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November 20, 2019

'We're All Not Selling Well': The State Of South Florida's Condo Market
DDG CEO Joe McMillan talks 3550 Ocean Palm Beach's first luxury condo project in a decade at Palm Beach County State Of The Market Dec. 11

Developers in South Florida are saying that the market for new condo development is either hibernating or forever changed. 

"We're all not selling very well. I'm not going to lie to you," said Gil Dezer, the president of Dezer Development, known for building luxury towers with name brands, including six Trump-branded buildings in Sunny Isles Beach, north of Miami Beach. 

'We're All Not Selling Well': The State Of South Florida's Condo Market

A 308-unit luxury tower, Residences by Armani/Casa, that he's now completing with Related Group "is doing two, three sales per month, and we have about 45 units left left to go. So we have 15 months until sellout," Dezer said.Compare that to the first 30 days of sales, when about…

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Billionaire Developer Stephen Ross Struggling To Bring Formula One To Miami

Related founder Stephen Ross has earned billions of dollars, built massive real estate developments all over the world and acquired an NFL team. But he's struggling to get a Formula One race going around the parking lot of his football stadium. 

Billionaire Developer Stephen Ross Struggling To Bring Formula One To Miami

Formula One features $15M sports cars racing through city streets during nearly two dozen stops around the world. This year's circuit features races in Monte Carlo, Abu Dhabi, Montreal, Sao Paulo and Austin, Texas — the only U.S. site.Since 2017, Ross has been trying to add a U.S. race in…

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Goodbye, Scooter-Sharing. Hello Mopeds
Goodbye, Scooter-Sharing. Hello Mopeds  

Move over, scooters. Revel, a moped-sharing company that has operated in New York for more than a year and is concluding a pilot program in Washington, D.C., is poised to enter the market in Austin and Miami.Revel's co-founder, Paul Suhey, last week gave a presentation to the Miami Parking Authority's…

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The Evolution Of Black Friday: 20 Retail Experts On What Matters This Shopping Season And Beyond

Black Friday, the annual shopping bonanza that officially kicks off the strongest retail sales period of the year, has morphed into a confounding ordeal for U.S. retailers. 

From the rise of e-commerce to the mass shuttering of stores of all stripes to Amazon Prime Day pecking away $2B in sales earlier in 2019, Black Friday’s ironclad grip on shoppers is slipping.

Much is at stake for retailers who get it wrong right now — some might have hard decisions to make should the holiday shopping period not go well. 

Yet, a few things are still abundantly clear: Brick-and-mortar is not dead and still accounts for about 90% of all retail sales in the U.S.; and more than 114 million Americans will shop on Black Friday, kicking off a two-month holiday retail binge that is forecast to spur more than $727B in sales. 

We asked 20 retail experts four questions: 

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Hungry For New Amenities, Office Owners Turn To Food Trucks, Delivery Services
 

In an increasingly competitive office market, landlords continue to search for new amenities that appeal to tenants. One of latest trends popping up is providing services that bring new lunch options for workers.

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