Oprah Winfrey's former 6,170 square foot Fisher Island penthouse was sold once again, this time for $13.5 cash to billionaire Lawrence Stroll, best known for taking the Michael Kors brand public three years ago. Winfrey, originally represented by hot shot Fisher Island broker Mary Ann Portell, negotiated the deal to then Chairman of the Board of Campbell's Soup, George Sherman, who bought it for $6.5 million in 2001. "That was unheard of at the time," says Portell. Sherman, who has built a mansion on La Gorce Island, still maintains a pied a terre on Gilligan', er Fisher Island.
March 06, 2014
October 23, 2013
Despite the fact that Miami has proven to be reality ratings poison (if you thought The Real Housewives of Miami was bad, Big Ang's Miami Monkey was an even bigger, er, bust), Bravo has just announced Million Dollar Listing Miami, which will, says the network, "showcase the sexy city where top luxury agents battle it out in the world of high-end real estate. With a surging market in South Florida, properties are selling for record rates and agents are cashing in on massive commissions like never before." Sound familiar? Like, perhaps the show-without-a-home Hot Listings Miami, featuring realtors Katrina Campins and Patricia Delinois? Not the same show. In fact, Campins is definitely not involved, confirmed her publicist Daphne Ortiz. In the meantime, a hot shot Miami realtor who was involved in an alleged casting for Million Dollar Listing Miami tells us the cast is made up of "unknowns." The network is keeping us in a holding pattern, but let's hope the boom isn't another bust for Bravo.
And thanks to Facebook, we may have just uncovered our first victim cast member: Stacy Milon, a nutrition and wellness coach married to Eric of Opium Group fame who also happens to be a realtor with The Carroll Group, Douglas Elliman's top producing agent in Miami. If it's not her, it's someone close to her, like, perhaps, Chad Carroll, of, uh, The Carroll Group. Yep, that's it. It's the comely Chad Carroll. Welcome to our world, Chad. And Stacy, too. We think.
September 09, 2013
I Wish, I Want: One Direction's Harry Styles possibly, maybe, maybe not buying a $19.5 mil Key Biscayne crib
While rumors abound via celebrity real estate blog Real Estalker that One Direction's 19-year-old Harry Styles is eyeing a massive Key Biscayne crib that would set him back at least a million bucks for every year of his 19-years on earth at a whopping listing price of $19.5 million, our real estate intelligence says no way. "His net worth is only $10 million at this point," says our spy, who also added that "Key Biscayne is too old, too foreign, and too stuffy for a British teenager." Well alrightey then, though we'd think most of America is too "foreign" for a Brit and much of Miami often too alien even for its own denizens. Styles is no ordinary teenager, of course, but for shame. He's only worth $10 million, which is still enough to buy a pricey house from high end Miami realtors The Jills. Incidentally, a rep for The Jills is on mute as usual, not yet returning our request for comment, but to borrow a quote from Jill Eber from our last real estate rumor about The Beckhams buying the Versace manse, "My comment would be we can't comment. Any buyer we work with is confidential.” In the meantime, click here for the listing at 755 S. Mashta Drive.
Update (9.16.13): Key Biscayne residents--primarily tweenage girls--are aflutter with excitement by alleged confirmations by alleged real estate professionals and big mouthed locals who say that yes, yes indeed, Harry Styles is going to be their neighbor. We once again tried contacting The Jills, but they must be busy with The Beckhams, their other alleged, potential clients who may, as of tomorrow, be the owners of the auctioned off Versace Mansion. We did manage to get a reply from a Sony Music/Columbia Records rep, Mike Navarra, who told us ever so predicably and cryptically, "There's no comment on this." Maybe those who have claimed to have already met Styles' house staff for tea and crumpets can give us more concrete answers.
August 07, 2013
A British magazine reports that Victoria and David Beckham have their eye on the Versace Mansion should Becks be bending towards bringing his MLS team down to Miami. Speculation has been that he is seriously considering it, but would the couple seriously consider living on one of Miami's most trafficked, touristy thoroughfares? Gianni Versace did it back in the day, but that was way before the TGI Friday's and Fat Tuesday's moved in. We asked someone close to the Beckhams and were told, "That house is way too tacky for Victoria. She may be a fashion icon, but I can't see her living in that ostentatious house on that dreadful street." Said Jill Eber of The Jills, the real estate team co-marketing the manse, which is set to be auctioned off in bankruptcy proceedings (min. bid $25 mil) September 17, "My comment would be we can't comment. Any buyer we work with is confidential." But according to Kevin Tomlinson, Vice President of ONE Sotheby's International, who has nothing to do with the property, "I've heard nothing. The Jordache family---Nakash--owns the lien so they're first up to get it." Or the first to sell it to the Beckhams. Stay tuned.
July 31, 2013
Say adios to The Voice judge Shakira, who just listed her North Bay Road home for $14.95 million, according to real estate blog Redfin. The home, located up the block from Matt Damon's home (listed at $20 mil) has, among other things, a state-of-the-art kitchen, a pool with a hardwood deck, a master bedroom with a nursery, guest quarters, and a gym. The listing is by Ben Moss, ex-husband of soon to be Style Channel reality star and real estate pro, Katrina Campins. Shakira joins an A-list of celebs including the aforementioned Damon, Billy Joel, Rosie O'Donnell, and Jennifer Lopez who have either sold or are selling their Miami cribs. To see Shakira's listing, click here.
May 22, 2013
TMZ reports that ARod has left the building--that is, his 9 bedroom, 11 bathroom Miami Beach manse, which he just sold for $30 million. Though the Yankee slugger took an $8 million pay cut in the price of the home, originally listed at $38 mil, he bought it in 2010 for $7.4 million, raking in a pretty impressive profit nonetheless. The buyer, TMZ says, is a Palm Beach celeb. Rush Limbaugh? Rod Stewart? G-d forbid Donald Trump? No one knows--yet. Says our real estate mole, "It's a couple from Palm Beach." The home is not so far from Matt Damon's, which is currently on the market for the bargain basement price of $20 million. True high rollers, however, may want to consider the Versace mansion, which just dropped its asking price today from $100 million to $75 million.
July 24, 2012
There are no real estate woes for the 1 percent. According to Kevin Tomlinson's South Beach Condos Blog, three North Bay Road homes were sold for $19.6 million to 37-year-old Ohio coal mining heir Wayne Boich, Jr., who plans to knock down all three homes and build one big billionaire bachelor pad. Boich's ICON South Beach penthouse is currently under contract for somewhere in the market of $21 million, closing allegedly on September 1. Boich is CEO of the eponymous Columbus-based Boich Group of Companies, which in 2008 teamed up with Ohio utility company FirstEnergy to buy the Signal Peak Coal Mine near Billings, Montana to create Signal Peak Energy. The company is also a big donor in political circles, too, especially to Speaker of the House John Boehner, a big supporter of clean coal efforts.
From clean coal to down and dirty partying, Boich, a LIV-fixture, is best known locally for dating Tara Reid many moons ago, and for his big, star studded birthday bashes, his latest featuring DJ Avicii spinning at his penthouse. His website describes him as "a man with vision, who has a deep concern for the community, society and the environment. These combined factors make him a powerful and articulate business man."
Incidentally, one of the homes he bought used to belong to former singer, beauty queen, Florida citrus spokesperson and anti-gay advocate Anita Bryant and then husband, late Miami DJ Bob Green back in 1982.
Update: So much for the billionaire bachelor pad. Congrats go out to Boich, who, last week announced his engagement to 29-year-old Cynthia Marin. The couple, who met in Spain over two years ago, will marry next year and move into that big ol' house they're building together. Mazel tov and move on, golddiggers.
June 04, 2012
Miami Heat player Mike Miller has put his Hillsboro Shores (Broward County) estate on the auction block for the second time. If Miller has his way, the place will be sold on June 30 to the highest bidder via Platinum Luxury Auctions, LLC, an auction house specializing in multi-million-dollar real estate and asset sales. The three level oceanfront estate has 6 bedrooms, 8 full bathrooms, 2 half bathrooms, an elevator, 2 kitchens, cigar and wine room, swim up pool bar and more. Before he decided to put it up for auction, Miller listed the home for $9 million. The home was originally scheduled to for auction in February, and while interest was allegedly generated, Miller decided to "re-offer" it now. In other words, he wants to get rid of it asap, so there's neither a minimum bid nor a reserve meaning it just goes to the highest bidder. To live like a baller, click here.
May 01, 2012
Singing the bleaus? Despite raking in the dough, Fontainebleau may still be on the verge of bankruptcy
Despite recent reports of raking in $9 in revenue per second and "leaving financial woes behind," the Fontainebleau may not be able to avoid filing for bankruptcy according to a leaked confidential memo sent out today by Fidelity National Title Group's Florida Underwriting Department to all Florida offices and agents of Chicago Title Insurance Company, Commonwealth Land Title Insurance Company, and Fidelity National Title Insurance Company.
Reads the memo, "You are hereby instructed not to close or process any title insurance transactions without prior written approval of the Underwriting Department in which the following individuals and entities are involved in the transaction: Bruce Weiner, Jackie Soffer, Jeffrey Soffer, and Ray Parello." The Soffers we know. As for Weiner, he's a former Turnberry CEO who has alleged that "Soffer siphoned millions of dollars from Turnberry companies for 'upkeep of his baronial lifestyle,'" while Parello is Turnberry's Director of Finance.
We sent the entire memo to our legal eagle, who, in layman's terms told us, "Sounds like he is going to have to file for bankruptcy. It also sounds like he is not going to be able to obtain title insurance for any of his properties that he either has or is planning to purchase in the future."
This, despite the fact that on April 3, the Herald's Doug Hanks wrote, "The 1,500-room resort that once publicly discussed bankruptcy proceedings now is impressing analysts with rapid profit growth and one of the most lucrative nightclubs in the country."
The Fontainebleau's Director of Public Relations Mabel De Beunza was unavailable for comment.
So were we just bam-bleau-zled (sorry) or is this not that shocking and no big deal? We'll leave that to the business experts like Hanks, who says "I would be cautious in assuming this will impact the Fontainebleau." We won't cry for them, but on second thought, for $9 a second we'll cry them a river.
March 30, 2012
After being axed by Oprah, Rosie O'Donnell has decided to pare down, first putting her Chicago home on the market for $2.5 million and now trying to unload her 11,000 square foot Star Island estate for the low, low price of $19,500,000, according to the South Beach Condo blog. She bought it back in '99 for $6,750,000. O'Donnell's not the only one to flee the island. Shoe designers Donald and Lisa Pliner are also outta there and moving to LA after reportedly selling their home, which was on the market for $19,999,999. We're sure the tour boats will miss O'Donnell mooning them from her Jet Ski.