Pura Vida, Harry's Pizza And The Salty Coming To Miami Beach's Iconic Lincoln Road Despite Pandemic

As the retail industry worldwide continues to struggle amid the pandemic, Lincoln Road is once again demonstrating its resiliency. By putting all of its efforts towards ushering in a health and economic recovery at the onset of COVID-19, including creating unique and socially distant programming and aligning with brands that enjoy a local cult-like following, the Lincoln Road Business Improvement District is seeing a surge in foot traffic and new brands that want to establish a brick-and-mortar presence in the iconic shopping and entertainment district.

The latest dining concepts coming to Lincoln Road are Pura Vida, a fixture in Miami’s health-conscious dining scene, and The Salty, the artisan donut shop with one-of-a-kind flavors. Also opening on The Road are fine-art gallery Kush Fine Art, which has locations in Nevada, California and Hawaii; CBD experts Alter Native; heralded local optometrist Eyes Desire created by Dr. David Roth and Dr. Ashley Roth; and Kumpan Electric, purveyors of all things electric scooters.

In addition to these exciting new retailers, visitors can look forward to the previously announced restaurants and retailers coming soon to Lincoln Road, including Harry’s Pizzeria by James Beard award-winning chef Michael Schwartz; Amazon’s Flagship 4-Star Store; Yoyoso, the fashion and lifestyle brand hailing from China; and the first U.S. outpost of Colombian restaurant Andres Carne de Res, a unique concept that will mix delicious food with lively music, entertainment, and tableside theater.

“The Lincoln Road BID is incredibly excited and optimistic about the future of retail on Lincoln Road,” said Tim Schmand, executive director of the Lincoln Road Business Improvement District (BID). “The District is overflowing with new, unique concepts that have enhanced the outdoor experience for visitors as you shop, dine, stroll, and celebrate along Lincoln Road. Alongside collaborations with our district’s acclaimed performing arts institutions, our cafes and restaurants, our retail pop-ups, and our newly unveiled eight-block long botanic garden partnership with Fairchild Tropical Botanic Garden, these new retailers will help us continue ushering in a new, modern chapter for Lincoln Road.”

Record Breaking $15.06 Million Condo Sale Closes At Ocean House In South Of Fifth

A record breaking $15.06 million sale has closed at Ocean House in South Beach’s South of Fifth neighborhood. The all cash transaction was completed virtually with an additional two backup cash offers in place. Chad Carroll with Compass represented the undisclosed buyer. Paola Marulanda & Laura Roxanna Garcia with ONE Sotheby’s International Realty represented the seller. Ocean House is located at 125 Ocean Dr in Miami Beach.

Unit #U-0201 is a 5 bedroom, 5.5 bathroom residence spread over 6,009 square feet. The 2-story property was designed by the world-renowned Steven G. The residence features 30’ of glass that opens just steps from the private beach. Features 2 sunrise terraces, 1 sunset terrace, a movie theatre and a glass-encased wine vault plus a hidden home office.

Osteria Morini Miami Beach Opens In Finvarb Group's Recently Opened Kimpton Palomar South Beach

Award-winning New York-based Altamarea Group, the global hospitality company behind Michelin star-rated Marea and Ai Fiori, as well as Osteria Morini and Nicoletta brands, has officially opened Osteria Morini Miami Beach. The restaurant is located within the Kimpton Palomar South Beach, with a separate, waterside entrance along the Collins Canal on Alton Road. Conveniently nestled between the Sunset Harbour and West Avenue neighborhoods, Morini aims to appeal to locals in the Miami Beach community. Morini Miami Beach joins locations in New York City, Long Island, New Jersey and Washington, D.C.

“After a long search, we found the right balance of neighborhood, community and Miami vibe in this location, and we’re thrilled to finally open the doors of Osteria Morini Miami Beach,” said Ahmass Fakahany, Altamarea Group founder and CEO. “Morini is your year-round neighborhood restaurant, and we were very selective about choosing a location that appeals to residents while still catering to visitors and hotel guests. Our clientele spans the globe, and recently, many have moved south or visit often. They know they can count on Morini, and we look forward to introducing our quality and vibrant style of dining to those we haven't met yet.”

Altamarea Group partnered with Finvarb Group, the owner and developer of the Kimpton Palomar South Beach, to bring Osteria Morini Miami Beach to fruition.

“We're confident that through Kimpton's collaboration with Altamarea Group, along with our collective expertise in the South Florida market, we'll be able to create an amazing experience for hotel guests and Miami locals alike,” said Ronny Finvarb, principal of Finvarb Group.

Led by Corporate Executive Chef Bill Dorrler, who has launched all Morini restaurants, and Altamarea veteran Chef de Cuisine Julio Cesar Ramos, the menu highlights the soulful cuisine and convivial spirit of Northern Italy's Emilia-Romagna region with authentic, high-quality dishes in a warm, inviting atmosphere.

"We’re bringing many of Morini’s trusted favorites to Miami, and we’re excited to adapt part of our menu to align with the local vibe and Miami lifestyle with some new, lighter options as well," said Altamarea Group Corporate Executive Chef Bill Dorrler. "This is my fifth Morini opening, and Chef Ramos and I are particularly looking forward to incorporating Miami flavors and products – think locally caught seafood and the freshest Florida produce – creating the perfect balance of cuisine and cocktails."

Designed by New York City-based nusla design, the 3,700 square-foot space has an intrinsically ‘Miami-meets-New York’ feel that combines the rustic design of an Italian farmhouse with clean lines and floor-to-ceiling windows spanning the yacht-shaped building. The buildout features modern elements with red brick and wood to clad the walls and ceiling, and Morini’s trademark floating Italian Murano glass-domed lights that dot the dining room, creating a soft amber glow. The dining room has seating for 100, bar seating for 15 and al fresco dining on the canal-front patio space for 45. Private dining with seating for up to 20 is also available.

RFR Holding And Tricap Partnership Acquire 12 Units At W South Beach For $10.78 Million

A partnership between Aby Rosen and Michael Fuchs’ RFR Holding and David Edelstein’s Tricap, who also co-developed W South Beach, have closed on the purchase of 12 units at the iconic beachfront condo-hotel for $10.78 million. The acquisition was financed with a $6.9 million loan from Citibank and Deutsche Bank and brings the partnership’s holdings to 225 units at the condo-hotel and plans to roll the newly acquired units into the hotel program.

The seller was a group of entities tied to Ralph and Joseph Nakash who initially purchased the units in 2014/ 2015 for roughly $9.85 million. The Nakash family are the owners of Jordache Enterprises which owns the Versace Mansion and Setai Miami Beach Hotel.

The deal was in the spotlight in the summer of 2020 after the RFR and Tricap partnership nearly did not close on the units during the COVID-19 pandemic and sued for their deposit back. The dispute was reportedly solved amicably.

The 20-story, 408-key W South Beach was developed in 2009 and just underwent an eight-month, $30 million renovation. W South Beach is located at 2201 Collins Ave.

Monaco Yacht Club & Residences Drops Anchor To Celebrate Topping Off On Miami Beach

Monaco Yacht Club & Residences has topped off at 12-stories on Miami Beach after breaking ground February 2020. The milestone was celebrated by developer Optimum Asset Management USA, the exclusive sales broker Fortune Development Sales, and the general contractor Moss Construction. The project is slated for delivery at the end of 2021.

Monaco Yacht Club & Residences is located at 6800 Indian Creek Drive on Miami Beach and is an exclusive enclave of thirty-nine luxurious waterfront residences and a private marina in collaboration with two of the most recognized names in design, Piero Lissoni and Arquitectonica.

“Seeing Monaco Yacht Club & Residences come to life and now in its final dimensions is an especially proud moment,” said Matthew Barry, Managing Director of Optimum Asset Management USA. “The global response to the tower has been nothing short of compelling and a testament to its international appeal.  Now more so than ever before, buyers are recognizing the importance of having the intimacy of a full-service boutique building combined with the exclusivity of being located on one of the last remaining waterfront properties in the area.” 

Residences will be delivered fully-finished, each of the modern unit interiors were meticulously curated with precise attention to detail, inclusive of the refined Italian-made fixtures and finishes, with Arrigoni wide plank wood flooring from Austria.  The design palette of warm whites and rich woods for the lobby and the premier “Resident’s Lounge,” featuring a library and breakfast bar for leisurely waterfront dining designed to evoke a timeless, classic mood reminiscent of a luxurious Côte d’Azur summer resort.

“Luxury buyers from across the globe have been specifically seeking this project out for its boutique, full-service offering, unparalleled Bayfront location, and the rare opportunity to dock one’s boat in their very own backyard,” said Edgardo Defortuna, President and CEO of Fortune International Group, the project’s exclusive broker. “Combining the spectacular style and extraordinary talents of Piero Lissoni and Bernardo Fort-Brescia with an array of first-class services and amenities, Monaco Yacht Club & Residences celebrate the very best Miami Beach has to offer.”

Monaco Yacht Club & Residences will include one to four bedroom residences, ranging in size from 918 to nearly 5,000 square feet. A limited collection of two penthouses will offer expansive living areas, including private terraces with summer kitchens, starting at 2,888 square feet. Residences are primed for indoor/outdoor living and entertaining, the meticulously designed homes will feature expansive wraparound terraces, each with finished floors and ceilings with sweeping views of Biscayne Bay, the Atlantic Ocean and the Miami skyline.

Resort-style amenities include a breathtaking rooftop terrace with panoramic views of the Miami skyline featuring a pool with poolside chaise lounge chairs, Jacuzzi and shaded lounge areas with a grill for entertaining; as well as a state-of-the-art fitness center overlooking Biscayne Bay. Monaco Yacht Club & Residences also features a 12 slip marina available exclusively to residents, as well as a yachting concierge for maintenance needs, yacht charters or sailing, and fishing excursions for the day to the Bahamas, the Florida Keys or to enjoy the Atlantic Ocean.

Residences are priced from $1.1 million with exclusive sales and marketing overseen by Fortune Development Sales.

For more information about Monaco Yacht Club & Residences, private showings or purchasing/ leasing information please fill out the form below:

Tour GameStop Short Seller Gabriel Plotkin of Melvin Capital’s $44 Million North Bay Road Mega-Mansion

Melvin Capital’s Gabriel Plotkin has been in the news quite a bit recently after his hedge fund may have posted a loss in the billions in the stock market shorting GameStop. Plotkin made his first splash when he acquired the Choeff Levy Fischman-designed 6360 North Bay Road and 6342 North Bay Road on Miami Beach in November 2020 for $44 million. He then applied to demolish an 80-year-old home on the 6342 North Bay Road site to build a tennis court for the compound.

The residence at 6360 North Bay Road was designed by Choeff Levy Fischman and completed in 2018. The home offers the ultimate in waterfront living and year-round entertainment. eight-bedroom eight-bath main house, a four-bedroom four-bath guesthouse, and a cabana house. The ultra-luxe modern home was designed to blend the outdoors with inside with floor-to-ceiling glass sliding walls. The mansion is spread over 13,381 square foot with 2,700 square foot of covered outdoor space and a 3,000 square foot rooftop deck which offers sweeping panoramas of Biscayne Bay and sunsets over the water. The backyard features a resort-style mosaic glass pool, built-in spa, detached cabana house, and a summer kitchen. The 27,608 SF lot features a new 60’ pier dock and seawall with 112’ of waterfrontage.

Melvin Capital suffered serious losses after his short position in GameStop was targeted by members of the Reddit community Wall Street Bets. The group of retail traders pooled together to drive up GameStop’s market price and squeeze out short-sellers. Melvin Capital received a $2.75 billion bailout following the trading fallout from Ken Griffin’s Citadel and Steven Cohen’s Point72. Melvin Capital previously had $13 billion under management.

Photos via Felipe Ariano

For more information about 6360 N. Bay Road, private showings or purchasing/ leasing information please fill out the form below:

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The Amalfi Coast Comes To Miami Inside This Chic Italian Abode Owned By The Family Behind La Sirenuse

5600 La Gorce Drive brings a piece of Italy to Miami channeling the lively cliffside village of Positano. The home underwent an extensive 2-year renovation from the owners of the world famous hotel, Le Sirenuse, in the Amalfi coast. The charming home offers the simple pleasures of awe-inspiring elements tastefully curated from the eyes of its Italian owners. The elegance of the living space travels through the small details from the furnishings and light fixtures to the murals on the wall. Each room in the home comes with a unique flair, including the custom copper paneled kitchen and bold living room. Outdoors, find a covered patio and lap pool for basking in the warmth of the sun.  Lushly surrounded by tall hedges providing extreme privacy and dramatic west views of La Gorce Country Club, this home is the embodiment of chic. 5600 La Gorce Drive is listed for $4.3 million by Daniela Bonetti & Darryl Fox with ONE Sotheby’s International Realty.

For more information about 5600 La Gorce Drive, private showings or purchasing information please fill out the form below:

The Piero Lissoni Villa Collection At The Ritz-Carlton Residences Breaks Ground And Launches Sales

The Piero Lissoni Villa Collection at The Ritz-Carlton Residences in Miami Beach has just broken ground and launched sales. Lionheart Capital affiliate 4701 North Meridian LLC sold the villas development site to GFI Development Co. and the world-famous Italian architect Piero Lissoni will design the homes. The Residences will be ultra-luxurious single-family waterfront homes with dockage. The homes are part of The Ritz-Carlton Residences located in Mid-Beach where  the lake, ocean and waterway meet and just minutes from Downtown and South Beach.

“We are delighted to launch this superlative collection of Villas in this new year filled with optimism,” said Jay Phillip Parker, CEO of Douglas Elliman’s Florida Brokerage. “Miami is benefitting from a tremendous wave of buyers looking to reestablish here and The Piero Lissoni Villas offer a unique product that blends the amenities, service and lifestyle of a condominium with the privacy and control of a single-family home. This is all coupled with the exceptional Ritz-Carlton tradition of unrivaled service and quality for owners in an extraordinarily quiet neighborhood.”

The villas will be free-standing and two-stories tall for optimal privacy and space with interiors and exteriors fully designed by Piero Lissoni. Villas will range in size from three-bedrooms to five-bedrooms and feature a two-car garage, fenced yard, private infinity-edge pool and a landscaped waterfront.

“In collaboration with award-winning Miami architecture firm Choeff Levy Fishman Architecture and Design, Lissoni has envisioned each residence as its own concept, and has thought through every space, whether indoors or outdoors, to perfection—opening up the landscape with dramatically framed views that lead the eye to landscaped gardens and beyond. Lissoni has connected The Villa Collection at The Ritz-Carlton Residences, Miami Beach  inside and out so seamlessly, you will hardly know where your home ends and the gardens begin,” said Andy Ashwal of GFI Development Company. “The world-class design, personal services, location, and amenities of these 15 villas add up to one extraordinary way of life for an exceptional few.”

The Villas will include resort-style amenities including an art studio, 36 private boat slips, an on-site captained Frauscher day yacht, a half-acre rooftop pool deck with private cabanas, a poolside resident-only restaurant, a food forest community garden, a club room, waterfront social room and more. There will be a concierge service to help book beach access, the cinema-style screening room, fitness center, yoga room and meditation garden. The amenities are compliment of The Ritz-Carlton lifestyle of bespoke experiences with a high level of service known in the industry.

The Villa Collection at the Ritz-Carlton Residences are located at 4701 Meridian Avenue in Miami Beach. Pricing ranges starting from $4.375M. Exclusive marketing is by Douglas Elliman Development Marketing

For more information about The Piero Lissoni Villa Collection At The Ritz-Carlton Residences, private showings or purchasing/ leasing information please fill out the form below:

Aman Miami Wins Approval For Versailles Hotel Restoration In Miami Beach’s Faena District

The Miami Beach Historical Preservation Board approved the Aman Miami development by OKO Group’s plan for the restoration of the historic Versailles Hotel. This a big step forward for the art deco building in Miami Beach’s Faena District. Aman Miami will consists of 56 hotel rooms within the restored Versailles Hotel along with 23 boutique residences located in a new tower next door. The residences in the new tower will be designed by Kengo Kuma with the HP board vote of the proposed residential tower design coming up in February. Once the design is approved OKO Group can proceed with permits and construction.

The vote to approve OKO Group’s plan for restoration of the Versailles Hotel was supported by community members including Craig Robins of Dacra, Wendy Kallergis of the Greater Miami and Beaches Hotel Association, Tom Stern the Faena House Board President, and more. OKO Group also released a statement reacting to the vote:

“We appreciate that the Miami Beach Historic Preservation Board took time to understand how our vision for Aman Miami will benefit the Faena District and preserve the iconic Versailles Hotel while contributing to the local economy and elevating Miami Beach’s status as a global destination. The board’s favorable vote is consistent with the widespread support that Aman Miami has earned in the neighborhood and the Miami Beach community.

The development of Aman Miami will infuse the City with hundreds of millions of dollars in private investment, resulting in more than 400 new jobs for the community and millions of dollars in new property and resort tax revenues each year. Aman has a proud history of delivering high-end, low-impact properties which are respectful of their physical surroundings and the history and culture of their communities – including 13 resorts bordering UNESCO World Heritage Sites.

We will continue this tradition in Miami Beach as we restore the Versailles Hotel to greatness. We thank the members of the Historic Preservation Board for supporting what will surely become the most preeminent hotel and residential development in Miami Beach.”

Inside Stool Presidente, Dave Portnoy's $35K Miami Beach Rental At 1 Hotel & Homes

Take a look inside Barstool Sports Founder also known as “Stool Presidente,” Dave Portnoy’s lavish Miami Beach rental while he was in town visiting multiple Miami hot spots just days after announcing his fundraising efforts to help struggling small business owners. Portnoy’s “Barstool Fund” has recently hit $20M in less than one month, helping nearly 100 small business that have struggling due to the COVID-19 pandemic. Portnoy started the fund with his own $500,000 but other big name donors include Tom Brady, Guy Fieri and Kid Rock.

Unit 1440 at 1 Homes South Beach is listed for $38,000 per month by Richard Goihman and Neal Klotsman of Douglas Elliman, Portnoy was able to snag the unit for $35,000 as he occupied residence for a one month period in December till January.

The 3 bedroom, 3 bath unit features over 2,092 sq.ft. and is completely furnished and equipped by interior designs of Meyer Davis Studio, the unit is provided with housekeeping and concierge services by the hotel, which can include everything from pre-arrival pantry stocking to luxurious bathroom toiletries. Located directly on the ocean and centered in the heart of South Beach, enjoy 600 linear FT of beachfront, 4 pools, 14,000 sq.ft. fitness center and Bamford Spa.

While Portnoy was in town, he was spotted at Miami’s newest hot spot “Casa Tiki” on Calle Ocho and was treated to the New Year’s Eve celebration “Midnight in Paris” ringing in the New Year in style at David Grutman‘s Swan Miami, where rapper Meek Mill was spotted alongside Chris Brown, Tyga.