Sixty Sixty Condo Hotel Sold to Miami-Based Investment Group for $24 Million
In a previous foreclosure fight among owners and developers, the Sixty Sixty condo-hotel in Miami Beach has been sold for $23.5 million to a buyer who intends to repair as well as add to the waterfront development.
The 82-key condo-hotel is located at 6060 Indian Creek Drive along an inlet off of Biscayne Bay but also features views of the ocean. Integra Investments along with Sagar Desai’s Activate Hospitality sold the property to Bloom Hotels, under the umbrella of Bloom Ventures. The founder and CEO of Bloom is David Harari, who is located in Miami.
The CEO of Integra Victor Ballestas stated, “ripe market conditions created an opportunistic circumstance for the sale,” after stating he had no intention of selling the development.
The Schecher Group originally sold a majority of the units in 2020 to Integra and Activate for $15 million, then later bought the rest of the units in 2021. The company was then accused of a takeover although Schecher stated that the unit owners owed $9.4 million in homeowner association fees.
Bloom Hotels utilized Sheridan Capital to finance the property for a loan of $17.3 million. There have been talks of Bloom increasing the room count and bringing Canopy or Tapestry (Hilton brands) to assists with operations. Some plans include modernizing the property as well as adding a marina to the development.
Sexy Fish Miami Opens its Doors with a Grand Opening Celebration
Sexy Fish has finally opened and we had a front-row seat to the culinary experience. February 3rd marked the formal opening of the iconic London-based restaurant’s first United States location. From sophisticated decor to delectable cuisine, we have the details that will make you want to book a reservation now!
The brainchild behind the London-based restaurant, Richard Caring first opened the restaurant in 2015 in the affluent Mayfair district of London. The location and style draw in celebrities, notables, and stylish crowds alike. Caring also owns many of London’s most celebrated restaurants including, The Ivy, Scott’s, and 34 Mayfair. He has also played a hand in the development of the globally renowned private member’s club, Annabel’s.
The interior designers of Sexy Fish along with Martin Brudnizki Design Studio thoughtfully one of the most photogenic restaurants in Miami. Designed by SeaVisions, the large illuminated fish tank is the centerpiece of the restaurant spanning across the wall of the private dining room. Throughout you’ll see gorgeous artwork but Damien Hirst and 26 custom fish lamps created by Frank Gehry.
The menu itself is a masterpiece with classics inspired by Asia and Japan. The Chef Director Bjoern Weissgerber has created appetizing items that include Duck Salad, Smoked Tuna Belly, Black Cod, King Crab, Bone Marrow, and crispy Eringi Mushroom. Don’t miss the Sexy Gold Fish or Crispy Caviar that is marinated with gold-flake sea bass. There is also an extensive wine and champagne list with signature cocktails including Chocolate and Wine, Yuzu, and Elderflower.
The opening night included a private performance by Mary J. Blige with notables Dan Mikesell, Pepe Gonzalez, Kathryn Mikesell, and David Castillo. With ‘healing DJs, mermaid dancers, late-night entertainment, and thematic entertainment, the opening night was a success!
Reservations are booking quickly with a month out for the next reservation. To inquire about bookings and additional information, click here.
The Regent Cocktail Club Reopens After 2 Years
It has been a rough couple of years for businesses due to COVID and the rising costs of goods/services. Within the past 2 years, a lot of businesses had to close, including one of South Beach’s favorite spots, The Regent. Recently, the Havana-inspired bar and lounge reopened with a new cocktail menu that will quench your thirsts.
Located inside the Gale South Beach, the bar and lounge originally opened in 2012. The bar was named in the Top Ten Hotel Bars in the World in 2017. In March 2020, The Regent closed its doors shortly after a renovation in 2019.
Before it was The Regent, it was called the Rec Room and was more of a night club themed spaced. Due to the renovation, the bar is now 3x the size of the once nightclub. The bar can also hold up to 200 guests.
Although The Regent is located in the Gale South Beach, you can still enter through a separate door behind the hostess stand of the Dolce restaurant. Once you make your way through the stairwell illuminated by neon signs, you will enter the bar area with a 10+ seat bar, comfy chairs, and leather banquettes.
The bar pays homage to classic 1920’s speakeasy with low lighting, leather fixtures, and privacy. In the early hours, hear low levels of jazz but the bass will rise later once the DJ starts spinning.
While you’re there, grab a Champiña or Peach One from the signature menu. If you get hungry, there is a limited food menu with cheese plates, chicken empanadas, and chips and guacamole.
The Regent is open Thursday through Saturday from 7 pm to 2 am.
The Historic Deauville Beach Resort Miami Beach Set to be Demolished
The Deauville Beach Resort located in Miami Beach, will be finally be demolished after years of neglect and decay, the mayor of Miami Beach announced this week.
The order for demolition was delivered in a letter to the Miami Beach City Commission on Wednesday, after a report by the building’s owners concluding that the structure is hazardous to the public. An assessment was completed after the letter by the city that confirmed the results to the demolition order.
The hotel forced to close in 2017 due to an electrical fire, and it has been closed ever since.
The hotel was purchased in 2004 for only $4 million by Deauville Associates LLC, a business managed by Belinda and Richard Meruelo. For years, the 540-room hotel at 6701 Collins Avenue has been the subject of lawsuits and other disputes between the city and its owners.
According to a Miami Beach Historic Preservation Board meeting last week in which the board considered options for moving forward, the North Beach hotel has piled up fines totaling roughly $1.8 million since last year.
According to the Miami Beach’s deputy city manager, Eric Carpenter, said that the demolition process may take one to two months to complete once the permit is issued. Approval will come after the Miami-Dade County’s Department of Environmental Resources Management Department determines that the site is safe for demolition, which will include the process of asbestos removal.
Some locals have stated that the property was purposely left unattended and that there was no maintenance ever completed on the hotel.
There are currently no plans for the 3.8 acre site after the hotel is demolished but the property will no longer be considered an historic site once the hotel is removed.
The Deauville features many historic components from 1957, including a large swimming pool, hairdresser, ice skating rink, ballroom and radio station.
This historic hotel housed some of the most iconic performances ever made. The Beatles’ in 1964 on “The Ed Sullivan Show,” and Frank Sinatra. The hotel was also a spot for big names like Joan Rivers and President John F. Kennedy.
The South Beach Jazz Festival is Back for Another Year
The South Beach Jazz Festival is back for another year and we can’t be more excited! Scheduled for this weekend you can find some of the top jazz performers at venues throughout Miami Beach.
The show is set for January 7-9, 2022, and was designed to showcase the musical abilities of people with disabilities. According to the new President of Power Access, the non-profit organization that hosts the festival, “It is in our mission to provide opportunities for musicians with disabilities and so at least one musician in each group does have a disability,” states R. David New.
New himself became blind, deaf, and partially paralyzed due to a rare disease but later regained his ability to hear and walk. With his personal experiences, this festival is very close to him and he is happy to be able to continue the tradition for 2022.
The pre-festival show will take place at the Faena Theater on Thursday, Jan. 6th. The performers will include pianist Gonzalo Rubalcaba and singer Aymee Nuviola. Their recent 2020 album was nominated for a Grammy Award in the “Best Latin Jazz” category. The album is a tribute to their mothers as well as their home, Havana.
The opening act on Friday, January 7th is Grammy Award-winning Blind Boys of Alabama. Also performing is New Orleans saxophonist Donald Harrison and drummer Art Blakey’s famed Jazz Messengers. Also in attendance will be the University of Miami Jazz Quintet with Kaleen Barton.
The opening pre-festival and the Friday shows will be a ticketed event while the other shows are free.
As for COVID protocols, all performances are expected to be outside except the pre-festival show. According to R. David New, “We are taking every precaution possible to make our event safe and enjoyable for the entire community.” Social distancing and masks will be encouraged. To see a full list of performers as well as their locations, click here.
CEO of Kayak Breaks 2 New Condo Records all on the Same Day
Photo Credit: Eloy Carmenate
Kayak co-founder and CEO Steve Hafner paid $40 million for a penthouse on Fisher Island–Palazzo Della Luna after selling his smaller unit at L’Atelier Miami Beach for $36 million in two straight record-breaking deals.
One of the records include Mr. Hafner’s duplex at L’Atelier Miami Beach, which was listed for $39.9 million in March and sold on Friday. Mr. Hafner purchased his 6-bedroom, 7.5 bathroom unit at L’Atelier Miami Beach for $21 million in 2017 while the project was still under construction. Mr. Hafner and his wife, Staci Hafner, worked with Bart Reines Luxury Home Builder to redesign the 8,000-square-foot unit.
A glass elevator, a private 40-foot infinity pool, and a summer kitchen and bar are all included in the penthouse. SMG Management and W Capital Group developed L’Atelier.
Mr. Hafner then smashed his own record by purchasing a nearly 10,000-square-foot condo at the Palazzo Della Luna on Fisher Island later that evening. The seven-bedroom mansion was first listed for $40 million in 2018 and then relisted for $48 million in April.
The new purchase sits on Fisher Island, a 216-acre private island south of Miami Beach, and is home to around 800 CEOs and business owners. According to the listing, Mr. Hafner’s new house at the Palazzo Della Luna is on the 10th level with various terraces and a rooftop patio with a pool.
According to the company’s website, Mr. Hafner co-founded Kayak Software Corporation, an online travel booking tool, in 2004. Booking Holdings bought the company for $1.8 billion in 2013. According to property records, Mr. Hafner, who also owns residences in Rowayton, Conn., and the Hamptons, sold his New York condominium for $23.5 million earlier this month.
Before these new records, the county’s highest-priced condo purchase of the year was a penthouse at Continuum that sold for $35 million in April. The highest-priced condo transaction ever was a $60 million double penthouse at Faena House in 2015.
According to the press release, Hafner hasn’t been to their NYC apartment since the pandemic first started and they didn’t see a way back. The seller’s were represented by Eloy Carmenate with The Corcoran Group. The buyer of the L’Atelier penthouse is currently unknown.
Art Basel Miami is here and we’ve seen some of the hottest exhibitions, art, and parties that have taken place in Miami. These included the Dior Medallion Chair Exhibition, the Chanel No. 5 Centenary Celebration, the Confidante x Museum of Graffiti Skatepark, and so much more! Art Basel isn’t just about a week-long of art exhibits, it’s about expression, creativity, and of course, fun! We have compiled the hottest events for the rest of the week!
Exhibitions:
Empowering the Creators of Culture- Nft now x Christie’s Present “The Gateway”
Immerse yourself in a journey of discovery at nft now x Christie’s Art Basel 2021 gallery, The Gateway, a celebration of the NFT community and its achievements. Just as creators have been reclaiming the financial systems, we’ve taken over a 23,000 square foot darkened floor at a Miami bank building, transforming it into a maze of rooms that encourages attendees to use their senses to explore the space that now features carefully curated pieces from trailblazing artists. When: Friday, December 3-Opened to the public but registration is required.
Playboy & BIGBUNNY Present A Night of the Surreal
Playboy, the legendary lifestyle brand, will present an extraordinary evening at Casa Tua to unveil their surrealist perspective on Miami Art Week in honor of BIG BUNNY. The event will include newly commissioned pieces by Nina McNeely, Maurice Harris, Miranda Makaroff, Filip Custic, and Maria Forqué, as well as a selection of surrealist work from Playboy’s library, as well as DJ sets by Mona Matsuoka, Mia Moretti, and Boys Noize. When: Friday, December 3
Pop Up Shows
Pimp Your Bag with Olivia Steele and Vee Collective
Olivia Steele, a modern visual artist, will be personalizing Vee Collective bags from 1 to 7 p.m. at Showfields Miami. Vee Collective bags are made from 100 percent recyclable materials and have simple aesthetics that are ideal for travel, sports, shopping, or leisure. Olivia Steele will provide free customization to guests who purchase a Vee Collective bag. When: Friday, December 3
Marea Pop-up at Osteria Morini
Altamarea Group’s Marea will be in Miami for two days exclusively during Art Basel. This dinner series, held on the patio of the Kimpton Hotel, which also houses Altamarea Group’s younger sibling restaurant, Osteria Morini, will offer some of Marea’s characteristic dishes, including the famed octopus fusilli. From Friday, December 3rd through Saturday, December 4th, guests can enjoy a four-course tasting menu with carefully chosen wine-pairing for $375 per person at the Marea pop-up. When: Friday, December 3rd and Saturday, December 4th, Reservations can be made here.
Parties
E11EVEN Miami’s Line-up
The party will continue over the weekend, with a performance by Migos on Friday, December 3rd, and a special act to be revealed on Saturday night. Carnage + Bia will close up the long weekend with a live concert on Sunday, December 5th. 11miami.com
A-Trak & Friends
Chromeo, Dillon Francis, Boys Noise, Roger Sanchez, Kito, and Jubilee are among the cast members. Friday, 9 p.m., at Oasis Wynwood, 2335 N. Miami Ave., Miami. RSVP at tixr.com for free admission.
Donavan’s Yard
Sango, Kitty Cash, and the Sound Club also appear. 1-800-Lucky, 143 NW 23rd St., Miami; 305-768-9826; 1800lucky.com, 9 p.m. Friday. RSVP at eventbrite.com for free admission.
Essential
Miguel Migs, Jay-J, Mark Brickman, Dan. K, and Julie McKnight also star. No. 3 Social, 50 NW 24th St., Miami; 305-748-4540; no3social.com, 7 p.m. Friday. Tickets range from $20 to $35 and may be purchased at eventbrite.com.
NADA Afterparty
10 p.m. Friday, at Center for Subtropical Affairs, 7145 NW First Ct., Miami; cstamiami.org.
Lizzo
Saturday, at 9 p.m., at the Miami Beach Edition, 2901 Collins Ave., Miami Beach; 786-257-4500; editionhotels.com. The in-person event is by invitation only; livestream tickets range from $9.99 to $262.99 and are available at live-now.com.
Art, Blues, & Soul Festival
3 p.m. Saturday at African Heritage Cultural Arts, 6161 NW 22nd Ave., Miami; 305-638-6771; ahcacmiami.org. With Chrisette Michelle, Glenn Jones, and Jon B. Tickets range from $35 to $85 and are available at eventbrite.com.
Michael Bibi B2B Loco Dice, Luciano, and Art Department
Saturday, 4 p.m., at Factory Town, 4800 NW 37th Ave., Miami. Tickets range from $15 to $150 and are available at eventbrite.com.
Rock the Bells: Yacht the Basel
Kasha Paige, Just Blaze, DJ Millie, DJ Steve, DJ Nyla Symone, and DJ C-Stylez join the cast. Saturday, 1 to 6 p.m., at the Seafari Mega Yacht, Chopin Plaza, Miami. RSVP at eventbrite.com for free admission.
Basel Is Lucky
Art Department, Cocodrills, Andrea 10seconds, and Nelson Diaz will perform at 4 p.m. Sunday at 1-800-Lucky, 143 NW 23rd St., Miami; 305-768-9826; Admission is free before midnight; tickets cost $20 at eventbrite.com.
Miki Beach
Philipp Jung, Seth Schwarz, Dude Skywalker, Nii Tei, Alex Cecil, Iman Rizky, Freak the Disco, and others appear in this film. ATV Records, 1306 N. Miami Ave., Miami; 305-456-5613; atvrecords.com, 6 p.m. Sunday. Tickets are $30 through ra.co.
W South Beach Penthouse Sold to Entertainment Electronics Moguel
Jeff Walker, the President of Alliance Entertainment, an entertainment electronics company, recently purchased an upper Penthouse at the W South Beach for $9.25 million equating to nearly $4,000 per square foot.
Alliance Entertainment is located in Sunrise Florida and sells electronics (DVDs, Blu-rays, and video games) directly to retailers.
The property located at 2201 Collins Avenue, Unit 2006 in Miami Beach features 2,408 square feet of living space that spans over two levels with cascading glass balconies and two private rooftop terraces overlooking the Atlantic Ocean and Miami Skyline.
The unit also features 3 bedrooms, 3.5 bathrooms and is fully furnished. The kitchen boasts high-end stainless-steel appliances, quartz counters, and custom-made cabinetry. Just off one of the private terraces is the private plunge pool, grill, and lounge area.
According to county records, the seller was listed as SoBe W Estates and purchased the home in 2011 for $6.1 million.
The W South Beach is a 20-story condo-hotel development that was completed in 2009. The tower was developed by TriStar Capital, Related Urban Development, and Starwood Properties. The tower features 511 condo-hotel units that range from studio to four-bedroom floor plan options. There are also a few rare penthouses.
W South Beach offers luxury hotel amenities for all residents and guests including two pools with food and beverage services, private cabanas, and a full-service concierge. Other amenities include a 24-hour fitness center, tennis court, rooftop basketball court, business center, and much more!
Walker isn’t the first executive to live at W South Beach! This tower is known to house big-name developers, architects, and execs. During the construction of One Thousand Museum, Zaha Hadid purchased three combined units. The former Roadhouse Grill CEO also owned a penthouse in 2019 at the W South Beach.
Developer Sells Palm Island Mansion for $17 Million
Miami-based developer Pedro Adrian of Adrian Homes has recently sold his Palm Island waterfront mansion for a cool $17 Million. The buyer, listed under a LLC by the name of JLG Family Holdings LLC, purchased the property at $1,459 per square foot. The LLC is managed by Jorge and Aida Garcia of Miami Beach.
Located at 198 Palm Avenue, Miami Beach, this gorgeous estate was originally built in 2016 by Adrian and his wife Adria. Featuring 30,000 square feet of property and 100 feet of water frontage, this land is the perfect backdrop for the modern Mediterranean home.
The lot itself is considered one of the largest lots on Palm Island with one of the best views overlooking the downtown Miami Skyline.
The property features 14,000 square feet of unrivaled living space. A total of 6 bedrooms, 8.5 bathrooms, and a 4 car garage make this home truly spectacular. This mansion is not limited in amenities and the lucky buyers will enjoy a sauna, fitness room, and a temperature-controlled wine cellar.
This estate boasts top-of-the-line appliances and mechanicals. The backyard is complete with a 20×40 heated pool, expansive terrace with a summer kitchen and BBQ installation. The 2 large gazebos overlook the ocean and the spacious dock.
The Adrians own a primary home located at 145 Palm Avenue as well as an adjacent lot that features a tennis court.
Adrian Homes is a residential development company based in Miami. They have a long history with Miami and have been established in the area for the past 42 years. Adrian’s has built over 5,000 single-family homes as well as many retail and commercial centers in the Miami Area.
Sold Less Than 1 Year Ago- Chris Bosh’s Previous Waterfront Mansion Lists at a 192% Increase
Retired Miami Heat player, Chris Bosh sold his waterfront mansion in January 2021 for $14.4 million. The property located in Miami Beach has now been relisted at $42 million in less than 9 months.
According to county records, the current owner of the property is AquaBlue Group, a building design company also located in Miami Beach. AquaBlue is led by Philippe Harari and mainly does business in Miami. AquaBlue currently owns 2 Palm Island properties, 1 Hibiscus Island property, 1 Venetian Islands property, and a bayfront resort-like retreat.
The Miami Beach property was originally purchased for $695,000 in 1991 and the current home that sits on the lot was developed in 2008. In 2010, Chris Bosh purchased the property for $12.3 million. Over the years, Bosh has tried to sell the property for $18 million and $15 million, later selling in January 2021 for $14.4 million.
The waterfront Miami Beach mansion located at 6396 North Bay Road features 7 bedrooms, 8 bathrooms with 11,709 square feet of living space. The lot itself sits on 0.55 acres of water frontage directly on Biscayne Bay. This modern waterfront was architecturally designed by Touzet Studio with double-height rooms.
The custom Italian kitchen features unique modern cabinets, high-end appliances, and an expansive island. The master suite features direct bay views and a wet bar. The outdoor area is a perfect entertaining space with an outdoor kitchen, cabana bathrooms, infinity pool, gym, guesthouse, and boat dock. Custom branded Italian furniture will be included in the purchase.
The market has been surging with waterfront property transactions, including those on North Bay Road. In June, Dwayne Wade and his wife’s Gabrielle Union sold their home on North Bay Road for $22 million. Phil Collins also sold his waterfront home in January for $39.2 million. Jennifer Lopez and Ben Affleck rented a waterfront estate just 2 doors down from Wade for $150,000 monthly.
