ONE Sotheby's International Realty Launches Luxury Podcast Series
ONE Sotheby’s International Realty has launched the ‘The New Luxury’ Podcast Series. The leading luxury brokerage along Florida’s East Coast created the podcast to give their sales agents valuable insights, strategies and ideas through informative and inspiring discussions.
ONE Sotheby’s International Realty has launched the ‘The New Luxury’ Podcast Series. The leading luxury brokerage along Florida’s East Coast created the podcast to give their sales agents valuable insights, strategies and ideas through informative and inspiring discussions. ONE Sotheby’s International Realty will invite leaders from some of the world’s most iconic and emerging luxury brands to discuss the innovative ways in which they are navigating this ever-evolving marketplace. Episode 1 will feature Mayi de la Vega, founder and CEO of ONE Sotheby’s International Realty.
“We are constantly looking for new ways to effectively connect with our agents,” said de la Vega. “Our sales associates are always on the go, visiting properties and meeting clients. A podcast offers an energizing avenue to share new ideas, and give agents access to some of the luxury world’s most influential minds.”
Other confirmed speakers for Season 1 include Glenn Gonzales, founder and CEO of Jet It; Janice O’Leary, Executive Editor of Robb Report; and senior executives from brands such as Shinola and Holman Motorcars. Season 1 will also feature Daniel de la Vega, President of ONE Sotheby’s International Realty, who will discuss the global appeal of branded residences.
“Featuring luxury perspectives beyond real estate is key,” said Isadora Badi, Senior Vice President of Marketing at ONE Sotheby’s International Realty. “That brings diversity of thought to the show. We are looking to other industries for new strategies and technology and then connecting the dots with lessons we can apply to our own business.”
Podcasts have boomed in popularity in recent years. Over 78% of Americans are familiar with podcasting and more Americans listen to podcasts than have Netflix accounts. Monthly podcast listeners have grown 61.5% in the past 3 years.
How to Listen/Subscribe:
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-new-luxury/id1603758456
Spotify Podcasts: https://open.spotify.com/show/0CT4T5GgrLeioBgtWDgRV8
iHeart Radio Podcasts: https://www.iheart.com/podcast/269-the-new-luxury-91279781/
OMNY Show Page: https://omny.fm/shows/the-new-luxury
This article was produced in partnership with ONE Sotheby’s International Realty
Château Group Sells SkyVilla Residence For $13 Million At Château Beach Residences, Sunny Isles Beach
Château Group has sold their lavish SkyVilla Residence complete with a private rooftop pool at the ultra-luxury boutique building Château Beach Residences, Sunny Isles Beach. The developer delivered the fully finished residence at the record-setting price of $13 million dollars to a longtime building resident owner.
Château Group has sold their lavish SkyVilla Residence complete with a private rooftop pool at the ultra-luxury boutique building Château Beach Residences, Sunny Isles Beach. The developer delivered the fully finished residence at the record-setting price of $13 million dollars to a longtime building resident owner.
The unit spans the entire 24th floor and a section of the 25th floor of the building, featuring 4 bedrooms, 7.5 bathrooms, a separate oceanfront master suite wing and a massive great room, perfect for entertaining. The unit has almost 8,500 square feet of interior space and a wrap-around terrace of over 2,400 square feet with its own private outdoor pool.
The only remaining residence is the Signature Penthouse spanning almost 10,000 square feet over two levels, double height ceilings, a 2,500 square feet master suite, an impressive great room and a private swimming pool overlooking the ocean. This one-of-a-kind residence is delivered move-in ready with exclusive high-end finishes and Italian furnishings.
Château Beach Residences is located on the prime oceanfront at 17475 Collins Avenue in Sunny Isles Beach. Comprising only 81 units, the boutique property offers an impressive lobby, a beach restaurant and bar, fitness center, spa, wine room, concierge services, among other top-line amenities.
The signature curvilinear silhouette of the tower, crafted by Château Group, is a standout on the horizon – a design uniquely inspired by the tower’s prime location overlooking the ocean and the Intracoastal Waterway, as well as the rolling dunes of the adjacent beach.
“Our residents have been praising the end-result of the thoughtful and detailed work that has gone into creating and delivering this project,” said Manuel Grosskopf, CEO of Château Group. “The building’s longstanding success, as well as this most recent triumph, have been a testament to the residents’ recognition of a high-quality project paired with high-level of service.”
Since the start of 2019, there has been an uptick in sales activity in the Sunny Isles Beach area, showing a complete shift in the market during the pandemic. For jet-setting CEO’s, top executives, and VIPs, South Florida seems to be the ultimate destination. At Château Beach Residences each resident enjoys luxury hotel-level concierge services, from cleaning and turndown services to transportation to and from the airport, tickets to the most sought-after shows, restaurant reservations, private curated events, all the way to groceries securely stored in their refrigerator.
“The most high-profile buyers in the world have been purchasing homes in this condominium, knowing that the services, amenities, architecture, and design exceeded every expectation.” Added Grosskopf.
Château Beach Residences, Sunny Isles Beach Amenities:
Related Group And Merrimac Ventures Launch The Crosby Miami Worldcenter Condo With No Rental Restrictions In Downtown Miami
A JV between Related Group, one of the nation’s most prolific developers, and Merrimac Ventures, a leading South Florida-based real estate investment and development firm, have launched sales of The Crosby Miami Worldcenter. The 31-story tower set within Miami Worldcenter mixed-use development will deliver 450 turn-key residences, free of rental restrictions.
A joint venture between Related Group (Related), one of the nation’s most prolific developers, and Merrimac Ventures, a leading South Florida-based real estate investment and development firm, have launched sales of The Crosby Miami Worldcenter (The Crosby). The 31-story tower set within Downtown Miami’s $4 billion 27-acre Miami Worldcenter mixed-use development will deliver 450 turn-key residences, free of rental restrictions. Groundbreaking is targeted for the first quarter of 2023 and delivery in the first quarter of 2025.
“The sales launch of The Crosby comes during a period of immense activity for Miami’s real estate market, with Downtown Miami one of the key beneficiaries,” said Nick Perez, SVP of Related. “Buyers are looking for multiple ways to live and invest, and The Crosby allows them to do both within the city’s most notable address, Miami Worldcenter.”
The Crosby is aimed at a new generation of buyers seeking attainable, flexible living in the core of one of the world’s most sought-after cities.
“Our vision for The Crosby at Miami Worldcenter will capture significant appetite among domestic and international buyers in the market for residential product in the heart of Downtown Miami,” said Nitin Motwani, Managing Partner of Merrimac Ventures. “Our team at Merrimac is looking forward to joining forces with Related on what will be a transformative residential development at the center of Miami Worldcenter’s ‘city within a city’ setting.”
The Crosby was designed as a collaboration between South Florida-based architecture firm CFE Architects, and New York-based interior designers AvroKO. Together, the duo created an urban oasis that that balances the calmness of a retreat with the energy and vibrancy of its surroundings.
Residence floorplans are designed to fit a range of lifestyles, spanning studio, one- and two-bedroom residences, which range from 350 to 825 square feet. Each turn-key home curated by AvroKO comes complete with open living areas, gourmet kitchens with state-of-the-art appliances, a spa-inspired master bath and smart home technology including keyless entry. Balconies feature 180- and 360-degree views of Downtown Miami.
Owners have access to over 22,000 square feet of amenity spaces spanning multiple floors. Amenities include a fitness and wellness center with saunas and plunge pools and a dedicated space for yoga and mat workouts; a spacious coworking center designed for solo or group work; and a clubroom featuring billiards, a theater and a private dining area for exclusive chef events and tastings. The Crosby will also feature museum-quality art in nearly every space, indoor and out.
Outside, owners and residents will enjoy a resort-style rooftop pool deck with a jacuzzi, poolside chaises, an Italian-inspired trellis garden and outdoor grills.
Pricing starts in the $300,000s with OneWorld Properties, led by CEO Peggy Olin, as the exclusive sales partner for The Crosby.
“OneWorld Properties has sold over 1,500 units in Downtown Miami alone, so we’re extremely in-tune with the market and the wants/needs of those looking to live and invest there. The Crosby checks all the boxes and more, so we look forward to working with Related and Merrimac to deliver a successful sellout.” Said Olin.
The Crosby is the latest residential offering within Miami Worldcenter, the $4 billion, 27-acre mixed-use development transforming the heart of Downtown Miami. As the second largest urban development in the U.S. after Hudson Yards, the ‘city within a city’ features a diverse mix of residential, commercial and hospitality uses complemented by approximately 300,000 square feet of retail, restaurant and entertainment space.
Miami Worldcenter occupies 10 city blocks within walking distance of the city’s top museums, parks, sports venues, dining and various other entertainment options, including Museum Park, home to the Pérez Art Museum Miami and the Frost Museum of Science; FTX Arena; the Adrienne Arsht Center for the Performing Arts; and Miami Dade College’s Downtown Miami campus. It is also adjacent to Brightline’s MiamiCentral Station, which offers direct train service to Fort Lauderdale and West Palm Beach – together with access to TriRail, the Metromover and the Metrorail – making Miami Worldcenter the largest and most connected transit-oriented development in Florida.
For more information about The Crosby Miami Worldcenter, private showings or purchasing/ leasing information please fill out the form below:
First-Ever MetaReal Mansion Under Construction In Both Miami And The Sandbox Metaverse
The first ever MetaReal mansion is currently under construction in both Miami in real life and in the Metaverse and is expected to fetch millions when it goes to auction. Meta Residence, ONE Sotheby’s International Realty and Voxel Architects have aligned to build and sell the first real-world mansion using NFT technology.
The first ever MetaReal mansion is currently under construction in both Miami in real life and in the Metaverse and is expected to fetch millions when it goes to auction. Meta Residence, ONE Sotheby’s International Realty and Voxel Architects have aligned to build and sell the first real-world mansion using NFT technology. The luxury mansion is being constructed in Miami with a virtual counterpart coming to life inside of The Sandbox metaverse. The purchaser of the NFT asset will also acquire ownership rights of the physical home.
“We are building a rare lifestyle experience that blurs the lines between the metaverse and reality,” said Gabe Sierra, President of the joint venture. “Never before has a project like this been delivered, and we are proud to offer the buyer of this NFT a once-in-a-lifetime opportunity to own the first MetaReal mansion ever created.”
Located on a 1+ acre within one of Miami’s most sought-after neighborhoods, the 11,000 square-foot home will feature 7 bedrooms and 9 bathrooms. The virtual version will be a mirror image of the property. Michael Martinez with ONE Sotheby’s International Realty is the exclusive sales agent for the project and plans to execute the transaction on the Ethereum blockchain. The metaverse mansion is expected to list for auction in 2022 with a yet to be disclosed reserve price.
“Being able to leverage my expertise to pair a homeowner with real and virtual property is something I never imagined being a part of, it’s exhilarating,” said Martinez, the top agent at ONE Sotheby’s International Realty. “We look forward to finding a buyer for this spectacular property and being involved in a momentous deal in this new era of homeownership.”
The joint venture has also acquired the equivalent of over 40 acres in the metaverse for future projects which may include homes, as well as commercial properties, marketing, and gaming endeavors.
“As a company we push boundaries and constantly evolve with the changing dynamics of the industry—always on the cutting-edge of real estate, art and technology. We believe that the metaverse will play a role in the future of real estate in one way or another,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “This deal represents a bold move to support our clientele where the real and virtual worlds converge, and we look forward to presenting the property to our unrivaled global network.”
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using $SAND, the main utility token of the platform. The Sandbox offers a wide range of exploration across its metaverse, consisting of 166,464 unique pieces of LAND, each belonging to a user. The Sandbox was founded in 2011 and has partnered with 60+ companies to develop content based on their IPs on the platform, including brands like Square Enix, ATARI, The Smurfs, Care Bears, and more.
Jake Paul and Logan Paul Revealed As Purchasers Behind E11EVEN Residences Beyond Penthouses Asking $20.5 Million Each
Jake and Logan Paul have been revealed as the purchasers of two penthouses atop the planned E11EVEN Residences Beyond condo tower in Downtown Miami. Jake Paul and Logan Paul are social media and YouTube personalities who turned into professional boxers.
Jake and Logan Paul have been revealed as the purchasers of two penthouses atop the planned E11EVEN Residences Beyond condo tower in Downtown Miami. Jake Paul and Logan Paul are social media and YouTube personalities who turned into professional boxers. In 2021 Logan Paul faced boxing legend Floyd Mayweather Jr. in an exhibition match. The penthouses are 3 bedroom, 3.5 bathroom residences that are currently asking $20.5 million each. The penthouses include an outdoor kitchen and plunge pool. It was not revealed how much each paid. Other celebrity buyers include WNBA star Candace Parker, ESPN co-host Sage Steele and MMA fighter Luke Rockhold.
E11EVEN Residences Beyond is being developed by E11EVEN Partners and PMG. Rising 65 stories, E11EVEN Residences Beyond offers a highly exclusive, "members only" experience designed to cater to high profile buyers who seek the VIP, entertainment-driven lifestyle of E11EVEN Hotel & Residences and the privacy of a private condominium. Units range from 318-square-foot studios to 993-square-foot two-bedrooms, as well as a presidential collection ranging from 1,167 to 2,762 square feet and penthouses starting at 2,213 square feet, totaling 461 luxury residences.
Designed by Sieger Suarez Architects, E11EVEN Residences Beyond boasts private amenities available only to residents in the tower. They include a helipad, a resort-like sun lounge deck with 93-foot pool, a state-of-the-art fitness center and fully staffed executive office suites. E11EVEN Residences Beyond buyers will also have access to the first tower’s amenities, including the Chopra Spa & Studio, day club, beach club, gourmet food hall, and sports lounge. A private, access-controlled walkway bridge will provide residents direct entry. Owners will also enjoy exclusive access to E11EVEN Residences Beyond Members Social Club.
Starting in the mid $300,000, or the equivalent cryptocurrency rate, all interiors and residences are fully furnished and finished by award-winning design firm AvroKO. Each features custom imported ITALKRAFT millwork and cabinetry, including fully-integrated kitchens and bathrooms with custom countertops and backsplashes and fully built-out closets in the master bedrooms featuring all shelving and drawers pre-installed for absolute convenience. Subzero and Wolf appliances and finishes and flooring selections curated by AvroKO ensure that each residence offers supreme form and function. PMG's smart home technology system will offer unprecedented efficiency through seamless personalization with the touch of a button that includes integrated audio, video and lighting systems.
Penthouse and presidential collection residences feature expansive outdoor terraces with top-level audio systems, towering 8-foot interior doors, upgraded custom ITALKRAFT kitchens with marble countertops and Sub-Zero wine storage, a midnight bar in each master suite, motorized roller shades, and expansive views of the Miami skyline, Biscayne Bay and Atlantic Ocean. Owners of these exclusive units enjoy access to the building through a private lobby entrance.
Taking luxury and style to even greater heights, the penthouses feature fully finished & custom interior layouts to be selected under one-on-one consultation with PMG’s in-house interior architectural design team and include marble flooring throughout the interiors and floor-to-ceiling impact-resistant windows.
PMG Residential is the sales team for the project, led by Raquel Kaufman alongside team members Pablo Rodriguez, Reiner Perez, Adam Freeman, Liza Hernandez and Lauren Negrin.
The first phase of the project comprises 375 turnkey residences. Each unit comes equipped with fully-integrated “smart building” features and 24/11-style amenities, including celebrity-chef dining experiences throughout the property, a casino-style sports lounge, an E11EVEN Members rooftop experience, and a world-class Chopra Spa & Studio wellness center curated by Dr. Deepak Chopra. E11EVEN Hotel & Residences Miami is a lifestyle experience and destination, the first of its kind in the United States. Completion is expected for the first tower in 2023.
E11EVEN Partners is led by Michael Simkins, Marc Roberts, and Dennis DeGori, who own the neighboring E11EVEN Nightclub. PMG is led by Managing Partners Ryan Shear and Kevin Maloney.
E11EVEN Hotel & Residences and E11EVEN Residences Beyond are two of the first pre-construction condos to accept cryptocurrency as a deposit through a first-time-ever real estate partnership with FTX, the world’s leading cryptocurrency exchange.
E11EVEN Hotel & Residences is located at 29 NE 11th Street and E11EVEN Residences Beyond will be located on the same block at 90 NE 11th Street.
For more information about E11EVEN Residences Beyond or E11EVEN Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below:
Related Group, Integra Investments Announce The St. Regis Residences, Miami, Ushering In New Golden Age For South Florida
A partnership between Related Group and Integra Investments have announced plans for The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline. The two-tower property is set at the pinnacle of design, combining the talents of Robert A.M Stern Architects (RAMSA) and Rockwell Group.
A partnership between Related Group and Integra Investments have announced plans for The St. Regis Residences, Miami, an uncompromising new condominium set to redefine Miami’s skyline. The two-tower property is set at the pinnacle of design, combining the talents of Robert A.M Stern Architects (RAMSA) and Rockwell Group spearheading architecture and interiors, respectively. The 354 bespoke residences set across both towers will offer an equally sophisticated experience. Homes will range from a 1,300 sf one-bedroom to a 7,000 sf duplex, with prices starting at $2,000,000. The project has a sell-out expected to exceed $2 billion.
“Miami is truly coming into its own and Brickell is at its epicenter,” says Jon Paul Pérez, President at Related. “Much like the first St. Regis hotel solidified New York City as the global hub for culture, commerce and society 100+ years ago, our plans for this property cement Brickell as an international metropolis for a new era of connoisseurs.”
Located at 1809 Brickell Avenue, the residential development will offer an everyday hotel-inspired living experience, complete with historic five-star service. Owners will enjoy lifestyle offerings worthy of the legendary St. Regis name, offering over 55,000 sf amenity areas – from an indoor lap pool to the iconic St. Regis Tea Room – as well as the brand’s signature Butler service and curated assortment of iconic rituals. Never-ending views of Biscayne Bay’s turquoise waters, rounds out the picture-perfect package.
“Miami has reached a new level of prestige, solidifying its position as one of the world’s most desirable places to live, work and play,” said Nelson Stabile, Principal at Integra. “Given the insatiable demand for top-tier residential product, we feel the market is ready for a bespoke building of this caliber—a masterpiece with an elevated lifestyle experience that only the iconic St. Regis brand can deliver. We are sparing no expense to make this the definitive Miami address.”
St. Regis Hotels & Resorts has set the standard for glamour and sophistication for more than a century. The original St. Regis New York City property, which opened in 1904, has long been a destination among the world’s elite, including cultural icons such as Andy Warhol, Salvador Dalí and Marilyn Monroe. With its new Miami entry, St. Regis continues its legacy of being at the bleeding-edge of luxury and culture.
The sales gallery for The St. Regis Residences, Miami is expected to open early next year. Reservations will begin in January, with official sales slated to begin early 2022. Sales and marketing are being overseen by ONE Sotheby’s International Realty.
For more information about The St. Regis Residences, Miami,, private showings or purchasing/ leasing information please fill out the form below:
The St. Regis Residences, Miami is not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). 1809 Brickell Venture, LLC uses the St. Regis marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made about the project.
Fortune International Group And Oak Capital Launch The Ritz-Carlton Residences, Pompano Beach
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway.
Fortune International Group and Oak Capital have launched The Ritz-Carlton Residences, Pompano Beach, the first luxury address in Pompano Beach. The highly-amenitized property will offer 205 residences and over 35,000 square feet of resort-style amenities with stunning views of the Atlantic Ocean and Intracoastal Waterway. The Pompano Beach Residences mark the fourth property between the development team and world-renowned brand, which is a testament to the two powerhouse developers’ success and the demand for a never-before-seen residential experience in Broward County.
Set to revolutionize luxury living from sunrise to sunset, the highly amenitized property is the first ever to offer two distinct towers, Beach Tower on the pristine sands of Pompano Beach to the east and Marina Tower with an intracoastal experience and private marina to the west. The collection of 205 residences will be complemented by legendary Ritz-Carlton service.
“The Ritz-Carlton Residences, Pompano Beach will serve as an exquisite, landmark property for the area, elevating the standard of living in Broward County indefinitely,” said Edgardo Defortuna, President and CEO of Fortune International Group, “Fortune International Group is thrilled to work alongside such an esteemed brand once again after a wonderful experience developing The Ritz-Carlton Residences, Sunny Isles Beach. We anticipate similar success in Pompano Beach as we deliver a new level of sophistication, unparalleled service and attention to detail to the area, which the brand is so distinctly commended for.”
Interiors and lush landscape design for The Residences have been meticulously curated by world-renowned designer Piero Lissoni with architectural design by Revuelta Architecture International. The private, residence-only property allows Owners to uniquely experience the best of both worlds on the beach and the Intracoastal Waterway.
The Ritz-Carlton experience enlivens the senses and fulfills even the unexpressed wishes and needs of residents who will enjoy an endless array of specialized, curated services. The property will also include Guest Suites available exclusively for friends and family of residents with access to services and amenities.
“Our development will undeniably be the preeminent project in Pompano Beach for many years to come,” said Ricardo Dunin, Founder and CEO of Oak Capital. “I am incredibly excited to develop my third property with The Ritz-Carlton and to join forces once again with Piero Lissoni, with whom I completed The Ritz-Carlton Residences, Miami Beach. Additionally, The Ritz-Carlton Residences, Pompano Beach mark the first project to be launched under my new company, Oak Capital, and my first project together with Fortune, whose quality of work I’ve always admired. I am convinced that the combined experience of the team will result in a project that will surpass everyone’s expectations.”
The 32-story Beach Tower offers a prime location on the sands of Pompano Beach with 250 feet of ocean frontage on 2.25 acres of land. A selection of 117 oceanfront residences, including two penthouses, range in size from one to five bedrooms, spanning 1,309 to over 6,824 square feet.
The 14-story Marina Tower provides an equally stunning location just across the street from Beach Tower, overlooking 250 feet of waterfront between the Intracoastal Waterway and Pompano Beach’s South Ocean Boulevard. The tower offers 88 residences with sunset views, including four penthouses, which range in size from one to four bedrooms, spanning 917 to 3,947 square feet.
Intended as an extension of resident living space, the two towers offer an expansive array of over 35,000 square feet of curated amenity space. The property is set to enrich the lives of residents across five pillars -- Marina, Beach, Wellness, Entertainment and Dining -- providing unique experiences from sunrise to sunset. The Residences will offer a Marina Yacht Club with a private resident marina, an oceanfront Beach Club, sports courts, tropical pool decks, indoor-outdoor social areas, on-premise dining, and much more to further enhance the overall living experience.
Further highlights within each fully-finished residence include spacious floorplans boasting ocean and intracoastal views, Italian-designed kitchens with top-of-the-line appliances, laundry rooms with full-size washer and dryer, walk-in closets in all master bedrooms, and service quarters in select residences. Penthouses feature lush garden terraces, a luxurious private pool, a summer kitchen and stunning 360-degree views of the Atlantic Ocean.
Fortune International Sales is the exclusive sales and marketing team for The Residences, with homes priced from $1 million and completion slated for 2025.
The Ritz-Carlton Residences, Pompano Beach are located at 1380 S. Ocean Blvd. in Pompano Beach, Florida.
For more information about The Ritz-Carlton Residences, Pompano Beach, private showings or purchasing/ leasing information please fill out the form below:
The Developers of One Thousand Museum by Zaha Hadid Architects Pay Off $90 Million Inventory Loan Following Miami Art Week Sales
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit.
The developers of One Thousand Museum by Zaha Hadid Architects have paid off a $90 million inventory loan following a successful Miami Art Week 2021 which saw two units sell for a combined $30 million. A local buyer from Miami purchased a full-floor unit and a foreign buyer purchased a sky townhouse unit. One Thousand Museum is now 90% sold after 76 of the developer units have now been sold. Three furnished developer units remain.
The condo inventory financing was secured March 2021 from Cirrus Real Estate Partners after a Reuben Brothers-led venture, who had bought out the remainder of Fortress Investment Group’s stake in the debt behind the development, had filed a foreclosure lawsuit against the developers. Fortress Investment Group had initially provided a $225 million construction loan in 2016, half of which was later acquired by the Reuben Brothers-led venture, before a portion was paid back by the developers and the property was refinanced by Cirrus Real Estate Partners.
“Satisfying our $90 million loan in eight months comes during a buying frenzy and Miami’s high season, which we expect to take One Thousand Museum to sellout quickly,” said Louis Birdman, co-developer of One Thousand Museum. “Alongside Cirrus Real Estate Partners and our long-time collaborators at ONE Sotheby’s, we’re proud to conclude another chapter in this iconic building.”
“As a testament of the recent success leading to the loan payoff, during Art Week alone, our sales team inked two large sales totaling more than $30 million,” said Kevin Venger, co-developer of One Thousand Museum.
“One Thousand Museum is a unique and iconic property that will be enjoyed by its residents and a significant part of the downtown Miami skyline for years to come, said Joseph McDonnell, Managing Partner for Cirrus Real Estate Partners. “We are extremely pleased that the capital solution we provided to the sponsor group of One Thousand Museum facilitated the property performing to its full potential and, consequently, such quick repayment of our investment. Working with the developer group has been a pleasure and we look forward to collaborating with them again in the near future.”
One Thousand Museum was developed by Louis Birdman, Kevin Venger, Gilberto Bomeny, Gregg Covin and Todd Michael Glaser. The tower officially debuted August 2019 as one of the country’s most anticipated condominiums, with its striking exoskeleton instrumental to becoming the most iconic and identifiable tower in Downtown Miami. The tower was the designed by the late Zaha Hadid and was her first residential skyscraper in the Western Hemisphere. The unique tower features an exoskeleton which was made from glass fiber reinforced concrete imported from Dubai.
One Thousand Museum rises 62-stories and offers 84-units. The building’s luxe lifestyle and exclusive amenities are among its most desirable attractions including a private rooftop helipad, making it Miami’s only residential building accessible via its own private airport. One Thousand Museum is also the first residential building in the world to partner with Forbes Travel Guide to create a hospitality-focused experience for residents and their guests on par with the finest hotel in the world.
Additional amenities include a Sky Lounge for dining and private events; an on-premise bank vault; nearby private Beach Club, Museum Beach; access to a house car service, 1KM wellness center featuring state-of-the-art equipment by Techno-Gym, a Spa with relaxation pods and private treatment rooms for spa services and the Aquatic Center featuring an indoor lap-pool at the 61st Floor.
Photography by Robin Hill Photography
The South Tower Is Now Sold Out At The Estates At Acqualina
The Estates at Acqualina, the $1.8 billion residential development located in Miami's Sunny Isles Beach, has announced the sellout of the South Tower featuring 154 exquisite residences ranging from 3,200 to 5,600 square feet. In addition, it will feature two single-family homes and two, two-story penthouses ranging from 6,225 to 9,000 square feet, all with private swimming pools.
The Estates at Acqualina, the $1.8 billion residential development located in Miami's Sunny Isles Beach, has announced the sellout of the South Tower featuring 154 exquisite residences ranging from 3,200 to 5,600 square feet. In addition, it will feature two single-family homes and two, two-story penthouses ranging from 6,225 to 9,000 square feet, all with private swimming pools.
The ultra-luxury development is on track with the South Tower completion in the 1st quarter of 2022. There are a limited number of choice residences remaining in the North Tower, which will feature 91 residences when it opens in the 2nd quarter of 2022.
Through an exclusive partnership with one of the world's most celebrated designers, the entrance lobbies in the South and North Towers at The Estates at Acqualina were designed by none other than the late Karl Lagerfeld. Mr. Lagerfeld's design and style will further enhance the grandeur of two of the most important spaces at The Estates.
The Estates at Acqualina will offer 245 luxurious residences from three to seven bedrooms. Villa Acqualina, situated between the North and South Towers, will feature 45,000 square feet of amenities, including the New York-based Avra restaurant, a health and fitness sanctuary called AcquaFit, and Circus Maximus, an entire floor of magical amenities including an ice skating rink, bowling lanes, a golf simulator, a Formula One simulator, a movie theater, and a Wall Street Trader's Club room.
The grounds of The Estates' 5.6 acres will offer lush landscaped gardens, multiple pools, a FlowRider® wave simulator, a basketball court, a bocce court, a dog park, a soccer field, a beachfront restaurant, and five-star beach and pool services. Also available will be a 24-hour valet, 24-hour security services, a full-service resident concierge, and a house Rolls-Royce car.
The Estates benefits from its sister developments, Acqualina Resort & Residences on the Beach and The Mansions at Acqualina. The legendary service by Acqualina Resort & Residences, a Forbes Five Star and AAA Five Diamond Hotel and TripAdvisor's #1 Beachfront Resort in the United States, ensures that The Estates at Acqualina delivers ultimate perfection and a unique experience on every level.
Only a few choice residences are still available in the North Tower. Four and five-bedroom residences from $9.2M to $10.7M. Penthouse prices upon request.
Sales Gallery Address: 17895 Collins Avenue, Sunny Isles Beach, Florida
Telephone: (305) 933-6666
Website: www.EstatesAtAcqualina.com
PMG Reveals Sky Collection At Waldorf Astoria Residences Miami
PMG has revealed the Sky Collection at Waldorf Astoria Residences Miami, a luxury supertall on Downtown Miami’s Biscayne Boulevard. Situated nobly above the clouds, the exclusive Sky Collection at Waldorf Astoria Miami is adorned with the most pristine, modern and luxurious touches synonymous with Waldorf Astoria’s legacy, reimagined for a home that exceeds even the highest of expectations.
PMG has revealed the Sky Collection at Waldorf Astoria Residences Miami, a luxury supertall on Downtown Miami’s Biscayne Boulevard. Situated nobly above the clouds, the exclusive Sky Collection at Waldorf Astoria Miami is adorned with the most pristine, modern and luxurious touches synonymous with Waldorf Astoria’s legacy, reimagined for a home that exceeds even the highest of expectations. In collaboration with conceptual artists Carlos Ott and Sieger Suarez Architects, along with the brilliant minds at award-winning design firm BAMO, the team of visionary experts joined forces to craft a home that defies design tradition by paving a new path with unbridled elegance.
The Sky Collection is located within the eighth cube of the 100-story, 1,049’ tower. Sky Collection residences range from 2,454 square feet to 3,575 square feet and start at $4.9M. Sky Collection residences include primary suites with five-fixture en suite bathrooms, and media and entertainment breakout spaces. Residences will offer vast scenic views from floor-to-ceiling windows, french balconies and expansive terraces with summer kitchens. Down to the smallest details and finishes, each and every drop of this unit has been considered with the utmost of scrutiny and concern. BAMO has scoured the globe to source only the most coveted and brilliant textiles for floors, walls, countertops and beyond.
The Waldorf Astoria Residences Miami is located at 300 Biscayne Boulevard and is being developed by PMG, Greybrook Realty Partners and Mohari Hospitality, S2 Development. The soaring tower will rise 100 stories and 1,049 feet above Biscayne Bay as the tallest residential building south of New York City, offering expansive unobstructed views and a new architectural wonder in South Florida. This tower marks the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Miami market.
The property will consist of 360 private residences as well as 205 guestrooms and suites within the five-star hotel. Signature spaces will include Peacock Alley; a specialty restaurant; indoor/outdoor pre-function and function spaces; meetings and boardrooms; a resort-style pool deck with private cabanas; and a spa and fitness center. Construction is estimated to begin in March 2022 with completion in 2025.
Sales for the Sky Collection are led by PMG Residential.
Images via ArX Solutions
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