The nation may be slowly moving out of recession, but Miami’s real estate market may not be out of the woods yet. Standard & Poor’s Case-Shiller Home Price Indices track national housing prices, as well as sales in twenty different metro areas. New numbers released today show that Miami’s index,…
For 24 years, Marion Schano and her husband Edward have owned an aviation business called Amtec Aviation Aerospace in Brownsville, a ‘hood west of Liberty City with a population of 14,000 and shrinking. It’s one of Miami’s poorest neighborhoods, and arguably its most blighted. It’s traversed by roving bands of…
In late January, we published a story on the failed gardens project in the heart of mega-development Midtown Miami. The development’s representatives were not pleased. Here’s a letter we received from Deborah Samuel, Midtown’s director of operations:…
News that former basketball star Tim Hardaway is mired in tax trouble, causing the Miami Heat to apparently bail him out by purchasing his mansion, came as a bit of a surprise. After all, he made an estimated $47 million during his playing career, and still works a suit-and-tie job…
Former Miami Heat star Tim Hardaway made close to $50 million during his NBA career, but apparently that wasn’t enough to keep him out of tax troubles. After a lien was placed on his house by the IRS for a $120,000 tax debt, the Miami Heat bought the mansion, according…
Miami’s real estate market is near rock bottom, which means it’s a good time to buy a home. In fact, according to a new analysis from real estate site Trulia.com, if you’re renting, you’re ripping yourself off. More than any other major city market in America right now, Miami is…
Rick Scott’s campaign for governor wasn’t especially social media savvy, but who needs to take little things like Twitter into account when you’ve got tens of millions of your own money to spend? Once in office, though, the Republican governor was faced with the realization that despite being elected by…
The famed molesters under Julia Tuttle Causeway were never the only homeless colony in town. And now that those persecuted pervs have been dispatched to God-knows-where, we can give some overdue media attention to other, less Hannah Montana-lovin’, local bands of merry hobos…
It’s not a particularly great time to be unemployed in America right now, a fact far too many of us know first hand, and if you’re looking for a job in South Florida things aren’t looking too good. Forbes.com has ranked Miami as the third worst job market in the…
If you’ve been to Midtown Miami in the last eighteen months and wondered why the large center park is doing its best impression of Sarajevo, here’s your answer: Good ol’ fashioned mismanagement, coupled with a testy garden designer notorious for doing things his own way– even if it results in…
I don’t know why anyone would want to live in Southwest Ranches, the bizarre rural-themed town way out in the west part of bumfuck Broward County, but two Dolphins stars of past and present are now in a legal dispute over a home in the area. The Sun-Sentinel reports that…
Trick Daddy may have a gift for capturing the soul of Miami streets in his lyrics, but apparently doesn’t have much of a knack for keeping track of his finances. The Detroit News reports that Trick, real names Maurice Young, has had more than $157,000 in tax liens placed against…
The good news is that Florida’s economy has pretty much no where to go but up. The bad news is that it’s going to take a long time to get it their. An economic forecast published by Sean Snaith, director of the University of Central Florida’s Institute for Economic Competitiveness,…
How much does it cost to own the jewel of Downtown Miami’s skyline? A cool $105.5 million. The Miami Tower (up until last year known as the Bank of America tower) is undoubtedly the signature of the skyline, and is now owned by I&G Miami LLC, a group backed my…
We don’t know about you, but Riptide is still fishing soda cans out of Lincoln Road trash bins to scrounge up enough pocket change to pay rent. But apparently the Great Recessiongeddon really is over for some folks in the 305.Case in point: A cozy little pad on Indian Creek…
The proper word to describe Pharrell Williams’ Miami apartment is, I believe, something like “banonkers.” But what do you expect from the guy who co-produced some of the most adventurous, mind-melting pop hits of the first half of the last decade? The Selby takes an exclusive look inside of Pharrell’s…
Maybe the fact that the Heat are finally coming together on the court has something to do with the fact that their three big stars have finally found places to call home. We’ve already shown you pictures of Chris Bosh’s and Dwyane Wade’s new mansions. Those are both in the…
Tony Montana was one bad dude. But he’s no match for gentrification. 728 Ocean Drive in South Beach was once a location seedy enough that Colombian gangsters dismembering a dude with a chainsaw didn’t seem like much of a stretch. Today, the building that hosted one of Scarface’s most notorious…
Must everything in Miami be endorsed by a marginal celebrity and decorated by Romero Britto? The answer to that question, clearly, is yes…
The takeover of Burger King by private equity firm 3G Capital continues to have an aftertaste for longtime employees worse than their cardboard-y fries. The Miami-based, quick-meat chain has laid off 413 workers company wide, with about 261 of those coming out of South Florida. The brunt of those laid…
Anger over public spending is all the rage these days. Unemployment checks? Undeserved. The Obama stimulus plan? An abomination. Now Carlos Alvarez is facing a fierce recall campaign fueled by bitterness over his tax-heavy budget and leased BMWs. The county mayor has been forced to fight for his job like…
Miami Heat star Dwyane Wade will soon have a new place to call home. According to The Wall Street Journal Wade recently paid $10.65 million dollars for an expansive 6 bedroom mansion on La Gorce Island in Miami Beach. The Mediterranean-style house has more than 13,000 sq. ft. of living…
