record $40M for Fisher Island penthouse
Heinrich Von Hanau The developers of luxury condominium Palazzo Della Luna on Fisher Island plan to offer its priciest penthouse for $40 million, which would be a record condo price on the exclusive island. Miami developer Heinrich von Hanau and PDS Development expect to complete construction of the 50-unit condominium
- Blue Ribbon Restaurateurs Replacing Guy Fieri at Old NYT Building
Popular Upper West Side restaurant The Ribbon is reportedly opening a new location at 229 West 43rd Street in Times Square, where it will be replace celebrity chef Guy Fieri’s shuttered Guy’s American Kitchen & Bar. The Ribbon signed a lease for 16,500 square feet at the Kushner Companies-owned retail
- Is Germany heading toward a housing bubble?
German home prices have climbed by about 60 percent since 2010, and the unprecedented rate of growth is stoking concerns of a housing bubble. Berlin, for example, recently came in atop a list compiled by Knight Frank in the fourth quarter of last year of the globe’s top 150 residential
- Marriott will put Edition brand on downtown Tampa hotel
Edition Tampa renderingThe Edition hotel brand created by hotelier Ian Schrager and Marriott International is coming to a major mixed-use development in downtown Tampa. Edition Tampa, a 173-room hotel, will be part of a 26-story building in the middle of the mixed-use development, called Water Street Tampa. Ian Schrager The
- How do you say “second home” in Italian?
Americans are increasingly looking overseas toward Italy when it comes to buying a second home. U.S. buyers made up 11.3 percent of foreigners who inquired about buying high-end homes in Italy during the first quarter of the year, according to a Knight Frank report cited in the Wall Street Journal.
- AT&T and Verizon are again being investigated for collusion. Here’s what happened the first time.
Verizon and AT&T logos. (AP) The Justice Department is currently investigating whether AT&T and Verizon may have colluded to thwart a technology that could allow wireless customers to switch network providers more easily. But antitrust officials conducting a similar probe in 2016 found little evidence for the claim and ultimately
- Heir of late Mexican singer asks about $8M for 30.8 acres in west Broward
Juan Gabriel and his son Ivan Aguilera (Credit: People en Espanol) The heir of a deceased Mexican recording artist is asking about $8 million for 30.8 acres of Southwest Ranches properties. The properties in west-central Broward County were owned by the late Juan Gabriel, a singing star whose real name
- 4 former presidents among hundreds at Barbara Bush’s funeral
Four former presidents joined ambassadors, sports stars and hundreds of other mourners on a gray, rainy day Saturday at the private funeral for Barbara Bush, filling the nation’s largest Episcopal church a day after more than 6,000 people paid their respects to the woman known by many as “America’s…
- Los Angeles Office Market Records Major Swings in Several Submarkets
The impact of tech, media and entertainment sectors in Los Angeles shows no signs of abating, with tenants from the fast-growing fields, along with legal and bioscience tenants, driving office market growth in some key submarkets, according to findings from CBRE’s recently released first-quarter 2018 report on the Greater Los
- Chinese investment in U.S. senior housing grinds to near halt
Chinese investment in senior housing in the United States has slowed to a trickle following a $1 billion-plus buying spree over the past few years. Chinese investors haven’t made a transaction in U.S. senior housing worth more than $2.5 million since the first quarter of 2017, according to data from
- Broward may allow development around the BB&T Center
The BB&T Center in Sunrise Broward County commissioners will consider Tuesday whether to allow development of the area around the county-owned BB&T Center in Sunrise, the home of the National Hockey League’s Florida Panthers. A 2016 study by the Urban Land Institute (ULI) recommended the development of apartments, entertainment
- NYC’s middle class grows further apart
The rich get richer and the poor get poorer, so the saying goes. And in New York City, the upper middle class gets more upper and the lower middle class gets lower. The Big Apple ranked No. 6 among the Top 10 U.S. cities where the gap between both ends
- Loan default stalls Naples-area development of condo-hotel
Anthony Fortino A condo-hotel development in the Naples area stalled after the developer defaulted on a loan. David Bartley Sr., the exclusive broker for the development, called Trio, told the Naples Daily News without elaboration that “the project is on hold at this time.” The developer is Trio Southern Holdings
- Toronto developers pulling out of pre-sold condo projects
Toronto’s condominium developers are pulling the plug on projects with significant numbers of pre-sales as construction costs climb and home values continue to rise. Developers in Canada’s largest city are typically required to pre-sell 70 percent of a project’s units in order to financing. But construction costs have risen since
- #NeverAgain movement needs more young voters signing up to succeed | Editorial
Parkland student activists who’ve inspired the nation with their #neveragain movement need help turning their youthful passion into new voters for sensible gun laws. The legions of young new voters expected to spring from the student-led marches, walkouts and demonstrations have yet to appear. …
- 6 things to know about Labo, Nintendo’s quirky cardboard video game accessory kit
I built a car today. And it only took me 10 minutes. A remote-controlled car is the first project you make as part of the Nintendo Labo, a new type of build-it-yourself cardboard accessory that works with the Switch console to combine real-world and digital play. After folding and assembling the
- National Cheat Sheet: Construction costs jump 4.2% nationwide … & more
Clockwise from top left: Al Capone’s Miami home lists for $15M, construction costs are up nationwide, apartment rental prices jump and insiders predict a tech migration to New York City. Construction costs jumped 4.2% nationwide From TRD NYC: The average cost of construction climbed throughout the United States last year, with
- Wellness is the newest luxury amenity
Home buying is often an emotional decision, and now it’s increasingly becoming a mindful one. Developers are tapping into the market for wellness real estate by including amenities like open-air yoga studios, medicinal gardens with calming herbs and meditation courtyards, the Wall Street Journal reported. “Mindfulness is paying attention-it’s being
- The Manor in Holmby Hills is back on top at $200 million
The most expensive home for sale in America is still found in Los Angeles, but it’s no longer the larger-than-life mansion that debuted a year ago in Bel-Air at $250 million. That speculative wonder of owner-developer Bruce Makowsky has returned to the Multiple Listing Service at $188 million….
- Maryland’s booziest counties, ranked by beer consumption
Worcester County, home of one of the state’s top tourism hotspots, Ocean City, is by far the largest consumer of beer per capita among the state’s 24 jurisdictions. The Eastern Shore county also leads the way for distilled spirits and is second in wine, according to the Maryland comptroller’s annual
- PHOTOS: Las Olas Wine and Food Festival
The 23rd annual Las Olas Wine and Food Festival, “five blocks of sips and samples” in downtown Fort Lauderdale, with more than 50 South Florida restaurants and dozens of national wineries. The Friday event was sponsored by Breakthru Beverage, William Hill Winery, New Amsterdam, Woodford Reserve…
- Jacques Kelly: At former A. Hoen & Co. lithography plant, ‘audacious’ hope for East Baltimore
A bold project is kicking off next week in the heart of an old and battered East Baltimore neighborhood. Transformation of the long abandoned A. Hoen and Sons lithography plant, at Biddle and Chester streets, has been an elusive goal, but now a number of players have come together to
- Bikini-clad women sought in fraud probe
Two women were wearing bikini tops while shopping with a stolen credit at the Boynton Beach Mall, authorities say. Now the Palm Beach County Sheriff’s Office is looking for them in connection to a fraud investigation. The sheriff’s office shared a surveillance image of the two women at the mall…
- Killer clown case subject of ’48 Hours’ investigation
The saga of Wellington’s 28-year-old killer clown case will be the subject of Saturday’s edition of “48 Hours.” The May 1990 death of Marlene Warren — who was shot in the face on her Wellington doorstep at the hands of someone disguised as a clown — went cold for decades.
