Business
Latest reporting from the Business desk.
Business
Latest reporting from the Business desk.
Business
Latest reporting from the Business desk.
Business
Ritz-Carlton South Beach condo lands $10.5M contract
A 3,000-square-foot unit at the under-construction Ritz-Carlton Residences South Beach went under contract at $10.5 million, topping condo deals in a week when Miami-Dade luxury buyers signed 11 contracts totaling $79.8 million.
Business
Ritz-Carlton South Beach condo lands $10.5M contract
A 3,000-square-foot unit at the under-construction Ritz-Carlton Residences South Beach went under contract at $10.5 million, topping condo deals in a week when Miami-Dade luxury buyers signed 11 contracts totaling $79.8 million.
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View MoreW South Beach closes as Waldorf Astoria conversion begins
The W South Beach closed Aug. 20 after nearly 17 years, permanently terminating 337 workers, as Reuben Brothers begins converting the 348-suite Collins Avenue property into Waldorf Astoria Miami Beach with a winter 2027 reopening target still awaiting city board approvals.
Business
View MoreEight towers reshape North Beach with $1B-plus in new condos
Eight residential tower projects totaling more than 1,300 units and over $1 billion in investment are transforming North Beach into Miami Beach's next luxury residential hub, with the first deliveries expected in early 2027.
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Business
View MoreHibiscus Island mansion sells for record $51.5 million
A bayfront estate at 270 South Hibiscus Drive closed for $51.5 million, shattering the previous Hibiscus and Palm islands record by more than $11 million and headlining a $167.6 million week for Miami-Dade luxury real estate.
Business
View MoreFontainebleau moves to dismiss lawsuit over 99-foot waterslide
The Fontainebleau Miami Beach filed a motion to dismiss a resident's lawsuit challenging the resort's planned 99-foot waterslide tower, arguing the plaintiff lacks standing and sued the wrong party over a state law that bypassed local historic preservation review.
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Business
View More'Chopped' winner Rapicavoli to open Luca Trattoria on Normandy Drive
Chef Giorgio Rapicavoli, the Food Network "Chopped" winner behind Coral Gables' Luca Osteria and Eating House, will open Luca Trattoria at 933 Normandy Drive in Miami Beach's Normandy Isles neighborhood this fall, marking his first restaurant outside Coral Gables.
Business
View More$52.5M in luxury condos close in one day along Collins Avenue
Three luxury condo transactions totaling $52.5 million closed Aug. 10 along Collins Avenue in Surfside and Miami Beach, including a $19 million Surf Club purchase by aviation executive William Papariella and a $13.5 million Edition condo sale.
Business
View MoreBay Harbor Islands, South of Fifth offices draw tenants as broader market slumps
Two Miami Beach-area office projects, One Kane in Bay Harbor Islands and The Fifth Miami Beach in South of Fifth, are attracting premium tenants even as broader South Florida office and retail investment sales declined in the first half of 2026, according to a new Avison Young report showing $9.3 billion in total deal volume.
Business
View MoreMiami Beach hotel spas slash prices up to 40% through Aug. 31
More than 40 spas across Miami-Dade are offering treatments at $109, $159 and $199 through Aug. 31 under Miami Spa Months, with more than a dozen Miami Beach hotel spas participating including Tierra Santa at Faena and Lapis at Fontainebleau.
Business
View More'Dancing with the Stars' pros open late-night dessert shop on Lincoln Road
Married "Dancing with the Stars" professionals Daniella Karagach and Pasha Pashkov have opened Sulta Rosa, a coffee and dessert shop at 821 Lincoln Road in Miami Beach, serving handcrafted baklava, croissants and specialty coffee from 10 a.m. to 3 a.m. daily.
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Business
View MoreFour Miami Michelin stars in 2026, Mutra first kosher restaurant awarded
Four Miami Beach-area restaurants hold Michelin stars in the 2026 Florida guide, with Mutra making history as the world's first kosher restaurant to earn the honor and three local spots retaining their recognition.
Business
View MoreSouth Florida luxury hotels woo dog owners with gourmet menus, AI concierge
Miami Beach and Bal Harbour luxury hotels are competing for affluent pet-owning travelers with AI canine concierges, in-room dog dining and resident dogs, as the area posts the highest average daily room rates in the country and InterContinental Miami hosts a National Dog Day party Aug. 26.
Business
View MoreMedium Cool cocktail bar closing at Gale Hotel on Aug. 22
Medium Cool, the acclaimed cocktail bar in the Gale Hotel basement on Collins Avenue, will close Saturday, Aug. 22, after nearly four years due to a change in the hotel's plans; co-founders say they are searching for a new Miami location.