Battle for the $1B Island Gardens project. For well over a decade, Turkish entrepreneur Mehmet Bayraktar has been on a seemingly quixotic quest to transform a barren patch of prime waterfront land in Miami into a billion-dollar ultraluxury resort with a supersized wharf accommodating the 1 percent’s titanic yachts. But the mixed-use project known as…
A condo for sale in Miami hit the market earlier this month accepting only Bitcoin, grabbing headlines as one of the only U.S. real estate listings to limit itself to the cryptocurrency. The one-bedroom pad at 480 Northeast 30th Street listed on Dec. 8 for 33 Bitcoin, or about $550,000 at the time, according to…
After a two-week standoff, Miami-Dade county officials agreed Tuesday to move the Miami Open from the Crandon Park tennis complex in Key Biscayne to Hard Rock Stadium in 2019. Mayor Carlos Gimenez and IMG, the sports giant that runs the tennis tournament, agreed earlier this month to make the move to the Miami Dolphins stadium…
Hedge funder Daniel Nir and philanthropist Jill Braufman plunked down $12 million for a new penthouse in Surf Club Four Seasons Surfside. The couple closed on Penthouse 3 in the north tower of the Four Seasons Private Residences at The Surf Club, property records show. Nir is founder and CEO of Gracie Capital, a New…
David Beckham has brought in powerful Miami siblings Jorge and Jose Mas to his investment group planning a multimillion-dollar Major League Soccer stadium in Overtown. The MasTec brothers, whose father founded the engineering and construction firm, have joined the venture, while majority partner and Los Angeles Dodgers co-owner Todd Boehly has bowed out, according to…
Resorts World in talks with the city of Miami to lease marina land where it plans to build a marina, part of a multimillion-dollar redevelopment plan in Miami’s Arts and Entertainment District. The Genting Group subsidiary wants to lease submerged land that’s owned by the city of Miami and the Florida Department of Transportation, according…