Cipriani Residences Miami Completes the Largest Foundation Pour in Brickell This Year

Miami-based developer Mast Capital has completed the largest mat foundation concrete pour in Brickell this year for Cipriani Residences Miami, the brand’s first-ever ground-up residential offering in North America. Flowing continuously for approximately 16 hours, the uninterrupted pour reached 11,500 cubic yards of foundational concrete with 2,500 tons of reinforcing steel. The pour, led by Moss Construction, also sets a record for the largest to date on South Miami Avenue – one of the neighborhood’s most bustling corridors. Completion is slated for 2028. Sales and marketing efforts for the project are handled exclusively by Fortune Development Sales, with prices beginning at $1.7 million.

"'Reaching this milestone with the completion of the mat foundation pour is a remarkable achievement in our journey to bring Cipriani Residences Miami to life,” noted Camilo Miguel, Jr., Founder and CEO of Mast Capital. “It represents not just a significant phase in the development, but also the dedication and precision of the entire team. This pour lays the foundation for what will become one of Brickell’s most iconic addresses, further solidifying our commitment to excellence and the timeless Cipriani standard of luxury.'"

Designed by Arquitectonica, Cipriani Residences Miami is set to be a new landmark anchoring the southern end of Brickell at 1420 South Miami Avenue. The tower will offer 397 sophisticated residences with interiors meticulously crafted by world-renowned design firm 1508 London that will harness the distinguished style and world-class service of Cipriani.

"A concrete pour of this scale demands meticulous coordination across multiple teams, and it’s a testament to the dedication and collaboration of everyone involved," said Luis Hidalgo, Senior Vice President of Moss Construction. "Managing the logistical complexity of over 50 team members and 750 truckloads of concrete over a 20-hour period highlights the expertise and commitment of our team. We’re honored to contribute to such an iconic development in the heart of Brickell, and we look forward to bringing the Cipriani Residences Miami vision to life."

Rising 80 stories into the skyline, Cipriani Residences Miami will be among the tallest new developments rising in Brickell. On the top 18 floors of the tower will be an exclusive assemblage of 68 ultra-luxury residences and six penthouses, coined The Canaletto Collection. Residents of the collection will receive priority access to the tower’s private speakeasy, exclusive global concierge services from BHB Concierge and custom for-purchase furniture packages and upgraded interior finishes designed by 1508 London. Direct elevator entry and a limited number of residences per floor provide the utmost privacy to residents and their guests.

The residential lifestyle at Cipriani Residences Miami is complemented by a 50,000-square-foot suite of hotel-inspired amenities. Catering and in-residence dining by Cipriani will be offered around-the-clock, while dining services will extend to the private restaurant and reservable dining spaces, a private speakeasy and the elevated resort deck, exclusive to residents and their guests. Additionally, there’s a robust wellness offering including a fully equipped state-of-the-art fitness center, spinning room, a holistic spa, ice plunge, and sauna. Cipriani Residences Miami also offers a golf simulator, pickleball court, screening room, library, salon, elevated private dog park, children’s playroom and à la carte services like plant care, away-from-home maintenance, pet grooming and walking, luxury house limousine transport within a three-mile radius, in-residence spa treatments, personal training and more.

Renderings via The Boundary

For more information about Cipriani Residences Miami or to inquire about purchasing a unit please fill out the form below:

Michael Liebowitz Appointed Chairman and CEO of Douglas Elliman Inc.

Michael Liebowitz has been appointed as the new Chairman and Chief Executive Officer of Douglas Elliman Inc., following the retirement of Howard M. Lorber. The announcement was made by the real estate brokerage firm, which praised Lorber for his strategic vision and years of dedication in making Douglas Elliman the premier real estate firm in the country. Liebowitz previously served as the Board Director at Douglas Elliman Inc.

“Douglas Elliman is an iconic brand, and I am honored to be appointed as Chairman and CEO to lead the Company into its next chapter of growth and diversification,” said Mr. Liebowitz. “With a strong balance sheet, robust pipeline of projects in our Development Marketing business, and the competitive advantages provided by our dedicated team of world-class agents, I am confident that Douglas Elliman’s brightest days are ahead. We look forward to continue executing on our strategic vision, building on the Company’s industry-leading position and maximizing shareholder value.”

Liebowitz, a seasoned business executive with a background in founding and acquiring businesses in the insurance and financial industries, brings a wealth of experience to his new role. Over the past 25 years, he has been involved in acquiring or founding companies such as Harbor Group Consulting LLC, National Financial Partners Corp., and Innova Risk Management. He currently serves as Chairman and CEO of Nocopi Technologies Inc.

Liebowitz has also served as President and CEO of the Harbor Group Division of Alliant and High Street Valuations, until their acquisitions by Alliant. He has previously held positions on the boards of Ladenburg Thalmann Financial Services Inc. and The Hilb Group. Additionally, Liebowitz has experience in the real estate industry and is currently working on redeveloping the Mondrian South Beach Hotel in Miami, a property he has owned since 2019.

Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman”) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Connecticut, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology (“PropTech”) solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.

Image via Douglas Elliman

PMG Reveals Newly Designed Sage Intracoastal Residences Fort Lauderdale

National developer PMG has revealed the newly designed Sage Intracoastal Residences Fort Lauderdale, a boutique condominium property nestled along 200 linear feet of Fort Lauderdale’s Intracoastal waterway. Now rising 28 stories, the 44 elegantly appointed residences will display enhanced privacy, with just two units per floor and a doubled distance away from neighboring buildings. The property will also offer an expanded outdoor amenity space with new amenities added and a larger focus placed on wellness, as well as increased access to unobstructed views of the Intracoastal and Atlantic Ocean that are perpetually protected by the Bonnet House Museum & Gardens.

Interior spaces at Sage Intracoastal Residences Fort Lauderdale are curated by acclaimed interior design firm BAMO, whose notable projects include Waldorf Astoria, Four Seasons, Rosewood and The Peninsula select properties. Sales start at the mid $3 millions, with PMG Residential as the sales team with Nir Perets, Jaime Cristancho, and Ron Laviv exclusively representing sales.

“Continuing our commitment to maximizing the residential experience, we are excited to reveal this new iteration of Sage Intracoastal Residences to the Fort Lauderdale waterfront,” said Ryan Shear, managing partner at PMG. “We are very pleased to present our talented team of brokers and our community of buyers with a design that will not only maximize the benefits of this unique Intracoastal location but also amplify the serenity and privacy felt within each residence year-round. We are confident its expert craftsmanship and expanded offerings will further establish this property as a premier Fort Lauderdale destination.”

Designed by Fort Lauderdale-based FSMY Architects, Sage Intracoastal Residences Fort Lauderdale will feature fully finished three-bedroom plus den, and four-bedroom private residences from 3,185 square feet. These boutique condominiums will also showcase a thoughtfully curated array of over 19,000 square feet of world-class, private indoor and outdoor amenities, including a newly expanded wellness circuit. Emphasizing the building’s commitment to delivering an extraordinary wellness-focused lifestyle, this circuit will center around the Sage Wellness Spa, a tranquil space equipped with steam, sauna, and cold plunge areas, private treatment rooms, private his and hers lockers, and a relaxation area with outdoor terraces. Additionally, residents will have access to a state-of-the-art fitness studio with the latest high-tech exercise equipment, a movement studio, and a yoga lawn.

Beyond wellness, Sage Intracoastal Residences Fort Lauderdale will now present residents with a larger outdoor amenity space, allowing them to reap more of the benefits of their stunning waterfront location. Outdoor amenities include an expanded jacuzzi, a spacious waterfront resort-style pool with a cafe and lounge area, a grilling station with dining tables, a water view bar and lounge, and private luxe cabana suites. Indoors, residents will now have access to a state-of-the-art golf simulator.

Each expertly crafted residence at this boutique property will be equipped with the finest finishes and features to deliver a truly harmonious residential experience. These include soaring 10-foot ceiling heights, Italian kitchen cabinetry custom-designed by BAMO, floor-to-ceiling energy-efficient and impact-resistant glass sliding doors and windows to maximize natural light, expansive private terraces with summer kitchens and clear glass railings for unobstructed views, custom Italian entry and interior doors, smart home technology, high-end appliances, midnight bars in primary bedrooms, and more. The Sage Penthouse Collection will extend further luxury and convenience to buyers through the inclusion of taller residential ceiling heights and private rooftops with summer kitchens and plunge pools.

Services available to residents include a private residential porte cochere with 24-hour valet service, a 24-hour front desk concierge, doorman, sports equipment storage, house bicycles, a dog run, dog walking services, package delivery, and valet parking. Sage Intracoastal Residences Fort Lauderdale will also feature the latest in smart-building technology, as well as semi-private elevators and private elevator foyers for each residence.

With more than 33 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $11B in assets with impeccable attention to execution and detail. After successfully introducing the Sage brand into Florida’s west coast with Sage Longboat Key Residences, PMG’s expansion into Fort Lauderdale will seamlessly extend its wellness-focused luxury to the tri-county area. Other notable current condominium projects from by PMG include 111 West 57th Street in New York City; E11EVEN Hotel & Residences & E11EVEN Residences Beyond, One Twenty Brickell Residences, One West Twelve Residences, West Eleventh Residences, Waldorf Astoria Hotel & Residences and The Elser Hotel & Residences in Miami; as well as One Park Sarasota and One Park West on Florida’s west coast.

Renderings via ARX Creative

For more information about Sage Intracoastal Residences Fort Lauderdale or to inquire about purchasing a unit please fill out the form below:

Six Michelin-Starred Chef Michael White Set to Open MIKA at The Plaza Coral Gables

Six Michelin-starred Chef Michael White, creator and founding chef of Marea, one of New York City’s most esteemed restaurants, is set to open MIKA, his first standalone restaurant in Florida. Located in Miami’s Coral Gables, the restaurant’s menu will feature his classic Riviera style while celebrating South Florida’s exceptional bounty of local seafood and produce. Nestled within The Plaza Coral Gables, the new placemaking neighborhood destination for upscale shopping, dining and entertainment, MIKA will open its doors later this year.

MIKA will feature White’s classic Riviera style while celebrating South Florida’s exceptional bounty of local seafood and produce. The menu will include innovative carpaccio-style crudos, exceptional handmade pastas, and perfectly grilled proteins paired with some of White’s most legendary dishes like langoustine carpaccio, fusilli with octopus and bone marrow, and rosemary sea salt bistecca alla fiorentina.

While White is known for his fine dining, MIKA will be a fresh concept that unites his skillset with a focus on humble hospitality. As a result, the restaurant will be an inviting and sophisticated neighborhood restaurant offering unapologetic food in a convivial setting.

White has teamed up with partners Alex Pirez -- founder of the luxury design-development firm Mocca Group and a restaurant investor responsible for Major Food Group’s Miami expansion -- and Matt Safchik – a seasoned food and beverage operator from Miami -- to bring this new culinary experience, MIKA, to Coral Gables. The partnership trio chose Coral Gables because it was an opportunity to serve a truly local audience and contribute to this burgeoning pocket of the local food culture.

Chef Michael White is a culinary icon whose journey has earned him six Michelin stars — including a coveted two-star rating at Marea, where he perfected his signature style of coastal cooking informed by nearly a decade spent living and cooking in Italy and studying classic culinary techniques.

A prodigy of his craft and dedicated disciple of Mediterranean coastal cuisine, White is known for his menus that celebrate the bounty of the Mediterranean Riviera drawing inspiration from the coasts of Italy, France and beyond. Awarded almost every significant recognition in the industry, his accolades include: Six Michelin stars, a three-star New York Times review and James Beard Award. Throughout his legendary career, he has helmed the kitchens at some of the most respected restaurants in the country including Spiaggia, Fiamma Osteria, Alto, Convivio, Osteria Morini and Ai Fiori.

Faena Reveals New Riverfront Cultural District In Miami With Landmark Residential Project

Faena, the globally acclaimed lifestyle brand, is expanding its unique vision from Miami Beach to the heart of Miami through a multi-phase cultural district, set within the only 14-acre private park along the Miami River. The Faena District Miami River will be anchored by the FAENA RESIDENCES MIAMI, a landmark riverfront project, designed by the world-renowned Rafael Viñoly Architects. As one of the final works of the late Viñoly, this project embodies his architectural legacy, contributing to the iconic cityscapes he shaped worldwide.

Featuring 440 exclusive residences across two striking riverfront towers, connected by a two-story 45,000-square-foot cultural epicenter, FAENA RESIDENCES MIAMI will be a testament to Faena’s dedication to excellence and innovation, set to become a defining element in Miami’s dynamic skyline.  Developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, FAENA RESIDENCES MIAMI will be located at 90 SW 3rd Street. Sales are set to begin in Q4 of 2024.

“Building on the legacy we established in Miami Beach, our vision for this project is to create a community rooted in our core values—blending artistic expression, cultural immersion, wellness, and innovative design,” said Alan Faena. “This new Faena District on the river embodies the true essence of Faena in one of Miami’s most vibrant neighborhoods, offering Miami's first fully resident-centric design aimed at enhancing well-being and elevating the experience of happiness.”

The Faena District Miami River will extend over three blocks and will include curated cultural spaces, wellness facilities, a marina, recreational areas, and public art. FAENA RESIDENCES MIAMI will play a pivotal role in enhancing the area, enriching Miami’s cultural fabric, and strengthening ties to the Miami Beach Faena District. The development will foster community and creativity expanding access to cultural experiences for residents.

Renderings via Binyan Studios

For more information about FAENA RESIDENCES MIAMI or to inquire about purchasing a unit please fill out the form below:

Related Group and Tricap Top Off NoMaD Residences Wynwood, The First Residential Concept from NoMaD Hotels

Leading real estate developer, Related Group, together with Manhattan-based developer Tricap, held a “topping off” ceremony for NoMad Residences Wynwood, the first residential concept by global hospitality icon NoMad Hotels and its parent company, Sydell Group. Located in the heart of Miami’s vibrant Wynwood Arts District, the nine-story condominium tower has over 80% of residences already under contract. Beauchamp Construction is managing the build, with completion slated for Q4 2025.

Crafted by the renowned Arquitectonica with interiors by DesignAgency, NoMad Residences Wynwood presents an exceptional collection of 329 fully furnished homes, from stylish studios to elegant two bedrooms. Designed to embody the luxury that defines the NoMad brand, the tower features breathtaking floor-to-ceiling windows, private balconies and premium finishes. With no rental restrictions, owners can enjoy the flexibility to rent out their homes effortlessly, with a dedicated in-house management team that expertly manages guest check-ins and check-outs.

“The topping off of NoMad Residences Wynwood marks a significant step in delivering a truly unique lifestyle experience that reflects the creative spirit of this neighborhood,” said Nick Pérez, President of Related Group’s Condominium Division. “As we get closer to welcoming our first residents to the NoMad brand’s debut residential project, we’re excited to see our vision come to life and play a part in shaping Wynwood’s future as a destination for art, culture and sophisticated urban living.”

NoMad Residences Wynwood’s appeal extends beyond its luxurious homes, offering the public access to world-class food and beverage experiences. Highlights include the signature rooftop restaurant and NoMad Bar, led by James Beard Award-winner Leo Robitschek, and Casa Tua Cucina, a high-end open-kitchen concept serving Italian and Mediterranean dishes. Residents and guests can also enjoy five-star resort-style amenities, including a rooftop lounge with panoramic views, a fully serviced pool with private cabanas, a state-of-the-art fitness lounge, and the NoMad Library and Lounge, which hosts curated events and shared workspaces. Additional features include a card room, private dining room and museum-quality art from the Jorge M. Pérez Collection displayed throughout the building.

Nestled in a vibrant, walkable community, residents of NoMad Residences Wynwood are just steps away from an eclectic art scene, trendy boutiques and lively nightlife. With over 70 art galleries, luxury shops and MICHELIN-starred restaurants nearby, a rich cultural experience is available. The iconic Wynwood Walls, adorned with large-scale murals by renowned artists, enhance the neighborhood's creative atmosphere, making the project’s location a haven for those seeking an inspired urban lifestyle.

Pricing for available homes at NoMad Residences Wynwood begins in the $600,000s. Fortune Development Sales is the exclusive sales partner.

Images via TAMZ

For more information about NoMaD Residences Wynwood or to inquire about purchasing a unit please fill out the form below:

Check Out This Waterfront Compound in Miami Beach Which Sold For A Record Breaking $22.954 Million

Miami Beach’s Biscayne Point neighborhood has just witnessed a record-breaking sale, with a compound at 1470 Daytonia Road fetching a staggering $22.954 million. This sale has set a new benchmark for the area, doubling the previous record for the island.

Spanning across three combined lots totaling 33,750 square feet along the bay, this expansive estate offers the ultimate waterfront lifestyle. Boasting over 14,000 square feet of livable space, the property features six bedrooms, two dens, eight and a half bathrooms, a media/movie room, and a wine room capable of holding 250+ bottles.

Designed by Sardinas Architects, the home features double height windows that flood the interiors with natural light, while the interiors by B Pila Design Studio showcase intricate details such as terrazzo floors with custom mosaic. The gourmet kitchen is equipped with top-of-the-line Miele appliances, an industrial fridge and freezer, and a subzero fridge.

The outdoor area is equally impressive, with 225 linear feet of water frontage, a covered terrace, dual spiral staircases, a summer kitchen with a BBQ, a pool, and two docks that can accommodate up to a 160-foot yacht. Additionally, the estate includes two garages and a driveway that can hold up to 30 cars.

The seller was represented by Gaby Chariff and Carlo Dipasquale with Compass, while the buyer was represented by Dina Goldentayer with Douglas Elliman. Both parties declined to comment on the sale. This sale underscores the high demand from high net worth individuals for combined properties and large estates in the Miami Beach area.

Images via Legendary Productions

Terra and Lion Development Group Launch Sales For Jean-Georges Miami Tropic Residences, Michelin-Star Chef's First Residential Building

Co-developers Terra, led by David Martin, and Lion Development Group, led by Michael Simkins, have launched of sales for Jean-Georges Miami Tropic Residences. Located at 3501 NE 1st Avenue, at the nexus of Miami Design District and Midtown Miami, the building signifies Jean-Georges Vongerichten’ first foray into residential real estate. Designed by Arquitectonica with interiors by internationally acclaimed design studio Yabu Pushelberg, the 48-story tower will include 329 condominium residences and 27,500 square feet of retail at the ground floor. Douglas Elliman is exclusively handling sales for the project.

“We’re thrilled to be partnering with Jean-Georges and look forward to introducing a first-of-its-kind lifestyle offering which celebrates the tropical living of South Florida while creating a true cosmopolitan experience at the center of Miami’s cultural hub,” said David Martin, CEO of Terra. “Miami Tropic residents will enjoy exceptional amenities, design and culinary experiences at their fingertips in addition to walkable, convenient access to Miami’s most distinctive and desirable neighborhoods.”

Jean-Georges Miami Tropic Residences features over 41,000 square feet of indoor and outdoor amenities thoughtfully designed for wellness, gathering and entertainment. The building's ground floor will house Jean-Georges' abc kitchens, a blend of his popular plant-forward restaurant abcV, Latin concept abc cocina, and abc kitchen. Taste is everything at Miami Tropic, and beyond high-quality craftsmanship and finishes, its future residents will have access to everything from beautifully designed gardens to culinary experiences by Jean-Georges, hospitality-driven services and resort-style offerings.

“Miami Tropic represents a longtime dream of mine to open residences that blend my culinary passions with my interest in creating lifestyle spaces,” said Jean-Georges Vongerichten. “We are proud to partner with David Martin on this new venture, whose expertise we value very much, and look forward to collaborating once again with Yabu Pushelberg to bring our first residences to life.”

Designed to provide a curated suite of holistic experiences, Jean-Georges Miami Tropic Residences’ unique environment is meant to be imaginative, engaging, reinvigorating, and fun. The building’s lobby is immersed with tropical foliage while a private drive-up, porte-cochere offers convenient valet parking. Residents will have access to a podcast recording studio, an indoor-outdoor private dining room, a chef’s kitchen, bar and lounge, as well as outdoor recreation spaces with ping pong tables and a squash court. The wellness offering includes a juice bar, salon, and spa with treatment rooms and cold plunges. In addition to the restaurant by Jean-Georges, a private dining room and bar on the rooftop provides another ideal environment for entertaining, while the resort-style pool with private cabanas, landscaped gardens, outdoor theater, and outdoor kitchen and lounge provide moments for gathering and connection.

Miami Tropic’s architecture by Arquitectonica and interior design by Yabu Pushelberg seamlessly blends the urban tapestry of art and culture to form strong connections between the building and the people who live there. The tower's sustainably-minded architecture (Florida Green Building Design with Silver Certification) features a modern, glass façade with distinct layers and lush landscaping integrated at its base. The interiors, designed by the acclaimed BoF 500 design studio Yabu Pushelberg, offer an overwhelming sense of calm through verdant greenery, textured fabrics and natural materials. Known for their global portfolio of work including the Aman Residences, Tokyo, Edition Hotels in London, Miami, New York, and Jeddah, The Londoner in Leicester Square and La Samaritaine, Paris, among others, George Yabu and Glenn Pushelberg previously collaborated with Jean-Georges to design The Fulton by Jean-Georges in New York City.

"It has been a joyful, collaborative journey working with Terra and Jean-Georges," shared Glenn Pushelberg, co-founder of Yabu Pushelberg. "Having lived in Miami, we've witnessed the Design District's dynamic transformation firsthand. We are inspired to contribute to this pedestrian-friendly neighborhood with Miami Tropic where the city's lush, tropical environment blends with its vibrant culture," added George Yabu, co-founder of Yabu Pushelberg.

Catering to the sophistication and spontaneity of Miami buyers, Yabu Pushelberg’s interior design for Jean-Georges Miami Tropic Residences explores the intersection of joy and refinement, redefining luxury living by embracing exuberance and charm. Yabu Pushelberg placed an emphasis on light, openness, and spatial design, reflecting Miami’s unique ability to cultivate spaces that are both stimulating and tranquil. The interiors integrate shades of green and natural woods and stones, such as diabase, found in the tropics, similar to how Miami’s lush environment effortlessly blends with its art and culture-driven urban landscape. To pay homage to the Design District’s dynamic architecture, Yabu Pushelberg incorporated moments of bold, playful texture throughout Miami Tropic’s interior spaces and integrated artworks of bold color and adventurous compositions, quietly yet powerfully evoking the lush tropics.

In the residences, floor-to-ceiling glass windows flood with natural light and strengthen residents’ connection to the surrounding city. Each home offers one of two distinct color palettes: dawn, reflecting the delicate hues of early morning light, and dusk, evoking tranquility and sophistication through evening-inspired hues. Yabu Pushelberg worked closely with Jean-Georges to ensure the residential kitchens were intentionally crafted to be both functional and compelling with an expansive kitchen island, providing a culinary stage as the room’s focal point. The dawn-palette kitchens feature Crema Marfil marble countertops, orange-brown ceramic tile backsplash, warm champagne metal accents, and Italian wood cabinetry in a beachwood finish. The dusk-palette kitchens boast Green Diabaz stone countertops, dark blue ceramic tile backsplash, rubbed metal accents, and Italian wood cabinetry in a dark finish.

"We're excited to partner with David Martin and Terra on another joint venture and look forward to aligning our shared vision with Jean-Georges, Yabu Pushelberg and Arquitectonica in bringing this building to life. At Lion Development Group we specialize in world-class, community-based development projects such as Jean-Georges Miami Tropic Residences, blending hospitality, entertainment, technology, culture and the arts," said Michael Simkins, CEO of Lion Development Group.

Prominently situated on the border of Miami’s Design District in proximity to Wynwood and Midtown, Jean-Georges Miami Tropic Residences will provide future residents convenient, walkable access to luxury retail, dining, art, and culture. These colorful few blocks are accented by the artful storefronts of luxury retailers, eye-catching sculptural and architectural works like Sol Let Witt Sculpture Garden, Fly’s Eye Dome, and Daniel Toole’s Jade Alley, as well as immersive cultural experiences such as the Institute of Contemporary Art and BlackTower Gallery. The Design District is also a short walk to multiple parks and playgrounds, many of them bayfront, including Paraiso Park Paraiso, Martell Park, Roberto Clemente Park, Stearns Park and Albert Pallot Park.

Renderings via The Boundary

For more information about Jean-Georges Miami Tropic Residences or to inquire about purchasing a unit please fill out the form below:

Naftali Group Reveals The JEM Sky Villas With Interiors by FENDI Casa at JEM Private Residences

National real estate developer Naftali Group has revealed JEM Sky Villas with Interiors by FENDI Casa, two luxury penthouses designed with signature FENDI Casa collections. Perched atop the luxurious JEM Private Residences in the heart of downtown Miami, these residences will seamlessly blend high fashion interior design with the art of living. OneWorld Properties is the exclusive brokerage for these exquisite sky villas, each priced from $8 million.

“We are excited about this special collaboration with FENDI Casa on the JEM Sky Villas. We look forward to bringing this limited collection of residences to downtown Miami,” said Miki Naftali, chairman and CEO of Naftali Group. “The JEM Sky Villas signify the evolving landscape of upscale living in this dynamic city, with each villa showcasing FENDI Casa's exceptional craftsmanship and meticulously designed furnishings at the crown of JEM Private Residences.”

The JEM Sky Villas with interiors by FENDI Casa offer spacious floor plans ranging from 5,083 to 5,277 square feet. Each villa includes four bedrooms, four and a half bathrooms, a library and a wraparound terrace, allowing residents to take in the breathtaking views of Miami's vibrant downtown and Biscayne Bay. One of the residences is also equipped with a hot tub adorning its expansive terrace. FENDI Casa's renowned blend of elegance and contemporary style is profound within the thoughtfully designed, beautifully furnished residences including luxurious materials and craftsmanship.

“Collaborating with FENDI Casa to design and curate each space at the JEM Sky Villas has been a remarkable experience of craftsmanship and creativity,” said Danielle Naftali, Executive Vice President of Marketing, Sales + Design for Naftali Group. “Inspired by FENDI’s rich heritage in Rome, with the FENDI Casa team we hand-selected and custom-finished each piece to complement the lifestyle that these residences offer. Every detail has been chosen to create a harmonious blend of high-end design and refined living, giving residents a truly unique and elevated experience in the heart of downtown Miami."

The custom nature of the designs was curated to provide a special experience for the JEM Sky Villas, symbolizing how each of the penthouses are truly unique like the ‘JEMs’ within the crown of the building. The details were carefully selected, down to each piece of fabric and finish. Showpieces like the FENDI Casa Matrice bookcase highlight bold, jewel-tone colors in a geometric, sophisticated style. Similar geometric design is also embodied in the Metropolis coffee table, a nod to the design of the FENDI headquarters in Rome. The end result of the collection is a timeless and authentic design, enhanced by the signature FENDI Casa look in each room.

“This partnership represents a significant milestone for FENDI Casa in the realm of interior design,” said Alberto da Passano, CEO of FENDI Casa, “as luxury projects gain prominence globally, we are excited to contribute to this prestigious development and continue our expansion into high-end markets.”

Developed by Naftali Group, JEM Private Residences is the jewel of Miami located within Miami Worldcenter. All the residential units are meticulously crafted condominium residences, the property will rise over 700 feet and offer residents the opportunity to live in a haven of contemporary luxury designed by world-renowned firms Arquitectonica and Rockwell Group. JEM Private Residences sets the bar for residential luxury in South Florida with residences positioned beginning from the 43rd floor to maximize views, superior craftsmanship adorning each inch of the property and an elevated suite of amenities intended to improve the overall living experience for residents. The 50th floor offers an amenity suite with an indoor Sky Lounge, outdoor pool, fitness center, boxing arena, yoga patio, and spa suite, providing residents with a luxurious and diverse array of spaces for relaxation, exercise, and leisure activities. The development is projected to be complete in Q4 of 2027.

Renderings via Hayes Davidson

For more information about JEM Private Residences or to inquire about purchasing a unit please fill out the form below:

Pair of Neighboring Estates On Miami Beach's Iconic North Bay Road Close For $30 Million

A pair of adjacent estates on Miami Beach’s North Bay Road, internationally known as “Millionaire’s Row,” have traded for $30 million. The North Bay Road properties, purchased by billionaire Richard Saghian, are directly across the street from one another and include a contemporary waterfront mansion and a lush Mediterranean villa.

5718 North Bay Road, which has 75 feet of frontage on Biscayne Bay, and 5725 North Bay Road, which is directly across the street, inland, sold to billionaire Richard Saghian, best known as the founder and CEO of fast-fashion company Fashion Nova. Saghian, who has an impressive collection of trophy homes, will continue to live full-time in Los Angeles, but plans to enjoy both Miami Beach residences as a vacation retreat. Saghian worked with Maurice Boschetti of Boschetti Realty Group, LLC.

The seller, Ami Shashoua, who owned both properties, worked with Berkshire Hathaway HomeServices (BHHS) EWM Realty’s Nelson Gonzalez. Shashoua’s successful career has involved work with financial institutions and tech companies, as well as real estate development and sales.

“Our tropical, tax-friendly market and rapidly growing economy continue to be a hotbed of activity…with these spacious, waterfront enclaves, in particular, being repeatedly singled-out by the globe’s one percent,” Gonzalez continued. “This buyer originally looked at this home 10 months ago, but we stayed on top of him. It took him a little while to recognize the opportunity he had to acquire one of the very few available modern mansions in this exclusive enclave.”

“Richard (Saghian) wanted a prime location and the best view of the skyline and open water – which can be a difficult feat,” said Boschetti. “He knew that the chance to own two luxury homes on coveted North Bay Road, taking full advantage of the ultimate Miami Beach lifestyle and views, was an opportunity that couldn’t be overlooked.”

From its tranquil, private setting along Biscayne Bay, the North Bay Road enclave has historically been one of South Florida’s most sought-after. Just this week, David and Victoria Beckham closed on a $72.25 million sale within the community at 4736 North Bay Road. Other high-profile neighbors, past and present, have included Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, and business owners Wayne Boich, Josh Harris, and Marcello Claure.

Each residence in today’s transaction has been a standout in its own right, but together, they have formed the quintessential Miami Beach haven.

Built in 2022, 5718 North Bay Road is marked by a magnificent, 15,536-square-foot lot with 75 feet of premier waterfrontage. Inside, seven bedrooms, eight baths, and two half-baths are spread throughout 7,767 square feet of lavish living space, while walls of glass complement the home’s open, sunlit floorplan. In addition to a wet bar, state-of-the-art theater, an elevator, a gourmet kitchen, wine cellar, interior fishpond with stingrays, gym, and rooftop terrace, the home has a cabana with a summer kitchen, saltwater pool with a spa, and an outstanding, oversized dock. Adding to its unmistakable draw, the dwelling is defined by unobstructed, postcard-worthy views of Biscayne Bay and dazzling sunsets over Miami’s skyline.

Across the street, 5725 North Bay Road is a recently remodeled Mediterranean-style villa with four bedrooms and four-and-a-half baths – punctuated by 3,167 square feet of airy living space. The home’s 8,550-square-foot lot, enveloped in verdant landscaping, is anchored by a sparkling pool and outdoor spaces for breezy alfresco dining and gatherings.

“It’s a combined total of 11 bedrooms, 15 baths, 11,012 square feet of living space, 24,086 square feet of land, and 75 feet of waterfrontage,” Gonzalez concluded. “The uniqueness of this offering cannot be overstated.”

Images via Luxhunters Productions