Comments on: Emerald at Brickell 1 Bedroom Foreclosure – $110,900

By: Miami2009

Miami2009 — Mon, 21 Dec 2009 19:51:40 +0000

What was the selling price on this unit?

By: JGM

JGM — Tue, 17 Nov 2009 05:04:22 +0000

Hey Lucas ..

Just wanted to see if this unit closed, and at what price ..

By: JL

JL — Fri, 13 Nov 2009 13:43:15 +0000

re: Fontainebleau

Maybe they can do a reality show. REPO this Hotel. Show the welder going in and yanking out his 7,000 bottle winerack with a Hummer… with a DJ spinning and topless models lounging in the background… this being a SoBe repo and all.

By: fha

fha — Fri, 13 Nov 2009 12:35:21 +0000

hey lucas

how about the 1 post a day promise? this one on emerald is over 1 wk old! let’s keep the site going!
thanks

By: Renter Tom

Renter Tom — Thu, 12 Nov 2009 20:22:51 +0000

The Fountainebleau will be an interesting story to follow. It really does exemplify this real estate bubble….all the trappings. Whether or not the LV project sinks SoBe too is an open question. Regardless, lawyers will be the ones that get rich in this dispute. Leverage combined with personal investment and personal guarantees can lead to wealth destruction esp. when debt is used as a substitute for what should an equity risk position…

Or maybe Obama charged his recent stay there and FB realizes the govt’s credit is no good! LOL

By: Miami2009

Miami2009 — Thu, 12 Nov 2009 16:54:52 +0000

Anyone know anything about the Caribbean in Miami Beach?

By: Drew

Drew — Thu, 12 Nov 2009 16:12:59 +0000

Lara-
Fontainebleau Hotel. Probably referring to a bankruptcy filing. It appears as though Soffer the Younger has single-handedly decimated the development company built by Soffer the Elder. What a disaster and embarassment for Donald Soffer.

By: Probably too Cynical

Probably too Cynical — Thu, 12 Nov 2009 15:38:49 +0000

#73, I think you meant to say, “caveat emptor.”

“Carpe diem” is “seize the day.”

By: Lara

Lara — Thu, 12 Nov 2009 15:33:37 +0000

JCrimes,

What is FB Miami?

By: AJ

AJ — Thu, 12 Nov 2009 14:49:00 +0000

Richard,
That is very strange. How can every flat regardless of size pay the same HOA? Also the developer (FECR?) kept the Commercial props and out of HOA purview?! That should be illegal even if it is on the condo docs. Who is supposed to pay for the common area electric, toilets, security etc which even the commercial props enjoy? Tibor Hollow made that building back then……