The Agency And The Agency Development Continue To Expand In South Florida

Just two months after Beverly Hills-based real estate brokerage and lifestyle company, The Agency, launched its operation in South Florida, it has announced the opening of its second and third locations and expanded its new development division, The Agency Development Group (TADG). The launch of The Agency will be celebrated at a private event at The Agency’s Boca Raton office located at 20 SE 3rd Street on Friday, February 1.

In addition to the Boca Raton flagship, The Agency now has offices at 20900 NE 30th Avenue in Aventura and 95 Merrick Park Way in Coral Gables. All three locales will be led by industry veterans Chris Franciosa and Jared Ringel, who together have sold more than $100 million of new development and resale product. Howard Elfman will take the helm as Managing Broker, while Oliver Ruiz will serve as Strategic Growth Manager. The elite team of agents from The Dustin Fealy Group, along with other top producers who recently joined The Agency, will be headquartered at the Coral Gables office.

“South Florida is a coveted market for The Agency, and the insatiable appetite for new development and luxury residential product across Miami-Dade, Broward and Palm Beach counties makes our expansion both timely and exciting as we further our footprint on the East Coast,” said Founder and CEO, Mauricio Umansky.

The Agency’s new development arm TADG has hit the ground running, having been selected to represent sales at 353 Sunset, Aventura Village and Bay Harbor One, three distinct and impactful projects located in Fort Lauderdale, Aventura and Bay Harbor Islands.

“The Agency Development Group is making a splash in South Florida and we are honored to have been chosen to represent such prestigious projects,” said Gina de Varona, Managing Director, TADG. “We currently represent some of the best-in-class new development projects around the world and are looking forward to adding more to our South Florida portfolio in due course.”

353 Sunset, developed by Weiner, Vollrath & Partners LLC, is a boutique collection of eight private, waterfront homes offering effortless turnkey living along the scenic Sunset Lake in Las Olas. Four residences remain available, featuring modern design and exceptional amenities including private, individually powered, deep-water yacht slips, with direct access to the Intracoastal Waterway and Atlantic Ocean, a private, heated lakefront pool situated amidst lushly landscaped grounds, and 150 feet of Sunset Lake frontage. Additionally, each residence has a dedicated, two-car, air-conditioned garage, direct elevator access and private elevator entry foyers located moments from the shopping, dining and entertainment of Fort Lauderdale’s thriving Las Olas Boulevard. The remaining residences are priced starting at $2,789,000.

Aventura Village, which was developed by Land Developers Group, is a gated residential community located in the heart of Aventura, just minutes from Aventura Mall. The project offers 96 townhomes and 12 residential loft studios with prices starting at $345,000. The residences include studio, two- and three-bedroom units with amenity access to a community garden, pool, playground, recreational area and private garden for residents. Units are scheduled to be completed by the end of 2019. TADG will also spearhead another project developed by Land Developers Group, Bay Harbor One. Located in sought-after Bay Harbor Islands, Bay Harbor One offers 36 residences with balcony bay views and amenities including a sky-view rooftop lounge, large swimming pool, and a fully-equipped recreational and wellness area. Pricing at Bay Harbor One residences starts at $870,000 and the building is scheduled for completion by Spring 2019.

Article by Katya Demina

Step Inside DJ Khaled's Miami Beach Waterfront Mansion Which Just Hit The Market For $7.99 Million

DJ Khaled has officially listed his waterfront Miami mansion, decked out with the music producers own personal designs and a custom sneaker room, for a cool $7.99 million. Khaled spent over $2.5 million remodeling the four-story, 5 bedroom, 6 bath Mediterranean estate to include 14k gold chandeliers with Swarovski crystals, beautiful open spaces with floor to ceiling windows, an elevator, dramatic foyers, granite staircase, a wine room, gourmet chef’s kitchen plus a master suite with a sitting area and veranda with water views. The master-suite features a massive sneaker closet with his signature slogan “WE THE BEST” printed on the closet floor with the capacity for over 500 shoes. The lushly landscaped outside features a stunning tropical pool and spa overlooking the bay where Khaled has played host to many parties for his friends, Jay Z and Rihanna included; as well as multiple outdoor lounge areas and summer kitchen! The home is listed for $7.99 million by Janet Ben Zvi of ONE Sotheby’s International Realty.

Photo via Life Style Production Group for ONE Sotheby’s

For more information about DJ Khaled’s mansion, private showings or purchasing/ leasing information please fill out the form below:

The 1.2 Million SF Zyscovich Architects-Designed Aventura ParkSquare Receives TCO

Aventura ParkSquare has received its Temporary Certificates of Occupancy (TCO) from Miami-Dade County as the mixed-use projects gears up to open to residents and commercial tenants. Aventura ParkSquare is being developed by Integra Investments and was revealed in 2014 before breaking ground in 2016. The project was designed by Zyscovich Architects and the 7.4 acre project, which is located at Waterways Boulevard and NE 207th Street, is designed to promote a walkable lifestyle with ground floor activity and a shaded, interior main street pedestrian promenade. The project includes 1.2 million SF of total development spread over 5 buildings featuring a 9-story office and condo building, a 45K SF medical center, a 207-key Aloft Hotel, a senior housing building and a parking garage. Tenants include Starbucks, Doc B's, Barry's Bootcamp, and Delicious Raw Kitchen and Juice Bar. 

One Sotheby's International Realty Recruits Star Agent Vivi Wolak As New Global Real Estate Advisor

ONE Sotheby’s International Realty announced the newest addition to their real estate team in a statement released last Friday. Vivi Wolak, luxury star and Latin American specialist, joins ONE Sotheby’s with close to a decade of experience in the industry and nearly $100 million in sales under her belt. Vivi’s experience spans a number of South Florida’s most sought-after areas including Sunny Isles, Aventura and Brickell and she is eager to take her expertise to the next level by strategically aligning with ONE Sotheby’s.

Wolak’s career began with pre-construction development sales, where she became a well-established and top producing agent in South Florida year after year, while simultaneously building a strong cultural reputation. Specifically, she built her rapport among the Brazilian community, in addition to being fluent in English, Spanish, and Hebrew. Her new role will involve representing buyers and sellers from around the world as a Global Real Estate Advisor. With this position, Vivi will not only have a wide-reaching network to her advantage, but she will also have the prestigious name of ONE Sotheby’s International Realty behind her.

“Vivi has earned a remarkable reputation both regionally and globally, and we are thrilled to welcome her to our growing power team,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “Vivi’s passionate approach to quality client relationships truly exemplifies ONE Sotheby’s’ core values. Coupled with her impressive track record and deep network with the Latin American market, she will be a vital addition as we continue to expand our reach.” Vivi Wolak’s strong work ethic, passion and trusted relationships have resulted in her international recognition and rapid rise to success.

Article By: Katya Demina & Alison Kupin 

Closings Begin At Privé at Island Estates In Aventura Despite Pending Litigation

Privé at Island Estates in Aventura has begun closings despite pending litigation. The luxury condo project has seen it all from a court ruling that a sidewalk built through homeowners properties as an easement was illegal to Dara Clarke, a resident whose property was used possibly used for the sidewalk, staging a sit-in that ended up in her and her husband driving a Porsche and BMW through freshly poured concrete and the couple ending up in jail. Privé at Island Estates is nearly 80% sold and has received a temporary certificate of approval (TCO) for the first tower with the second tower expected to receive its TCO soon. The towers first topped off in the fall of 2016. Privé at Island Estates features 160 luxury condo units with a total sellout of about $500 million. Pricing starts at $2.1 million and 2,585 SF. 

Privé at Island Estates is being developed by Gary Cohen and BH3. The 16-story, 2 tower project was designed by Sieger Suarez Architects with interiors by Steven G.The development offers five-star resort-style amenities with 70,000 SF of public space, including a 10,000 SF gym and spa in each tower, a full-circuit running path tracing the shoreline of the island, outdoor summer kitchens and dining terraces, a private jetty, 2 expansive lap pools, a poolside café, wine and cigar rooms, a tennis court, multiple pools, jacuzzis, and a private marina; all located on an 8 acre island.

Premium Developer Group Launches Oppenheim-Designed Office Condo Sales at Emerald Aventura

Premium Developer Group has launched sales of their new Oppenheim Architecture-desiged, office-condo, Emerald Aventura. The contemporary office building will be located at 2655 Northeast 186th Terrace and is reportedly 30% sold. Emerald will feature 120,000 SF of total development with 40,000 SF of leasable office space with 6 conference rooms, 2 balconies, a rooftop garden and 132 parking spaces. CBRE and Miami Real Estate Group are handling leasing for the project. Premium Developer Group is expected to break ground in early 2018 with delivery in 2019. 

Legal Drama Ramps Up at Privé a Court Rules Sidewalk Built Through Homeowners Properties As Easement is Illegal

The legal drama at Privé at Island Estates as Circuit Court Judge William Thomas has ruled that the sidewalk, built through homeowners’ properties, is illegal. Thomas ruled that the sidewalk, which was built as a "utility easement," is illegal and is trespass. The multi-year legal battle, which began in 2014, has pinned Aventura homeowners neighboring Privé against developers Gary Cohen and BH3. Privé features 2 luxury condo towers with 160-units situated on a private, 8-acre island located at 5000 Island Estates Drive. Delivery was expected in late November 2017 after the towers topped off at 16 stories in the fall of 2016. The towers are over 75% sold with over $350 million in sales. The legal drama began in 2013 when the neighboring Homeowners Associations sued the developers when construction began on the condo towers, claiming that they had agreed to only build single-family homes. A hearing will be set to determine the damages against the developers as homeowners move to have the sidewalk removed. Maxim Capital and Prophet Capital Asset Management financed the project with a $102 million loan, which added to a $25 million loan first provided by Maxim Capital. Tour the unit renderings from Privé at Island Estates Reserve Collection.  

Turnberry Associates & LeFrak Close on $101 Million in Financing for SoLeMia in North Miami

Oleta Partners LLC, a partnership between real estate bigwigs LeFrak and Turnberry Associates, has secured a $101 million HUD-insured loan from Wells Fargo for their North Miami development SoLeMia. SoLeMia will ultimately be a 183-acre master-planned community around a 10-acre lagoon with beaches. The entire development will take over 10 years to complete and will feature 4,300 residential units, retail, entertainment and recreation.  The first phase of development will include 2 luxury apartment towers featuring 400 rental apartment units. The buildings will overlook Sunny Isles, Oleta State Park, Biscayne Bay and the Atlantic Ocean. Amenities include pool, rooftop deck/sky lounge, community rooms, a business center, a fitness center, and automated package rooms. The residences will reside next to a SoLēMia as a whole is planned to tally over 4,300 residential units and a town center, which will include shopping, dining, a hotel, and entertainment venues. The entire project is expected to take to a decade to complete.

Privé at Island Estates Powers Towards Completion With 3 Units Going Under Contract For $15 Million

Privé at Island Estates is reporting strong sales as the two luxury towers power towards completion and are just weeks until opening. 3 units, including a penthouse and a unit from the Reserve Collection B, have sold, totaling $15 million. The penthouse is part of the B Collection and spans 4,446 SF of interior space and over 2,500 SF of terrace. The unit features a private, 24' rooftop swimming pool and summer kitchen, 15' floor-to-ceiling glass offering panoramic views of Sunny Isles skyline, bay and ocean as well as a slip in Privé's private marina. Reserve Collection B residence spans 6,200 SF, a 130' long terrace and a 21' center kitchen island. 

Privé at Island Estates offers five-star resort-style amenities with 70,000 SF of public space, including a 10,000 SF gym and spa in each tower, a full-circuit running path tracing the shoreline of the island, outdoor summer kitchens and dining terraces, a private jetty, 2 expansive lap pools, a poolside café, wine and cigar rooms, a tennis court, multiple pools, jacuzzis, and a private marina. Privé at Island Estates is nearly 80% sold and is under development by BH3 development. The 16-story, 2 tower project was designed by Sieger Suarez Architects with interiors by Steven G. The towers topped off in the fall of 2016 and feature 160 luxury residences with pricing starting at $2.1 million. Enjoy the drone video tour of Privé's model unit and renderings below. 

Legion, A Multi-Phase Special Area Plan, Proposed for Miami's Upper Eastside

Legion, a multi-phase Special Area Plan, has been proposed for Miami's Upper Eastside. Global City Development has submitted their proposal to the UDRB as they seek to obtain a Special Area Permit due to the 9-acre minimum requirement under Miami 21 zoning code in order to combine their land with the city owned Legion Park. Stantec is the proposed architect on record and a letter from Global City Development's legal team explained the two phase project proposal:

"Phase 1 of the Project incorporates the redevelopment of the 3.58 acre property, including the main structure and surrounding areas, that have been used by the American Legion to provide support services to U.S. veterans. Specifically, Phase 1 proposed the development of a 5-story building consisting of approximately 237 residential units and 435 parking spaces, along with the creation of a significant civic space type. As part of Phase 1, the existing American Legion use will remain at the property and will include new facilities that will allow the American Legion to continue to perform these important Civic functions.

Phase 2 of the Project seeks to redevelop the vacant land and existing apartment building that were originally constructed between 1940 and 1976 to the west of Phase 1 with a new mixed—use building consisting of three residential towers ranging between 115 feet to 176 feet in height with 476 residential units, 30,300 SF of ground floor commercial, uses, covered plazas and other civic-space types. The Project will also ultimately integrate the abutting Legion Park and the proposed ground floor plazas, restaurants and retail uses through the creation of a new Thoroughfare (NE 65th Street) and the optimization of the NE 7th Avenue and NE 64th Street Thoroughfares to activate the pedestrian environment, promote walkability and connectivity to the Waterfront, and improve vehicular circulation throughout the area. The inclusion of the abutting Legion Park will also permit the Applicant to further enhance the public open spaces and green areas for the residents of the neighborhood."