Arte Surfside Officially Sells Out At Nearly $225 Million As Penthouse Leased By Ivanka Trump And Jared Kushner Sells For $17 Million
Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished.
Arte Surfside, the ultra-luxury 12-story oceanfront luxury condominium at 8955 Collins Avenue, has officially sold-out for near-$225 million following the closing of Residence 201, its last remaining listing, for $17 million in as-is condition. The six bedroom home spanning 6,975 square feet of interior space and 1,488 of terrace space was designed by master Italian architect Antonio Citterio and sold unfurnished to a family, who were drawn to its water views and large living spaces featuring two kitchens, a dedicated oceanfront entertaining level, and a master suite overlooking the ocean. The residence was previously leased to Ivanka Trump and Jared Kushner.
Arte was successful in attracting the most discerning luxury buyers in the world, with many hailing from the U.S. Northeast, and was recognized globally for setting impressive new sales records, including executing on a cryptocurrency penthouse transaction. At around $3,000 per square foot, Arte achieved the highest blended price per foot in addition to the highest average cost per unit that has closed to date in any new development recorded in Miami Dade County and arguably Florida. Furthermore, with almost $225 million in total sales, Arte holds the highest gross sale price for a new boutique development in Miami.
“Arte represents a new tier of ultra-luxury in Miami Beach,” said Alex Sapir, Chairman of Sapir Corp LTD, an Israel-and New York-based subsidiary, who, developed the project. “This development has redefined all expectations for oceanfront living and showed the market that unprecedented prices a square foot are possible. We have set a new standard with Arte, and I’m proud to have led such a tremendous project.”
“It’s thrilling to watch a project you conceptualize from the ground up become a record-breaker in so many categories,” said Giovanni Fasciano, co-developer of the project. “We envisioned the ultimate Miami Beach lifestyle with the perfect combination of only 16 residences, masterful architecture, all of the amenities and services of a five-star resort and a collection of blue-chip artwork that actually inspired the building’s name. Buyers gravitated toward this highly customized, personal approach, and they have now come to know us as developers that go far above and beyond what’s expected.”
Arte’s sales success is a result of the huge demand for large oceanfront residences in Miami Beach. The homes at Arte feature expansive indoor and outdoor spaces, with square footage starting at 3,126. The two largest residences, the Penthouse and Lower Penthouse, were both landmark deals for the market, with the Penthouse selling at $33 million, and the Lower Penthouse selling at $22.5 million setting a record price per square foot of $4,440. These two transactions serve as a benchmark for Surfside condominium sales today. The achievements also underscore the validity of the developers’ initial vision for Arte and prove the building’s aptitude to set multiple records in real estate.
“We are thrilled to have been part of this exciting project, that has brought world class design and architecture to Surfside,” said Howard M. Lorber, Executive Chairman of Douglas Elliman.
Reinforcing Arte’s desirability in the market was incredible architecture by Antonio Citterio, in collaboration with Kobi Karp Architecture and Interior Design. Nodding to the legacy of ancient landmarks such as the Colosseum, the building touts a memorable Roman travertine façade, broad expanses of sliding glass doors and a gridded bronze Schuco window system.
Owners of the 16 residences at Arte enjoy a lavish lifestyle with expansive interiors and a wide array of first-class amenities. The amenity package includes a 75’ indoor swimming pool, an outdoor swimming pool, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and a tranquil meditation pond. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining and private temperature-controlled parking spaces.
Arte has become one of the most recognizable and celebrated residential projects in real estate. The building’s legacy has been cemented with its sellout and will only continue to strengthen and grow as buyers increasingly desire boutique oceanfront residences with a focus on privacy and exclusivity. Arte has laid the groundwork for developers Alex Sapir and Giovanni Fasciano to expand globally.
“Douglas Elliman had a true partner working alongside Alex Sapir, Giovanni Fasciano and the entire Arte team who understood the needs of the most discerning buyers and helped us to set a new bar for luxury in the Miami Beach and Surfside Markets,” said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “We look forward to future collaborations.”
Sales at Arte were exclusively handled by Douglas Elliman Development Marketing, with Miltiadis Kastanis and Dina Goldentayer representing the seller in the Residence 201 deal.
Ytech Reveals Antonio Citterio Patricia Viel-Designed 70-Story Partially Solar Powered Condo Tower 'The Residences at 1428 Brickell'
1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech, has revealed The Residences at 1428 Brickell, a 70-story iconic centerpiece of the quintessential Miami skyline, located at one of the most prestigious addresses on Miami's Brickell Avenue. The building will be the first ever high-rise residential tower using solar energy and is designed by architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica.
1428 Brickell, LLC, a subsidiary of Miami-based real estate development firm Ytech, has revealed The Residences at 1428 Brickell, a 70-story iconic centerpiece of the quintessential Miami skyline, located at one of the most prestigious addresses on Miami's Brickell Avenue. The building will be the first ever high-rise residential tower using solar energy and is designed by architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica. The distinctive architecture and design of this private, residential property includes a limited collection of 189 homes priced from $2 million to $7 million, including a Penthouse Collection priced from $8 million to over $40 million. Cervera Real Estate serves as the sales team representing the property. Among the most prolific luxury condominium builders in the country, John Moriarty Associates (JMA) is the general contractor for The Residences at 1428 Brickell.
The Residences at 1428 Brickell will be the world’s first luxury, high-rise residential tower to integrate photovoltaic glazing within the building’s façade. This solar energy feature is deftly blended into the building’s architectural aesthetic, expressing the importance of sustainability and carbon reduction along each of its 70 floors. Since the solar cells are integrated into the glass, the effective lifespan of the panels can match the window itself. The property will feature 500 photovoltaic-integrated windows along the west-facing façade, creating a “Solar Backbone” comprising nearly 20,000 square feet of energy-producing glass. With this orientation and permanently installed generating capacity, the system is capable of producing up to 170,000 kilowatts, or 170 megawatts, of clean energy per year. This is intended to result in the reduction of approximately 4,700 tons of CO2 and the use of 3,000 barrels less of oil. Ytech has selected award-winning firm Cosentini Associates as the property’s expert solar energy consultant to implement this technology into The Residences at 1428 Brickell.
“Over a decade of planning and market research has come to fruition with The Residences at 1428 Brickell. Ytech’s vision is to create residential sanctuaries in an urban environment where design is driven first and foremost by resident experience and needs,” said Yamal Yidios, CEO of Ytech. “Complemented by impeccable architecture and advanced engineering, a remarkable combination of form and function, The Residences at 1428 Brickell will become iconic in delivering an unparalleled, service-oriented living experience.”
Ytech has selected a world-class team of artisans, designers, architects and engineers who understand the nuances of architecture, space, objects and human interaction to conceptualize and deliver a truly exceptional residential product. The concept for The Residences at 1428 Brickell was developed based on market research gathered from more than 250 luxury residential and hotel properties globally and interviews with three dozen renowned architects and designers. As a result, the property was created with the owner’s experience and privacy at the forefront of every decision, making The Residences at 1428 Brickell not only beautiful to behold but ideal to live in. The end result – meticulously curated residences with thoughtfully crafted amenity spaces and private areas throughout the building that will deliver a perfect balance between beauty and functionality. These exclusive and private residences are focused on empowering owners with a sense of privacy, safety and individuality.
Led by CEO Yamal Yidios, Ytech is inspired by great thinkers, creators and innovators, and this inspiration has been woven into each intentionally conceived detail of The Residences at 1428 Brickell. Through the firm’s in-depth market research, design vision and meticulous execution, complemented by Yidios’ background as an engineer and internationally influenced perspective, The Residences at 1428 Brickell have been crafted with intelligence and artistry to create an instant, lasting sense of belonging for all who call it home.
Alongside world-renowned architecture and interior design firm ACPV ARCHITECTS and international architecture firm Arquitectonica, Ytech has meticulously designed a perfect balance between form and function without compromise. Over the years, ACPV ARCHITECTS has designed some of the world’s most iconic projects including the Bulgari Hotel Paris, Arte Surfside in Miami Beach and La Bella Vita high-rise in Taiwan among others. ACPV ARCHITECT’S vision for the interior spaces emerges from the firm’s penchant for designing the art of living, with a unique micro and macro perspective, making The Residences at 1428 Brickell a living space where emotion and intellect combine to produce the highest quality of life.
“For the tower’s interiors, we selected furniture, materials, textures and colors that create an ambiance of informal luxury,” said Patricia Viel, CEO of ACPV ARCHITECTS. “Throughout the property’s amenity spaces we integrated pieces of furniture from a selection of world-renowned Italian and international designers, focusing primarily on earth tones to bring nature inside the building while simultaneously celebrating the joyful feeling of spending time outdoors in the company of your loved ones.”
“The architecture and interior design of The Residences at 1428 Brickell fuse seamlessly to make residents feel welcome and at ease from the moment they enter the building. Imagining how owners would use each space within the property was the guiding principle of our design for the interiors,” said Antonio Citterio, chairman of ACPV ARCHITECTS. “For example, we designed large amenity spaces to act as an extension of residents’ private living areas, such as the dining area, pool, bar and wine cellar, and integrated full-height windows in the lobby to offer uninterrupted views of the striking Brickell skyline, bridging the gap between indoors and outdoors.”
The Residences at 1428 Brickell's limited collection of residences will be fully finished with two- to four-bedroom plus den units ranging from 1,800 to 4,000 square feet. The Penthouse Collection residences range from 4,000 to 10,000 square feet. The residences showcase stunning water views and have been thoughtfully created with a true flow-through configuration to maximize light. A significant portion of residences within the property are two-stories, creating the feeling of a single-family home in the sky.
The Residences include high-quality, contemporary finishes and one-of-a-kind Antonio Citterio-designed signature pieces. Further highlights include deep sunrise and sunset terraces with a summer kitchen; two private elevators and a foyer per residence with double door entry including a compartment for in-room dining deliveries and private storage on each level. Encompassed by Rimadesio glass enclosures, standard residences will feature Italian Arclinea kitchens with 11-foot ceilings, while penthouse residences will include limited production Vaselli kitchens and 12- to 30-foot ceilings.
Over 80,000 square feet of amenity space will adorn The Residences at 1428 Brickell. Located 860 feet in the sky, Ytech dedicated five of the eight amenity levels within the top of the tower which will be home to curated private and shared spaces showcasing stunning, panoramic city views.
Level 70, a rooftop pool and atrium, features a pool with direct sunlight exposure; a hot spa and daybed lounging area; and a sky atrium offering a serene, lush greenhouse experience surrounded by foliage.
Level 67 includes a world-class, two-story wine and fine art lounge. The level also features state-of-the-art office suites with private offices and lounge; private dining room with a jewel Vaselli kitchen, ideal for entertaining, private cooking classes or catering; an owner’s lounge with expansive seating for entertaining and a full bar featuring craft cocktails and culinary delectables. Additional services include an on-site beverage director and sommelier as well as private a la carte catering and event services.
Level 66 features an expansive 10,000 square foot gym with weight room, HIIT room and an indoor/outdoor yoga room; a juice and wellness bar offering healthy pre and post-workout food and beverage options; and an immersive spa featuring a meditation room, infrared sauna, steam room, cold and hot plunge pools, treatment rooms, beauty suite and barbershop. Services on this level include a wellness concierge available to assist in scheduling personal training, spa and beauty treatments, nutritional coaching and IV treatments.
Level seven offers a family-focused environment featuring a pool with shallow wading area and poolside cabanas; aquatic therapy area with a stationary exercise lap pool; children’s recreation and learning center featuring indoor and outdoor areas with splash pools, interactive playgrounds and creativity rooms; cinema screening room and a teen’s room. Fully furnished, private guest suites will be available on level eight.
The building’s entrance and arrival lounge features an impressive porte-cochere and access control facility creating a welcoming, immersive arrival experience that includes a library with wine and food options for residents and their guests. Additional services include reception, valet and porter; bellman and doorman services, and a pet facility with grooming area, and in-unit package delivery, among other amenities.
A Penthouse At ARTE by Antonio Citterio Sells For Record $22.5 Million In Cryptocurrency
ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has sold its lower penthouse for $22.5 million in cryptocurrency. The deal makes the first cryptocurrency real estate transaction for a new development in Miami.
ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has sold its lower penthouse for $22.5 million in cryptocurrency. The deal makes the first cryptocurrency real estate transaction for a new development in Miami. ARTE by Antonio Citterio was developed by Alex Sapir’s Sapir Organization and Giovanni Fasciano. The development became the first new residential development in Miami to accept cryptocurrency as a form of payment earlier this month. The deal was overseen by Tara West of Douglas Elliman, who represented the developer, and Ryan Farbstein and Max Farbstein of The Farbstein Team at Douglas Elliman, who represented the buyer.
The transaction for the 5,067 SF PHB has broken several records including the most expensive price per square foot ever sold in Surfside at $4,440.50 PSF, and the second highest penthouse sale in Miami Beach since 2017. The deal also is the highest price pre square foot sale for a condo in 2021.
For cryptocurrency transactions ARTE has a partnership with blockchain and securities trading platform SolidBlock, which provides custom solutions for buying and selling digital assets. SolidBlock ensures that buyers paying in cryptocurrencies such as Bitcoin and Ethereum enjoy an easy and straight-forward purchasing experience.
Nestled in Surfside, the seaside enclave between Bal Harbour and Miami Beach, ARTE is a boutique, oceanfront development at the center of the city’s most vibrant cultural, culinary and shopping destinations. Featuring a stunning design by Italian master architect Antonio Citterio, the building offers impeccable interiors and finishes, as well as ten-star amenities and service. The development was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy or outstanding service anywhere else in Miami.
ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio and sauna and steam room. Additional facilities include a children’s playroom with space for remote learning, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.
Prices at ARTE by Antonio Citterio start at $10.3 million, or the equivalent cryptocurrency rate, and the spacious three- to five-bedroom plus residences range in size from approximately 3,150 to 7,550 square feet. Sales are exclusively handled by Douglas Elliman Development Marketing.
For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
ARTE by Antonio Citterio Is The First New Development In Miami To Accept Cryptocurrency
ARTE, a new oceanfront luxury condominium developed by Alex Sapir and Giovanni Fasciano, have announced the record-breaking sale of its triplex penthouse for $33 million. The all-cash transaction is Miami Beach’s third most expensive penthouse sale in the last seven years, and represents the highest price per square foot ever recorded in the city’s exclusive Surfside neighborhood.
ARTE by Antonio Citterio, the exclusive boutique condominium which recently opened in Miami’s Surfside neighborhood, has announced that it will be first new residential development in Miami to accept cryptocurrency as a form of payment. Signifying the developers’ optimism for the city's future as the cryptocurrency capital of the world, all remaining residences can be purchased with digital currency.
To streamline the sale of residences in crypto, ARTE has formed partnership with blockchain and securities trading platform SolidBlock, which provides custom solutions for buying and selling digital assets. SolidBlock will ensure that buyers paying in cryptocurrencies such as Bitcoin and Ethereum enjoy an easy and straight-forward purchasing experience. They will also be available to assist with any other crypto exchanges or real-world transactions that buyers wish to make in the future as well as legal and tax advice.
As the first Miami condominium to welcome cryptocurrency, ARTE joins Mayor Francis Suarez in the vision to transform the city into a leading technology hub. By embracing digital assets like Bitcoin as the future of business, the building has taken the lead in upending traditional real estate practices in Miami and has set an example for other developments in the market.
"The embrace of cryptocurrency and emerging technologies across all sectors of industry is precisely how Miami will become the city of the century,” said Mayor Francis Suarez. “ARTE is setting an important precedent and I won't be surprised to hear similar stories in the near future."
The announcement also comes at a unique time in Miami, when many of the top Silicon Valley companies and venture capital firms have opened satellite offices or have expanded into the city. According to the developers, this migration has played a role in the decision to launch a cryptocurrency offering at Arte.
“Miami is becoming a true city of tomorrow,” said Alex Sapir, Chairman of Sapir Corp LTD, whose Israel-and New York-based subsidiary, SC 8955 LLC, developed the project. “As the most exclusive luxury building in the city, we’re positioning ourselves for a future where half the world’s billionaires are crypto billionaires, which will happen once Bitcoin reaches $200,000. With cryptocurrencies already creating incredible worldwide wealth, it’s real estate that will sustain that wealth and provide buyers with a legacy. Cryptocurrency is an important and valuable asset, and we believe it’s only natural to set the pace in the real estate industry for these types of transactions at Arte, not just keep up with it.”
“Cryptocurrency is not only a viable and sustainable new asset, it’s also the future of wealth,” said Giovanni Fasciano, co-developer. “As more technology executives move to Miami and bring cryptocurrency along with them, it is crucial that buildings start to devise plans to make blockchain transactions easier and more secure for investors. Arte is the only Miami condominium positioning itself to attract this community at the moment, and we’re proud to take the lead in partnership with SolidBlock.”
ARTE’s collaboration with SolidBlock is the first of its kind. The company pioneered the field of tokenization, spearheading the world’s first successful commercial real estate security token offering (STO), raising $18M for the Aspen St. Regis Resort in 2018. Customizing solutions for private entities to purchase residential real estate in tokens is a new frontier for the platform, and one that could set an exciting precedent for future large-scale luxury developments.
“We are thrilled to have the opportunity to partner with the developers of one of Miami’s most sought-after buildings,” said Yael Tamar, co-founder and co-CEO of SolidBlock. “Discerning and tech-savvy buyers both local and international will appreciate having access to a platform that streamlines the process and helps them invest in this amazing opportunity.”
Nestled in Surfside, the seaside enclave between Bal Harbour and Miami Beach, ARTE is a boutique, oceanfront development at the center of the city’s most vibrant cultural, culinary and shopping destinations. Featuring a stunning design by Italian master architect Antonio Citterio, the building offers impeccable interiors and finishes, as well as ten-star amenities and service. The development was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy or outstanding service anywhere else in Miami.
ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio and sauna and steam room. Additional facilities include a children’s playroom with space for remote learning, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.
Prices at ARTE by Antonio Citterio start at $10.3 million, or the equivalent cryptocurrency rate, and the spacious three- to five-bedroom plus residences range in size from approximately 3,150 to 7,550 square feet. Sales are exclusively handled by Douglas Elliman Development Marketing.
For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
ARTE Closes New Deals Selling Over $59 Million Last Month
ARTE, a 16-residence luxury condominium developed by Alex Sapir and Giovanni Fasciano, has closed on over $26 million in sales in just a few short weeks. Arte has broken the Surfside sale records with its $33 million penthouse deal and has sold over $59 million in the last month.
ARTE, a 16-residence luxury condominium developed by Alex Sapir and Giovanni Fasciano, has closed on over $26 million in sales in just a few short weeks. Arte has broken the Surfside sale records with its $33 million penthouse deal and has sold over $59 million in the last month.
On the heels of its $33 million penthouse sale ARTE announced the sale of two more homes, Residence 202 and Residence 501. Both residences feature indoor-outdoor living with private outdoor space that is currently in high demand. Residence 202 is a furnished, six-bedroom duplex villa that sold for the full asking price of $16 million. The in-house Sales Executive for ARTE, Dean Bloch from Douglas Elliman, represented the seller. The buyer was represented by Chad Carroll of Compass. Residence 501 is a four-bedroom condo that sold for $10.2M, which was $250,000 over the asking price. Tara West of Douglas Elliman and also the exclusive marketing and sales agent of ARTE represented the developer in the sale. The buyer was represented by Eklund Gomes Miami.
For more information about ARTE by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
Ivanka Trump And Jared Kushner Rent Condo In Arte by Antonio Citterio In Surfside
President Donald Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, have reportedly signed a lease at ARTE by Antonio Citterio in Surfside, developed by Alex Sapir and Giovanni Fasciano. The news comes as President Trump leaves the White House for his nearby Mar-A-Lago estate in Palm Beach.
President Donald Trump’s daughter and son-in-law, Ivanka Trump and Jared Kushner, have reportedly signed a lease at ARTE by Antonio Citterio in Surfside, developed by Alex Sapir and Giovanni Fasciano. The news comes as President Trump leaves the White House for his nearby Mar-A-Lago estate in Palm Beach. Ivanka Trump and Kushner acquired a property for $32 million in December 2020 on Indian Creek Island, an ultra-exclusive billionaire bunker enclave adjacent to Surfside. The Sapir Organization has close ties to the Trump Organization as the pair developed the Trump Soho in partnership with Bayrock, a hotel condominium in Manhattan’s Hudson Square neighborhood which was completed in 2008.
ARTE is a 12-story luxury oceanfront building comprising of just 16 exclusive residences, located at 8955 Collins Avenue in Surfside. ARTE was developed by Alex Sapir and Giovanni Fasciano and designed by Italian master architect Antonio Citterio. ARTE offers impeccable interiors and finishes, as well as ten-star amenities and service. ARTE was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy, or outstanding service anywhere else in Miami.
ARTE features a full-suite of lavish amenities including a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and dedicated pet runway and relief corridor. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.
For more information about Arte by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
ARTE by Antonio Citterio Breaks Record With $33 Million Triplex Penthouse Cash Sale In Surfside
ARTE, a new oceanfront luxury condominium developed by Alex Sapir and Giovanni Fasciano, have announced the record-breaking sale of its triplex penthouse for $33 million. The all-cash transaction is Miami Beach’s third most expensive penthouse sale in the last seven years, and represents the highest price per square foot ever recorded in the city’s exclusive Surfside neighborhood.
ARTE, a new oceanfront luxury condominium developed by Alex Sapir and Giovanni Fasciano, have announced the record-breaking sale of its triplex penthouse for $33 million. The all-cash transaction is Miami Beach’s third most expensive penthouse sale in the last seven years, and represents the highest price per square foot ever recorded in the city’s exclusive Surfside neighborhood. In the transaction ARTE was represented by Tara West of Douglas Elliman Development Marketing and Ryan Serhant of Serhant Group and Julian Cohen of Jills Zeder Group represented the buyer.
“We’re thrilled to have sold this penthouse at a record-breaking price for Surfside and Miami Beach, as ARTE is much more than an ordinary luxury condominium,” said Alex Sapir, Chairman of Sapir Corp LTD, whose Israel- and New York-based subsidiary, SC 8955 LLC, developed the project. “Buying at ARTE is like joining an exclusive club reserved for the domestic and international elite who place a premium on privacy, architecture and service, an experience that one can attain at the finest hotels and resorts around the world without the transient environment. We aimed to design a lifestyle that would allow for buyers to always feel like they’re on vacation, even if Miami is their permanent residence. The dedication to the experience and design has been the mission from day one and we hope that all these details are what resonated with the penthouse buyer, as there’s nothing else comparable in the city.”
At roughly $4,300 per square foot, the five-bedroom residence has shattered the previous Surfside record of $3,656 price per square foot. The penthouse at ARTE also secured the second-highest price per square foot in Miami Beach’s penthouse history. The transaction represents the third-most expensive penthouse sale in Miami Beach within the past seven years.
“The world’s most affluent people with homes across cities like London, LA and New York are now coming to Miami for its warm weather, beautiful beaches, tax benefits and unique lifestyle,” said Giovanni Fasciano, developer partner at ARTE. “We are truly the premiere luxury condominium that can offer them the privacy and services that they have come to expect. The design and quality of ARTE will stand the test of time. We are proud to hold the record for most expensive penthouse sale in Surfside and the second-highest price per square foot in Miami Beach’s penthouse history. The titles are truly reflective of the amount of thought and care that went into developing such a special project.”
The triplex penthouse is the crown jewel of ARTE. At 7,681 interior square feet, the penthouse features five bedrooms, five bathrooms, two powder rooms, and an additional 6,260 square feet of terrace space with 360-degree panoramic views of Miami Beach, the Atlantic Ocean and the illustrious Surfside shoreline. The home also includes a private rooftop lounge featuring a show-stopping, 23-foot swimming pool, a wraparound pergola in Botanic Green Quartzite, as well as a fully equipped kitchenette. The record-breaking penthouse was sold completely furnished by Visionnaire, a leading Italian design brand, with showrooms in the U.S. and around the world, to a highly sophisticated individual from New York who works in private equity.
With ARTE, a 12-story luxury oceanfront building comprising of just 16 exclusive residences, Alex Sapir and Giovanni Fasciano created a masterpiece in Miami’s condominium market. Featuring a stunning design by Italian master architect Antonio Citterio, ARTE offers impeccable interiors and finishes, as well as ten-star amenities and service. ARTE was built to cater to an exclusive selection of buyers who have not found quality design, exclusive privacy, or outstanding service anywhere else in Miami.
ARTE residents enjoy a robust suite of amenities not found in other Miami luxury condominiums. They include a 75-foot indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and dedicated pet runway and relief corridor. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature-controlled parking spaces.
For more information about Arte by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
Italian Luxury Brand Bulgari Reveals Bulgari Hotel Miami Beach At The Site Of The Seagull Hotel
Italian luxury brand Bulgari and Blue Horizon Group, led by Nabil Kobeissi, have revealed Bulgari Hotel Miami Beach. The hotel will be the brand’s first hotel in Miami and 11th location worldwide. The developer will renovate and restore the existing 7-story Seagull Hotel, located at 100 21st St., adjacent to The Setai Hotel & Residences and W South Beach.
Italian luxury brand Bulgari and Blue Horizon Group, led by Nabil Kobeissi, have revealed Bulgari Hotel Miami Beach. The hotel will be the brand’s first hotel in Miami and 11th location worldwide. The developer will renovate and restore the existing 7-story Seagull Hotel, located at 100 21st St., adjacent to The Setai Hotel & Residences and W South Beach. The hotel is expected to open in 2024.
“We are particularly proud to have secured such an extraordinary location for the new Bulgari Hotel in Miami,” said Bulgari Hotels & Resorts CEO Jean-Christophe Babin.
The Seagull Hotel was developed in 1950, designed by Albert Anis. The restoration will be overseen by Antonio Citterio Patricia Viel. The existing building currently has 178 hotel rooms which will be transformed into 100 hotel rooms. The redevelopment will include a new pool, spa, fitness center and restaurant led by Chef Niko Romito.
Blue Horizon Group acquired the Seagull Hotel from Lionheart Capital and Actium Development Co. for $120 million in January 2020. The sellers had acquired the hotel, which sits on a 1.34 acre property, in an auction for $31.1 million in December 2017.
Check Out This Exclusive Oceanfront Duplex Residence In The Newly Completed Arte by Antonio Citterio
A duplex villa in Arte, by Antonio Citterio, recently hit the market in Miami’s Surfside neighborhood. Arte is a unique oceanfront residence that embraces seaside views and modern architecture with a mediterranean flair. Antonio Citterio collaborated with interior designer Patricia Anastassiadis of Artefacto, leader of Brazilian design, to produce this exquisite villa.
A duplex villa in the newly completed Arte, by Antonio Citterio, recently hit the market in Miami’s Surfside neighborhood asking $15.5 million. Arte is a unique oceanfront residence that embraces seaside views and modern architecture with a mediterranean flair. Residence 202 is staged by Artefacto, featuring the brand’s newest collection designed by Patricia Anastassiadis.
Nestled between Bal Harbour and Miami Beach, residence 202 is a duplex villa over 8,000 sq.ft. designed with minimalistic architecture and decorated with a node to Brazil. The private terrace overlooks a tranquil beach with floor-to-celing windows allowing the natural light to stream in. This villa is perfect for entertaining, the lower level contains grand open concept living with al fresco dining, complete with European white oak floors and bronze detailing. The duplex Residence 202 is priced at $15.5 million with sales overseen by Douglas Elliman.
For more information about Arte by Antonio Citterio, private showings or purchasing/ leasing information please fill out the form below:
Apparel Industry Icon Gerard Guez Purchases Unit at Arte by Antonio Citterio For $11,480,000
An Israel- and New York-based luxury real estate development firm SC 8955 LLC, a subsidiary of Sapir Corp Ltd., announced that Gerard Guez and his wife Jacqueline Rose will purchase unit 601 on the 6th floor of the oceanfront boutique condominium, Arte by Antonio Citterio.
An Israel- and New York-based luxury real estate development firm SC 8955 LLC, a subsidiary of Sapir Corp Ltd., announced that Gerard Guez and his wife Jacqueline Rose will purchase unit 601 on the 6th floor of the oceanfront boutique condominium, Arte by Antonio Citterio. The boutique, waterfront luxury building is nearing completion and receipt of its certificate of occupancy. The transaction will close during the second quarter of 2020 with a purchase price of $11,480,000. The Purchase Price reflects $2,713 per SF.
“We are excited that Jacqueline and Gerard will be among the residents of the Arte project as we enter active sales,” said Alex Sapir, who is developing Arte. “We look forward to welcoming them home this spring.”
“The residences at Arte were designed as trophy homes for our very exclusive clientele,” said Giovanni Fasciano, a development partner in Arte. “We are proud that the building resonated with Jacqueline and Gerard and thrilled that they have decided to make unit 601 their Miami home.”
Nestled in the exclusive enclave of Miami’s Surfside neighborhood, Arte, an oceanfront condominium, is the first project in the United States by Antonio Citterio, the Italian master architect known for his collection of Bulgari and Mandarin Oriental hotels located throughout the world’s most posh destinations, including Dubai, London, Milan and Bali. Citterio viewed Surfside as the next great American Riviera and designed the 16 residences at Arte to emulate the destination’s global sophistication. The residences were designed inside and out by Citterio, and in collaboration with Kobi Karp Architecture & Interior Design. At Arte he used only the highest quality materials, like Roman travertine hand- selected from Italy, and created seamless indoor-outdoor living spaces punctuated by expansive wraparound terraces with Ipe decking. A complete suite of resort-style amenities also reflects this lifestyle. The array includes a 75’ indoor swimming pool, an outdoor swimming pool and beachfront meditation pond, a rooftop tennis court, state-of-the-art fitness center and yoga studio, sauna and steam room and dedicated pet runway and relief corridor. Additional facilities include a children’s playroom, residents’ lounge, catering kitchen for out-of-home entertaining, and private temperature- controlled parking spaces.
“It’s rare that you see such high-end features in a condominium, and we felt it was a great time to invest in Surfside,” said Gerard Guez, who currently serves as the chairman and founder of Sunrise Brands, an apparel conglomerate built upon the formerly public company Tarrant Apparel Group that he founded in 1988 with the iconic brands Sasson jeans and JAG. For over 40 years, Gerard’s companies have designed and produced denim jeans and other apparel for countless recognizable brands that we know today. He shepherded the success of premium denim in the United States, helping define ‘80s pop culture with commercials including Elton John, Carol Alt, Nicolette Sheridan and The New York Rangers. His latest portfolio of brands includes NYDJ/Not Your Daughter’s Jeans, American Rag, DG2 by Diane Gilman and Seven7Jeans, and his company recently closed on the acquisition of Donald Pliner, a brand specializing in women’s and men’s footwear and accessories. Gerard is also a founder of the iconic Buddha Bar, which began as a single restaurant in Paris and has grown into a worldwide collection of luxury hotels, restaurants and spas, and is an active investor in real estate, fintech and other public and private equity. Arte is Gerard’s first Miami condominium and joins his prestigious roster of homes throughout the U.S., which includes a residence at Manhattan’s famed supertall skyscraper, 432 Park Avenue. As a world traveler with an appreciation for European sensibilities, Gerard was drawn to the Mediterranean-inspired lifestyle at Arte.
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