Posts categorized: Uncategorized

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Auberge Beach Fort Lauderdale approaches sellout in north tower

Auberge Beach Residences & Spa Fort Lauderdale is approaching a sellout in its North Tower while announcing $54 million in sales over the last 45 days for the two-tower luxury oceanfront development.

The North Tower, which is expected to be completed this year and will feature a Michelin-starred restaurant, is 90 percent sold. The South Tower, along with its full-service spa, is 45 percent sold and is expected to be delivered in 2018.

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Why Fort Lauderdale Real Estate is Booming Again

The South Florida condo boom is migrating north to Fort Lauderdale, offering a different style of luxury.

If you haven’t been to Fort Lauderdale recently, you’re in for a pleasant surprise. No longer Miami’s less flashy neighbor to the north, the city is undergoing a renaissance and establishing an identity of its own that’s a far cry from its reputation as a spring break paradise.

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Miami Dolphins Wives Luncheon with Darlene Perez at Auberge

Auberge Beach Residences & Spa welcomed the beautiful wives of Miami Dolphins players for an exclusive ladies luncheon, hosted by Kara Ross and Darlene Perez, for a special preview of the new Fort Lauderdale condo property that promises to be the social hotspot in the area. The new project recently broke ground and is considered to be the most exciting new complex in Broward County.

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OWNERS BREAK GROUND ON CONDO TOWERS TO REPLACE ICONIC IRELAND’S INN

Owners break ground on condo towers to replace iconic Ireland’s Inn

The Ireland and Mitchell families started discussing the idea of redeveloping their iconic Ireland’s Inn on Fort Lauderdale beach in 2002.

But before they could get serious, Hurricane Wilma hit in 2005, damaging the seven-story hotel, which closed for good in 2007. Plans were also put on hold over a historic preservation battle, and the nation’s housing meltdown and financial crisis led to still more delays.

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FORT LAUDERDALE FLORIDA: AUBERGE BEACH RESIDENCES AND SPA by Sophie Kalkreuth

In recent years Miami has seen a wave of glitzy new condominiums by star architects that target an increasingly international set of investors. Projects like Zaha Hadid’s One Museum Mile and Norman Foster’s Faena House have made headlines with record-breaking prices – penthouses upwards of US$60 million – international sales and sleek features like glass-enclosed rooftop pools that set new standards for luxury living in south Florida. Now, with limited beachfront land remaining in Miami, some developers are looking to Fort Lauderdale as the next destination for upscale residential development.

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HOW THE MAGIC CITY BECAME NEW YORK SOUTH FOR MANHATTAN BILLIONAIRES AND INVESTORS. BY SUZANNE MCCGEE

New Yorkers have long had close ties to Miami – from investing in the 1920s land boom to the glory days of the 1950s and 1960s, when the city was a millionaire’s playground and Joe DiMaggio and Frank Sinatra, along with the rest of the Rat Pack, partied at the iconic Fontainebleau. In the 1990s, a cohort of New York photographers, led by Bruce Weber, helped put the city on the map for the fashion set. The latest chapter in this tale of two cities sees Miami as magnet for a new Manhattan-amid the palm-trees crowd, who come with less fanfare than Sinatra, but with a lot more money – New York billionaires and centa-millionaires, like Goldman Sachs CEO Lloyd Blankfein or Leon Black, cofounder of private equity firm Apollo Global Management (estimated net work $5.1 billion), who are not only scooping up trophy properties in the Magic City, but also hanging around to enjoy the fun.

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FORT LAUDERDALE RISING

MIAMI MAY HAVE TAKEN THE LEAD IN THIS REAL ESTATE CYCLE, BUT MAJOR HIGH-END RESIDENTIAL DEVELOPMENTS ARE COMING TO AREAS OUTSIDE THE MAGIC CITY.

BY SEAN MCCAUGHAN

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Dan Marino Goes Deep, Buys Unit in Fort Lauderdale’s Priciest Condo

NFL Hall of Famer Dan Marino scooped up a unit at Fort Lauderdale’s most expensive condominium development, Auberge Beach Residences & Spa.

The former Miami Dolphins quarterback and his wife, Claire, are the first celebrities to purchase at Auberge. The price was not disclosed, and no deed has been recorded.

Their new home will be part of a two-tower waterfront development charging the highest price per square foot for Fort Lauderdale condos.