Casa Cipriani Expands Beyond New York and Milan with Luxurious Florida Beachfront Development

By Columbus International,28 March 2025

Columbus International: Your Premier Bridge Between US and Italian Real Estate Markets

With prestigious offices in New York, Miami, Milan, and Florence, Columbus International delivers unparalleled expertise in transatlantic property investments. Contact our experienced agents today to explore exceptional opportunities on both continents.

Iconic Italian Hospitality Brand Announces First Residential Venture in Miami Beach’s Prime Oceanfront Location

Casa Cipriani, the storied Italian hospitality brand synonymous with refined luxury, is making waves in the South Florida real estate market with its ambitious expansion plans. The iconic brand is set to launch its first Florida location—a sophisticated development that will feature 23 ultra-luxury condominiums alongside a boutique 40-room hotel and an exclusive private members’ club.

According to sources close to the project, this unprecedented venture will be housed in a striking 17-story oceanfront tower at 3611 Collins Avenue in Miami Beach, positioning the development in one of the most coveted coastal strips in the country.

This marks Casa Cipriani’s strategic entrance into the luxury real estate sector, establishing its presence in a prestigious oceanfront district that recently welcomed the new Aman Miami Beach just blocks away—further cementing the area’s status as a hub for ultra-luxury branded residences.

The ambitious project represents a powerhouse collaboration between three major players: Arnaud Karsenti’s Miami-based 13th Floor Investments, Joseph Cayre’s Midtown Equities, and the legendary Cipriani family themselves.

Acclaimed architect Brandon Haw has been commissioned to design the building, which promises to masterfully blend Miami Beach’s iconic Art Deco heritage with the timeless Cipriani aesthetic—an elegance that traces back to 1931 when Giuseppe Cipriani founded the original Harry’s Bar in Venice, Italy.

A project spokesperson revealed exclusively that the luxury residences, ranging from one to four bedrooms, are expected to command starting prices in the $25 million range when sales launch later this year. Construction is slated to commence shortly thereafter, signaling confidence in Miami’s resilient luxury market despite broader economic uncertainties.

While Casa Cipriani may be new to Miami, the Cipriani family’s impressive portfolio already boasts a significant Florida presence, including the under-construction Cipriani Residences Miami, Cipriani Downtown Miami restaurant on Brickell Avenue, the completed Mr. C Residences and Mr. C Hotel in Coconut Grove, and a forthcoming Mr. C Hotel & Residences in West Palm Beach.

“Casa Cipriani is fundamentally about comfort, privacy, service and elegance,” explains Maggio Cipriani, president of Cipriani USA and fourth-generation family member. He emphasizes that the Miami location will deliver the exceptional private club experience “that our members cherish” while offering a “unique opportunity to call this extraordinary place home.”

The development will feature an impressive array of premium amenities, including a dedicated private entrance for residents, signature dining experiences, comprehensive in-home dining and catering services, exclusive private dining rooms, a swimming pool serving Cipriani’s acclaimed food and beverages, a world-class spa, a sophisticated lounge, and a state-of-the-art fitness center.

Industry analysts note that this development represents a significant vote of confidence in Miami’s ultra-luxury market, as well as the continuing trend of prestigious hospitality brands extending into the residential real estate sector to meet growing demand for branded living experiences.

Source: New York Post

“12 Yachts You Can’t Miss at the Palm Beach Boat Show 2025,” According to Forbes

By Columbus International,14 March 2025

According to Forbes, the Palm Beach International Boat Show is quickly establishing itself as one of the premier events in the yachting calendar. The 2025 edition promises to be the largest yet, featuring approximately €2.2 billion worth of superyachts over 82 feet for sale. With 191 vessels in that size range expected to attend—surpassing 2024’s count of 173—the show combines an impressive selection of second-hand inventory with world debuts and new model announcements.

Forbes highlights that the event’s easy navigation format and prime location along West Palm Beach make it particularly appealing to yacht enthusiasts. With the show days away from opening, Forbes has compiled a list of twelve standout vessels that shouldn’t be missed.

The Must-See Vessels

204-foot Bravissima
Builder: Benetti
Year: 2023
This highly-anticipated and secretive Benetti creation will make her world debut at the show. According to Forbes, no one has glimpsed inside this unique vessel designed by Cassetta Yacht Designers and Van Oossanen Naval Architects since her delivery.

186-foot Santosha
Builder: Heesen
Year: 2024
Forbes notes this vessel marks a new chapter for Dutch shipyard Heesen as their first in a new series of aluminum yachts in this size range. The award-winning yacht features low-profile lines, an ample swim platform, and amenities including a well-equipped sundeck with bar and dining facilities.

148-foot Go
Builder: Tankoa
Year: 2024
Making her world debut, this Italian model was purchased by an American client who requested subtle layout changes to maximize space and volume. Forbes reports the yacht has remained largely out of the spotlight until now.

196-foot Alfa G
Builder: Oceanco
Year: 2004
Fresh from an extensive refit, Alfa G sports a completely new exterior with a distinctive dark hull and scarlet trim. The interior has undergone a comprehensive overhaul featuring classic art pieces, Art Deco touches, and clean lines.

155-foot M
Builder: Sanlorenzo
Year: 2024
Forbes describes this vessel as balancing hardy explorer capabilities with fresh, elegant design. Studio Indigo created interiors with a soft, warm ambience featuring touches like a pink-velvet walk-in wardrobe and a crisp espresso and ivory color palette.

130-foot Riva Bellissima
Builder: Riva
Year: 2023
This 299-GT model carries signature Riva design elements into the interior, with large windows in the saloon, gleaming wood finishes, and multi-functional entertainment spaces.

114-foot Fox
Builder: Pendennis
Year: 2024
One of Pendennis Shipyard’s first pocket explorers, Fox features an 1,114-square-foot main deck aft designed for carrying toys and tenders—including a submersible—and a bridge deck with a DJ station.

191-foot Diamond Binta
Builder: Tankoa
Year: 2024
Making her US debut, this yacht features automotive-inspired design by Francesco Paszkowski with dark marbles, contrasting light panels, and cream accents. Forbes highlights the beach club with triple openings and an engine room with a transparent corridor.

180-foot Gene Machine
Builder: Amels
Year: 2014
Owned by DNA sequencing scientist Dr. Jonathan Rothberg, this vessel and her support yacht Gene Chaser will be displayed as a pair. Forbes notes they were equipped to support scientific discoveries, featuring a molecular biology laboratory with 3D printers.

62-foot Grand Banks 62
Builder: Grand Banks
Year: 2024
Forbes recommends this vessel for classic boat lovers, noting its timeless appeal and downeast styling. The yacht features the brand’s V-Warp Technology for fast, efficient performance with top speeds of 30 knots.

95-foot Pearl 95
Builder: Pearl
Year: 2024
This British vessel features Kelly Hoppen interiors with an impressive five-cabin layout. Forbes describes its penthouse-inspired interior that utilizes timber veneers, onyx marbles, and metal details.

50-foot De Antonio D50 Coupe
Builder: De Antonio
Year: 2024
Forbes calls this dayboat “sleek yet robust,” noting its extended hard top makes it ideal for use in Florida and the Bahamas, while its two-cabin layout suits it for longer passages.

Photo Credit: Palm Beach Boat Show + Instagram

Miami’s Real Estate Transformation: Million-Dollar Mansions Rise as Affordable Homes Vanish

By Columbus International,11 March 2025

Miami’s skyline isn’t the only thing reaching new heights. As ultra-wealthy buyers flood the South Florida market, they’re reshaping the entire real estate landscape, creating a city where luxury properties abound while entry-level homes become relics of the past.

The Vanishing Starter Home

As per The Wall Street Journal, the statistics tell a startling story. Between 2019 and 2024, single-family homes priced below $500,000 in Miami-Dade County have plummeted by an astonishing 79.6%, according to research firm Analytics Miami. This dramatic shift coincides with hedge-fund titan Ken Griffin’s historic $100 million home purchase—the first of its kind in Miami—which seemingly opened the floodgates for similar high-end transactions.

The data reveals the complete transformation of Miami’s housing market. What was once a city with diverse housing options has rapidly evolved into a playground for the ultra-wealthy, with profound implications for everyone else.

The Griffin Effect

Griffin’s record-breaking purchase wasn’t just a headline—it was a harbinger. Since that landmark transaction, Miami has experienced an unprecedented surge in eight and nine-figure home sales, reshaping market expectations and pricing strategies throughout the region.

Griffin’s statement purchase validates Miami as a true luxury destination on par with New York, London, and Hong Kong. This landmark transaction has influenced other wealthy individuals to see Miami differently—not just as a vacation spot but as a place to establish a significant presence.

The trend has accelerated further with Russian billionaire Vladislav Doronin’s recent sale of his Star Island estate for a staggering $120 million—setting a new record for Miami-Dade County. The property, which Doronin purchased from retired NBA star Shaquille O’Neal for $16 million in 2009, represents a remarkable 650% return on investment. According to reports from The Real Deal and the South Florida Business Journal, the luxurious residence is rumored to be a teardown purchase, signaling that even trophy properties may be viewed as merely land acquisitions in today’s ultra-luxury market.

Economic Ripple Effects

This transformation extends far beyond real estate statistics. As affordable inventory disappears, Miami’s workforce—the teachers, healthcare workers, and service industry employees who keep the city functioning—face increasingly untenable housing situations.

Average earners now commute from ever-distant suburbs, with some traveling more than 90 minutes each way to reach jobs in Miami’s core. This migration creates additional pressure on transportation infrastructure while simultaneously altering the demographic makeup of Florida’s most dynamic city.

There’s a real risk of Miami becoming a tale of two cities—one populated by the ultra-wealthy and the other by those who serve them, with very little in between. The ongoing middle-class exodus threatens the diversity and vibrancy that made Miami special in the first place.

Investment Drivers

Several factors fuel this market transformation. Florida’s favorable tax environment, combined with Miami’s international appeal and lifestyle amenities, creates perfect conditions for wealth migration. The pandemic accelerated these trends, as remote work capabilities allowed executives from high-tax states to relocate permanently.

Miami offers what wealthy individuals from New York, California, and international locations seek: financial advantages, cultural dynamism, and extraordinary quality of life. This isn’t a temporary trend—it’s a fundamental realignment of where capital and influence concentrate in America.

The New Normal?

Industry experts debate whether this market shift represents a permanent change or a cyclical extreme. Some point to similar patterns in cities like San Francisco and New York, suggesting Miami will eventually reach a new equilibrium that accommodates diverse income levels.

Others see Miami’s transformation as more profound and potentially irreversible. The combination of limited developable land, strong international demand, and climate-related challenges to new construction creates unique pressures that may permanently alter the city’s housing ecosystem.

The $500,000 single-family home in Miami-Dade isn’t just endangered—it’s practically extinct. Looking ahead, the market will need to completely rethink how housing functions in this region, because the old paradigms simply no longer apply.

For now, the city continues its remarkable metamorphosis, with each eight-figure transaction further cementing Miami’s status as America’s newest ultra-luxury real estate capital—and pushing the prospect of affordable homeownership further beyond reach for everyone else.

This article represents analysis based on current market conditions and expert opinions. Real estate investments involve risk, and market conditions may change.

For inquiries regarding distinguished Miami properties—whether for acquisition or divestment—the esteemed real estate professionals at Columbus International remain at your service. info@columbusintl.com

Miami’s Luxury Developers Pioneer New Era of Affordable Housing

By Columbus International,11 February 2025

South Florida’s explosive growth has intensified its housing affordability crisis, with Miami Homes For All reporting a shortage exceeding 90,000 homes for households earning below $60,000 annually. But an innovative state program is transforming how developers approach affordable housing in Miami, yielding communities that rival their market-rate counterparts in quality and amenities.

The Florida Live Local Act has emerged as a catalyst for change, offering tax incentives to developers who designate at least 71 units in their projects for households earning up to 120% of the area median income. This initiative marks a decisive break from Miami’s previous affordable housing model, which often compromised on design and amenities to minimize costs.

Today’s affordable developments showcase amenities previously reserved for luxury properties: pickleball courts, rooftop lounges, modern fitness centers, and children’s play areas. Inside the units, residents find high-end finishes including stainless steel appliances, expansive windows, and premium cabinetry.

“Miami-Dade faces the nation’s most severe affordability crisis,” says Michael Swerdlow of SG Holdings. His firm’s flagship project, Sawyer’s Walk, exemplifies this new approach. Located in historic Overtown, Miami’s oldest African-American neighborhood, this 1.5-million-square-foot mixed-use development stands as the country’s largest affordable housing project in the past decade. The community, designed for low-income seniors, integrates retail amenities like Target and Aldi while offering convenient access to multiple public transit options.

Laguna Gardens in Miami Gardens represents another milestone as one of the first developments completed under the Live Local Act. Developer Asi Cymbal partnered with renowned architectural firm Jo Palma and Partners to create 341 units that blend modern design with community-focused amenities, including lakeside trails and outdoor gathering spaces.

Looking ahead, Whitman Family Development’s planned Bal Harbour Shops project will dedicate 40% of its 600 upscale residences to workforce housing, targeting essential workers like teachers, first responders, and hospitality staff. Meanwhile, SG Holdings is developing an ambitious project in Little Haiti’s Little River District, planning 7,500 residential units across various affordability levels, complemented by retail space, green areas, and a new transit station.

“At this stage in my career,” reflects Swerdlow, “delivering quality housing to those who need it most creates the greatest impact in our community.” This sentiment captures the transformation underway in Miami’s affordable housing sector, where luxury developers are redefining standards while addressing critical community needs.

Source: Forbes

Miami’s Skyline Reaches New Heights With $850M Luxury Tower Project

By Columbus International,7 February 2025

In a bold move that signals continued confidence in Miami’s luxury real estate market, Mint Developers has unveiled plans for an ambitious $850 million supertall development in downtown Miami, partnering with hospitality giant Sonesta International Hotels. The project, dubbed the James Hotel & Residences, is poised to become one of the city’s most distinctive mixed-use developments when it reaches completion in early 2028.

The 82-story tower, stretching approximately 1,000 feet into the Miami skyline, will feature 336 fully furnished luxury residences and marks the first residential venture for Sonesta’s James brand. The development team, a powerhouse collaboration between AD1 Global, Big Development, and To The Stars, is positioning the project to capitalize on Miami’s growing reputation as a luxury lifestyle destination.

“We’re witnessing a transformation in Miami’s luxury residential market,” says Daniel Berman, who leads Hollywood-based AD1 Global, though he remained strategic about revealing the exact location of the development. The property acquisition is expected to close within 30-40 days, underscoring the rapid pace of development in the area.

The project’s ambitious amenity package reflects the evolving demands of ultra-luxury buyers, featuring a four-story private club, extensive wellness facilities including snow and rain rooms, and multiple dining venues. Douglas Elliman, tapped to handle sales launching in Q2 2024, will offer units ranging from studios to four-bedroom residences.

In a notable twist on the traditional residential model, approximately 60% of the units will participate in a hotel leaseback program, potentially offering investors a revenue stream in Miami’s robust tourist market. This hybrid approach mirrors a growing trend in luxury real estate, where branded residences command premium valuations.

The James Hotel & Residences joins an elite group of supertall projects reshaping Miami’s skyline, including the under-construction Waldorf Astoria Hotel & Residences and Ken Griffin’s planned 1,039-foot Citadel headquarters. However, the market has shown signs of selectivity, as evidenced by Swire’s recent decision to terminate plans for the One Brickell City Centre office supertall.

For Sonesta, which currently manages about 10 properties in South Florida, the project represents a significant expansion of their luxury portfolio and a strategic bet on Miami’s continued appeal to high-net-worth buyers and visitors. The development adds to a growing roster of branded residential projects in South Florida, where luxury brands from various sectors are vying for a piece of the region’s lucrative real estate market.

Source: TRD

Pharrell Williams Expands His Empire with Two High-End Japanese Restaurants in Miami

By Columbus International,5 February 2025

Music mogul and Louis Vuitton creative director Pharrell Williams is making his mark on Miami’s culinary scene with two Japanese dining ventures that promise to redefine luxury dining in the Design District.

In partnership with Launchpad Hospitality, Williams has launched an ambitious dual-concept project at 156 NE 41st Street. The crown jewel, Matsuyoi, is an intimate upstairs sanctuary featuring a coveted 10-seat chef’s counter where Chef Taka Sakeda crafts meticulously prepared multi-course experiences. The space, complete with a bespoke cocktail program and an exclusive 14-seat private terrace, exemplifies the high-touch hospitality that Miami’s elite have come to expect.

Downstairs, Williams has brought New York’s acclaimed Nami Nori to Miami, offering a more accessible but equally sophisticated take on Japanese cuisine. The restaurant specializes in temaki, with standout dishes including expertly prepared vegetable rolls and innovative small plates like furikake fries and mushroom dip that elevate the casual dining experience.

This culinary venture marks Williams’ latest successful diversification play, following his groundbreaking appointment at Louis Vuitton and continued dominance in music production. With both establishments already generating significant buzz among Miami’s tastemakers, Williams appears poised to replicate his track record of turning creative ventures into commercial successes.

Source: Time Out Miami

Gianluca Vacchi’s $4 Billion Miami Real Estate Play: From Social Media Star to Development Mogul

By Columbus International,29 January 2025

In a landmark partnership reshaping Miami’s skyline, Italian business titan Gianluca Vacchi and acclaimed developer Michael Stern have joined forces to lead $4 billion in transformative South Florida projects, marking an unprecedented alliance in the region’s real estate history.

COLUMBUS INTERNATIONAL – HOME FOR SALES AND FOR RENT IN MIAMI

Personal Portfolio

Before his major development partnership with Stern, Vacchi made significant personal investments in Miami real estate. In a notable move, he acquired a waterfront Miami Beach home for $24.5 million from developer Valerio Morabito and model Vita Sidorkina-Morabito. The luxurious property features:

150 feet of water frontage
Seven bedrooms across 12,700 square feet
A screening room
7,400 square feet of terrace space
A 90-foot swimming pool
Reflecting pools framing the entry
A roof terrace with ocean views

The teak, glass, and stone house represents Vacchi’s commitment to architectural excellence. His Miami portfolio previously included a 7,000-square-foot Miami Beach penthouse, which he listed for $10.9 million in April.

The Power Partnership

The collaboration brings together two distinct forces in business: Michael Stern, founder and CEO of JDS Development Group, known for architectural landmarks like New York’s 111 West 57th Street, and Vacchi, a social media titan with over 47 million followers who recently made headlines for selling his stake in IMA Group at a $7 billion valuation.

Landmark Projects

Their partnership has already launched two of Miami’s most ambitious branded real estate projects:

888 Brickell Dolce&Gabbana

This luxury development represents Dolce&Gabbana’s first venture into the U.S. real estate market. The project will become Miami’s tallest tower, featuring:

259 residences
Six food and beverage outlets
A signature ground-floor restaurant
Two bars in the Grand Lobby
A Pool Club restaurant and bar
Demo kitchen and private dining facilities

Mercedes-Benz Places

Currently the largest mixed-use development under construction in Miami, this 67-story project includes:

Over 130,000 square feet of amenities and hospitality space
250,000 square feet of commercial space
A 174-key hotel
Retail outlets
Innovative mobility solutions
Reimagined Southside Park

The Mercedes-Benz project has already broken Miami sales records, with over 100 condominiums sold within weeks of launch.

From Manufacturing to Real Estate

Vacchi’s entry into real estate follows an impressive business trajectory. During his tenure at IMA Group, he helped grow the company from $100 million to over $2.5 billion in sales. His first Miami property purchase in 2015 marked the beginning of his investment in the region, operating through GV Development Group, a U.S. real estate division of his Cofiva Holding.

Beyond Real Estate

The partnership extends beyond traditional real estate development. Vacchi and Stern, along with partner Rafi Gibly, are launching Sunset Padel, a members-only indoor padel club in Miami Beach’s Sunset Harbour neighborhood, scheduled to open in late summer 2024.

Future Expansion

The duo isn’t limiting their vision to South Florida. Plans are in motion to announce additional Miami projects later this year, with future developments planned for New York and the West Coast in the coming months.

Market Impact

Located in Miami’s Brickell district, these projects are transforming what was historically a business and financial center into a vibrant 24/7 lifestyle neighborhood. The developments have attracted significant interest from local, domestic, and international purchasers, indicating strong market confidence in the partnership’s vision.

Looking Ahead

“The quality of life is unmatched to any place in the world. The city is growing and Michael has the greatest vision for the city that I love,” Vacchi explained, emphasizing his commitment to Miami’s future. With their combined expertise in development, branding, and luxury lifestyle, Stern and Vacchi are positioned to significantly influence the future of Miami’s real estate landscape.

Their partnership represents a new model in real estate development, one that combines traditional development expertise with modern branding and lifestyle elements. As Miami continues its evolution into a global city, this collaboration between a construction veteran and a media-savvy entrepreneur might well set the template for future development partnerships.

Miami Real Estate: A 2024 Market Analysis For International Investors

By Columbus International,6 January 2025

High-Profile Deals Signal Continued Market Resilience Despite Challenges

Despite global economic headwinds and elevated interest rates throughout 2024, Miami’s luxury real estate market demonstrated remarkable resilience, offering valuable insights for international investors eyeing the South Florida market. While transaction volumes showed some moderation, premium properties continued to attract significant capital, particularly from ultra-high-net-worth individuals and celebrities.

Premium Market Maintains Momentum

The luxury segment provided compelling evidence of Miami’s enduring appeal. In a standout transaction, tech titan Jeff Bezos expanded his Miami footprint with an $87 million acquisition in Indian Creek Village, bringing his total investment in the area to $234 million. This vote of confidence from one of the world’s wealthiest individuals underscores the area’s status as a premier luxury destination.

The market also saw soccer superstar David Beckham and his wife Victoria secure a waterfront property on Miami Beach’s prestigious North Bay Road for $72 million, setting a new record for the area. These high-profile purchases suggest that despite broader market adjustments, prime Miami real estate continues to command premium valuations.

Investment Opportunities Across Market Segments

For Italian investors considering Miami real estate, several key trends emerged in 2024:

Palm Beach Premium

Palm Beach and its surrounding communities have seen increased attention from developers and high-net-worth buyers. The area, home to significant properties including Mar-a-Lago, continues to attract premium buyers, with notable transactions including a $43 million estate sale by Billy Joel and a $24 million mansion purchase in Manalapan.

Commercial Real Estate Adjustments

The office market presented a more nuanced picture, with investment sales volumes declining compared to pre-pandemic levels. This correction has created potential opportunities for value-oriented investors, particularly in prime locations where quality assets may be available at adjusted valuations.

Residential Market Dynamics

While higher interest rates impacted overall residential transaction volumes, the market demonstrated adaptability. Notable trends included:

Continued strong demand for waterfront properties
Price adjustments in certain segments creating entry opportunities
Sustained interest in luxury condominiums, despite new regulatory considerations

Strategic Considerations for Italian Investors

For Italian investors looking to enter the Miami market, several factors warrant consideration:

Market Timing

The current environment, characterized by some price moderation and reduced competition, may present strategic entry points for long-term investors. The sustained interest from high-profile buyers suggests underlying market strength, while current conditions may offer more favorable negotiating positions.

Location Focus

Premium areas continue to demonstrate resilience:

Miami Beach’s North Bay Road
Indian Creek Village
Palm Beach and surrounding communities
Bal Harbour
Golden Beach

Regulatory Awareness

New legislation affecting condominium associations and ownership structures makes due diligence particularly important. Italian investors should work with local legal experts to navigate these requirements effectively.

Looking Forward

While 2024 presented certain challenges, Miami’s real estate market showed remarkable adaptability and continued to attract significant investment from domestic and international buyers. For Italian investors, the current market environment may offer strategic opportunities, particularly in the luxury segment where Miami’s unique combination of lifestyle appeal and financial advantages continues to drive demand.

The market’s ability to sustain high-value transactions, even amid broader economic headwinds, suggests enduring fundamental strength. As the market adjusts to higher interest rates and evolving regulatory requirements, informed investors may find attractive entry points across various property segments.

Miami Art Week 2024: The Ultimate Guide to Art Basel’s Cultural Spectacle

By Columbus International,4 December 2024

As the art world converges on Florida’s vibrant coastline, a comprehensive look at the most anticipated shows, collaborations, and experiences during this year’s premier art celebration.

When Miami transforms into the global art capital each December, it attracts more than just traditional art enthusiasts. For six dynamic days (December 3-8, 2024), the city becomes a melting pot where A-list celebrities, fashion innovators, culinary masters, and art professionals converge, creating a cultural phenomenon that transcends conventional art exhibitions.

While Art Basel Miami Beach stands as the centerpiece, Miami Art Week has evolved into a multifaceted celebration where experiential marketing meets artistic expression. Major brands orchestrate immersive launches, while philanthropic galas draw society’s elite to oceanfront venues.

ICONIC VENUES AND SPECIAL EVENTS

The Miami Beach EDITION marks its tenth anniversary with a series of exclusive gatherings. Parisian cultural hub Silencio returns to curate three invitation-only evenings, featuring collaborations with MoMA PS1, the How Long Gone podcast, and an artistic partnership between PIN-UP Magazine and Perrotin Gallery.

Tribeca Festival makes its third appearance at Art Basel, hosting four nights of music-focused programming at the Miami Beach Bandshell. Highlights include a conversation with Camila Cabello and David Grutman, plus a nostalgic celebration of The Birdcage’s 28th anniversary featuring local drag luminaries.

ARTISTIC HIGHLIGHTS

At SCOPE Art Show, British-Nigerian artist Yinka Ilori MBE presents an interactive installation in collaboration with Chase Bank. His work “Lift Me Higher With Joy” creates an immersive environment inspired by family gatherings, while the Shrine of Affirmations offers a contemplative space in the Chase Sapphire Reserve Lounge.

CULINARY INNOVATIONS

The Resy Lounge, powered by American Express and Delta Air Lines, returns to Untitled Art with L.A.’s Jon & Vinny’s providing sophisticated casual dining. Terra celebrates the launch of Jean-Georges Miami Tropic Residences with an exclusive event exploring the intersection of gastronomy and design.

FASHION MEETS ART

Gucci embraces the season with an enchanting snow globe installation at Sweet Bird North Plaza, running through January 7. The display features miniature recreations of iconic Gucci locations worldwide, complemented by local culinary partnerships.

Cartier concludes its Trinity 100 world tour in Miami with an immersive experience celebrating the iconic collection’s centennial. Meanwhile, Maison Margiela collaborates with tattoo artist Kozo on an exclusive capsule collection, featuring customized signature pieces that blend classical and contemporary aesthetics.

The week also sees performance artist Marina Abramović partnering with Massimo Dutti for “Nomadic Journey,” an exhibition spanning four decades of her artistic journey, while Autry teams with artist Rob Pruitt for a limited-edition sneaker release celebrated at a transformed Miami Beach gas station.

Through this convergence of art, fashion, culture, and cuisine, Miami Art Week 2024 continues to redefine the boundaries of traditional art fairs, creating an unparalleled cultural experience that resonates well beyond the confines of gallery walls.

Photo via Design District | Source: THR

Miami’s Next Real Estate Boom: Why Savvy Investors Are Eyeing 2025-2026

By Columbus International,19 November 2024

The Miami skyline tells a story of transformation, but beneath the glittering facade lies an overlooked opportunity that sophisticated investors are quietly positioning themselves to capture. As the dust settles from the post-pandemic surge, a perfect storm of market conditions is brewing for 2025-2026.

The Hidden Supply Crisis in Luxury Rentals

While headlines focus on Miami’s luxury condo market, a more compelling narrative is unfolding in the high-end rental sector. Brickell, Miami’s financial nerve center, hasn’t welcomed a new market-rate apartment development since 2019. This supply drought, combined with soaring office occupancy rates and expanding financial sector presence, creates a unique arbitrage opportunity for institutional investors.

Follow the Money: Financial Giants Double Down

JP Morgan’s recent decision to double its Brickell footprint isn’t just another corporate expansion – it’s a harbinger of a larger shift. When Paul Singer’s Elliott Investment Management commits $443 million to acquire 701 Brickell, it signals something bigger than just a real estate play. These moves suggest a longer-term bet on Miami’s evolution into a serious financial hub, one that will require sophisticated housing solutions for a growing professional class.

The Demographics Don’t Lie

The numbers paint a compelling picture: Brickell’s $185,585 mean household income isn’t just a statistic – it represents a fundamental shift in Miami’s tenant base. This isn’t the Miami of vacation homes and retirees; it’s increasingly the domain of high-earning professionals seeking quality rental housing. With private-sector job growth outpacing the national average by 107%, the demand pressure on luxury rentals is set to intensify.

Smart Money’s New Playbook

Institutional investors like Empira Group, with €9 billion in assets under management, are already executing on this thesis. Their focus on Class A multifamily developments in premium locations suggests a sophisticated understanding of where the market is headed. The key insight: Miami’s luxury rental market isn’t just about housing – it’s about lifestyle infrastructure for a new generation of high-income professionals.

Why 2025-2026 Matters

As interest rates normalize and construction costs stabilize, the window for optimal market entry is approaching. But the real opportunity isn’t just about timing the market – it’s about positioning for a fundamental shift in Miami’s real estate landscape. The convergence of limited new supply, strong demographic trends, and institutional capital flows suggests a market primed for sophisticated investors who can execute on complex, large-scale residential projects.

The Bottom Line

For investors seeking alpha in real estate, Miami’s 2025-2026 window presents a rare opportunity to capitalize on a market inefficiency. While others chase headlines in the condo market, smart money is quietly assembling positions in the luxury rental sector, betting on a fundamental transformation of Miami’s real estate landscape.

As one prominent developer recently noted off the record, “Miami’s next chapter isn’t about selling dreams to tourists – it’s about building infrastructure for global finance.” For investors who can read between the lines, that might be the most valuable insight of all.

Florida