Mkmiamirealestate published articels marius koller by Le CITY deluxe

INTRODUCTION

New Vice President

Marius Koller

Vice President of Le CITY Deluxe USA, INC marius.koller@le-citydeluxe.com

arius Koller joins the worldwide publishing GROUP LE CITY deluxe as, the new Vice President of Le CITY Deluxe Magazine. Mr. Koller brings an extraordinary set of qualifications adding to the successful luxury publication group’s solid plans to expand the publication within the United States. With a background that encompasses luxury real estate, marketing, nightlife operations, events production, Mr. Koller offers his expertise beyond his traditional experience by having managed and copublished an international Lifestyle Magazine. His clear-eyed view of our mission expanding not only the printed edition but also the online version of the magazine via editorial e-commerce makes Marius Koller the perfect person to take on the role of the Vice President. As the founder of De Luxe Realty Partners specializing in commercial and residential real estate, closing hundreds of deals backed by “Transnational Referral Certification,” Marius Koller is considered one of the most respectable realtors in South Florida. Furthermore as the Founder of Global Assets Consulting, he introduces Hedge funds and Institutional Buyers to a Whole Sale Program of Banking Institutions. Along with his aptitude in the real estate market, Marius possesses great knowledge of what it takes to run a successful magazine. Prior to entering the real estate business, Marius was triumphantly in charge of an international publication, which circulated in Miami, New York, Los Angeles, Munich and Amsterdam. Having such broad knowledge of both businesses, Marius will assist in spearheading Le CITY Deluxe Magazine along with the CEO and Founder Claudia Trimde. Marius Koller’s focus will lie in the magazine’s Lifestyle, and Real Estate divisions by expanding and also including a HIGH ROLLER –asset portfolio exclusively offered to high-end property buyers around the world- a group that currently is one of the most target readership segment for the magazine. Headquartered in one of America’s most multinational cities, Koller’s goal is to ensure Le CITY Deluxe USA, earns its international recognition and serves as a cross-continental link between South America, Europe, and the United States. Thank you for joining us! Welcome!

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R TEN MUSEUM PARK $1,425,000

This 3 BD / 3 BA PH LOFT features over 2,560 SQ FT of open living space. Dramatic 20 FT high ceilings and one of the sexiest floor plans around. A true modern masterpiece in the sky! White flooring run throughout with walls of glass that enclose the second floor living spaces. Top of the line fixtures and appliances include Sub Zero, Meile, Bosch and Duravit. Stunning 44th level private dipping pool, finished with Bisazza tile, allows you to take advantage of the jaw dropping views. Este 3 BD / 3 BA es un Loft PH de casi 240 metros cuadrados de espacio abierto. Altos techos de 6 metros y uno de los pisos más bonitos de su alrededor. ¡Una verdadera obra de arte en consonancia con el cielo! Suelos blancos en todo el loft y paredes de cristal que enmarcan los espacios vitales de la segunda planta. En la lista de accesorios y productos se incluyen nombres como Sub Zero, Meile, Bosch y Duravit. En el impresionante nivel 44 se encuentra la piscina privada de inmersión, acabada con azulejos de Bisazza desde donde podrá contemplar unas vistas que le dejarán boquiabierto.

Iconic Art Deco Hotel $13,780,000

JAN · FEB 2013

Iconic 64 Rooms Art Deco Hotel with 20 parking space on prime intersection of Collins Avenue and Lincoln Road Location. Additional income generated by Restaurant Lease, Travel Agency Reception Office, and Scooter/Car Rental Desk. 64 bathrooms totally renovated. Excellent and Profitable Investment Property.

Icónico hotel estilo Art Decó con 64 habitaciones y plaza de garaje para 20 coches en la intersección principal de Collins Avenue y Lincoln Road. Goza además de los beneficios generados por el alquiler del Restaurante, una oficina de agencia de viajes, y una de alquiler de motos y coches. El total de las habitaciones posee su baño remodelado. Una excelente inversión en propiedades, de gran rentabilidad.

APR-MAY 2014

Le City Deluxe FEATURED PROPERTIES

1337 N Venetian Way $11,500,000 This waterfront home is a true trophy house on an oversized lot of 12,250 square feet and 70 feet of direct unobstructed bay views. Stunning marble/glass flooring, river-stones in bath areas, Swarovski Chandelier, electronic sheers/ blackouts and the highest quality fixtures. Perfectly manicured and mature landscaping for privacy. There are 5 bedrooms with rainwater showers with an additional 2 social bathrooms. Master features his/hers walk-in closets. Smart house technology by Control 4. Separate guest house and 2 car garage. New IPE outdoor decking along with jet-ski/boat lift. For further information please contact realestate@le-citydeluxe.com

44 W Rivo Alto Drive $16,495,000 Unique waterfront estate located on the Venetian Islands, walking distance to Sunset Harbor and Lincoln Road. The property is gated, providing complete privacy. Built in 2010 this sophisticated home is fully furnished with European furniture made to measure. Featuring a formal living room, formal dining room, breakfast area, home theater, outdoor grill and dining area and a spectacular kitchen with Gaggenau appliances. Very large master suite located on the second floor leading to a large sun deck balcony. For further information please contact realestate@le-citydeluxe.com

300 S Pointe Drive $14,600,000 This modern three story penthouse at Portofino Towers, boasts a 4,300 square foot interior and 2,200 square foot outdoor living space.This luxurious penthouse in South Beachâ&#x20AC;&#x2122;s most sought after location, has 3 bedrooms and 3.5 baths, along with an office. The rooftop has a covered summer kitchen, lounging areas and jacuzzi. Two story floor to ceiling windows showcase breathtaking views of the ocean, bay, and Miami skyline. The master suite has his/hers steam shower, floating tub and custom closets.

APR-MAY 2014

For further information please contact realestate@le-citydeluxe.com

R 3575 Stewart Avenue $16,900,000 3575 Stewart Avenue is breathtaking as sunrise sparkles into each luxurious feature of this estate built by Matheson in the 1930â&#x20AC;&#x2122;s situated at the end of prestigious Stewart Avenue in Entrada Estates, Coconut Grove. Almost one acre, 440 feet of waterfront including open Biscayne Bay views spanning Coconut Grove, Downtown Miami, South Beach and Key Biscayne skylines. Timeless original, completely renovated in 2009 to boast the greatness of South Florida living at its finest. Main house complete with five bedroom and bath suites, staff quarters, spectacular gourmet kitchen for the chef extraordinaire including four ovens, warming drawers, high capacity refrigerators tastefully allocated throughout, wine cellar, ceiling details and beautiful millwork. For further information please contact realestate@le-citydeluxe.com

9701 Collins Avenue #1101S $10,900,000 A stunning and unique palace in the sky with spectacular ocean, inter coastal and city views. Flawless, contemporary design with an extraordinary custom floor plan. The spacious unit at St. Regis, includes an oversized gourmet kitchen, spacious living and dining rooms. Exquisite finishes throughout. This is the ultimate oceanfront address in the heart of Floridaâ&#x20AC;&#x2122;s most fashionable destination.

For further information please contact realestate@le-citydeluxe.com

H OT E L

Miami Flair Meets European Innovation Fortune International Unveils Jade Signature

APR-MAY 2014

TEXT by Marius Koller

ortune International unveiled the newest addition to its prestigious collection of Jade appointed buildings with the highly coveted “Jade Signature” on Sunny Isles Beach. Founder and President of Fortune International Edgardo Defortuna assembled a world-class team for his latest creation, combining Pritzker Prizewinning Swiss architecture firm Herzog & de Meuron, Parisian interior design firm PYR led by Pierre-Yves Rochon, and renowned Miamibased landscape architecture firm Raymond Jungles. “We were lucky to get this unbelievable piece of property and we made sure to bring the dream team of professionals to Miami to help us create this architectural masterpiece. Jade Signature, like the city it’s built in, has a lot of glamour to it,” Ana Cristina Defortuna, Executive Vice President of Fortune International told Le CITY deluxe in a recent interview. The property’s reveal came as South Florida’s architectural status rose to new levels. With Herzog & de Meuron, Fortune International brought an outstanding project to Sunny Isles. “We’ve been waiting for the perfect time, location and talent to launch Jade Signature,” says Edgaro Defortuna. “It was our mission to deliver something that the market has never experienced before in Miami, and I think this development reflects exactly that. Herzog & de Meuron never cease to create beautiful designs

tailored to the surrounding environment, and with Fortune’s reputation for knowing what buyers of this caliber desire, I think we have perfected the elements for an extraordinary oceanfront building.”

“The property’s reveal came as South Florida’s architectural status rose to new levels” To achieve that seamless flow through design on the ground floor, the parking has been designed to go underground.“This is something done across the rest of the world to allow for a full connection to the land and environment of a property, and we wanted to make a commitment to bring that quality experience to the residents at Jade Signature,” says Edgardo Defortuna. “Working with Herzog & de Meuron, we were able to achieve this idyllic design and allow for unobstructed views of lush landscape and direct access to the beach.” These contemporary houses in the sky feature stunning oceanfront views with expansive

terraces, making up an impressive 30 percent of living space. Windows, designed to frame the horizon, reinforce the connection between interior and exterior. Interior design firm PYR, led by PierreYves Rochon, has refined the lobby, common areas and unit interiors. The company gained international prestige for elegant interiors in top luxury residences, spas and hotels, including Four Seasons George V in Paris, The Savoy Hotel in London, Hotel Sacher in Vienna and The Peninsula in Shanghai. “Pierre-Yvves Rochon knows how to bring that resort lifestyle component that we were looking for,” says Ana Cristina Defortuna. Working alongside PYR is the renowned designer Raymond Jungles was commissioned for lush tropical landscaping, shaping Jade Signature as a modern sanctuary from the inside and out. The 57-story building features 192 spacious homes, ranging from 1,400 to 10,500 square feet, with pricing ranging from $2 million to over $26 million. Jade Signature’s six Sky Villas are two stories with double height in the living areas and the two Signature penthouses each boast 360-degree views, 12 foot ceilings and a large terrace pool. Jade Signatures is expected to be complete by 2016

R TEN MUSEUM PARK $1,425,000

Iconic Art Deco Hotel $13,780,000

JAN · FEB 2013

www.mkmiamirealestate.com

305-942-3131

PRIMP SALON $ 299,000

MASTERPIECE $8,000,000 Sun lit modern masterpiece on prime Southeast Intracoastal point lot. Architecturally stunning with 22 foot high ceiling, walls of impact glass, limestone floors, Poggenpohl kitchen and private elevator. Rooftop terrace, 3 car garage with lifts, gorgeous swimming pool, smart house technology, surveillance system, generator and much more. El sol iluminaba esta moderna obra maestra moderna ubicada en el punto principal de “Southeast Intracoastal”. Arquitectónicamente impresionante, con techos de casi 7 metros, paredes de vidrio de impacto, pisos de piedra caliza, cocina Poggenpohl y ascensor privado. Terraza en la azotea, garaje para 3 coches, ascensores, una piscina preciosa, tecnología domótica, sistema de vigilancia, generador y mucho más…

Primp Salon is a pioneer in the salon and hair extension industry by being one of the first to offer same day 100% human hair extensions and superior salon service. The attention to detail and personal service of this boutique will surpass all previous experiences. The use of salon exclusive products, intimate ambience, and same day service are just a few highlights. Pricing at the Primp Salon is set to be affordable so that guests can enjoy the experience that they deserve. This Listing also would be an ideal Business opportunity for foreigners to obtain an E-2 Investment Visa.

Primp Salon es un Salón pionero en su campo así como en la industria de la extensión del cabello ya que es uno de los primeros en ofrecer en el mismo día un 100%de extensiones de cabello natural y por su servicio superior de peluquería. La atención al detalle y el servicio personalizado de este hotel boutique supera cualquier experiencia anterior. La utilización de productos exclusivos, el ambiente íntimo y el servicio “en el día”, son sólo algunas de sus características. La tasación del Primp Salón es razonable como lo es el hecho que los huéspedes puedan disfrutar de la experiencia que se merecen. Una oportunidad más a la lista de oportunidades de negocio, ideal para ideal para que los extranjeros puedan obtener un E-2 Visa de Inversión.

R E A L ESTAT E

The Miami Beach Edition

Vision of The Future The Rise of Miami's Luxury Developments Text by Marius Koller & Garrett Booker

eet some incredible new developments that will soon grace Miami’s skyline. Ian Schrager presents 26 One-of-a-Kind Residence -the The Miami Beach EDITION. He is back in Miami Beach for the first time in 17 years since the launch of his game-changing Delano hotel.Delano ushered in a new modern era and rebooted Miami Beach as a top resort destination. It was the first new hotel to come along since the 60’s, and it was truly groundbreaking. It attracted those who had previously abandoned Miami Beach for more exciting vacation locales. Miami Beach is no longer simply a resort destination, but is fast becoming a bonified, world-class, international city with its vibrant art scene,first-rate architecture and cultural institutions attracting global citizens from all around the world. This time Schrager introduces residential Miami living— homes fit perfectly global citizens. These 26 limited edition residences set themselves apart from anything else in Miami Beach and are the most unique and distinct spaces in all of South Florida. ”There is simply nothing else like them currently in the marketplace. We tried to capture the details of life in the details of the architecture,” says Schrager. All with commanding panoramic views, each of these sophisticated and stylish “Homes in the Sky”is a one-of-a-kind, custom one-off and different from the other. Designed by world-renown

architect John Pawson, the residences will sit on the top floors of the existing, landmarked 1950s building that will be the Miami Beach EDITION hotel, as well as in an adjacent, newly constructed 18-story tower.

"It’s the art of living not the job of living" Dedicated to the “Good Life”, The Residences offer the best of all worlds: the privacy and individuality of a custom, one-of-a-kind home; the benefit of ownership; and exclusive access to all the services, privileges and amenities of a unique world-class urban resort, including a myriad of exciting and dynamic food, beverage and entertainment options. Although part of The Miami Beach EDITION, The Residences will have their own dedicated private entrance as well as an anonymous “celebrity”entrance, for ultimate privacy. Taking into consideration that people come to Miami to be outside, the outdoor spaces at The Residences are finally done correctly and are not merely an afterthought. Expansive “Outdoor Rooms” invite effortless continuity between indoor and outdoor living. Gardens literally in the sky are akin to those found in private residential

homes. These extraordinary outdoor spaces feature private lap pools and plunge pools, outdoor kitchens, dining areas, fireplaces and pergolas designed by John Pawson. There is enough space for a private outdoor gym or to enjoy yoga, along with soaring panoramic views of both the ocean and the bay—you feel as if you are standing on the deck of a ship. Pawson uses an unparalleled level of finishes and details to create interiors of maximum comfort, functionality and aesthetic pleasure. Generous living areas are light filled with floor-to-ceiling windows and bleached teak wood flooring throughout, including the balconies and terraces. Each residence has Pawson’s magic touch with custom designed, open Bulthaup kitchens with islands as well as master bathrooms with Italian white onyx translucent screens and custom-cast integral concrete bathtubs and sinks. “It’s the art of living not the job of living.“ These unique homes, dedicated to the “Good Life”, offer all the benefits of ownership, the services and amenities of a world-class urban resort,and a completely managed household without the bother of managing it or the full expense of maintaining it. Schrager continues to exceed expectations by recognizing what residents want and need before they even know it themselves— a home with the work taken out of it, ideal for resort living

Faena House Miami Beach It’s the tower that could change a whole strip of Miami Beach. Underway on the waterfront at 3201 Collins Avenue, Faena House is designed by architects Foster + Partners to resemble “a towering ship at sea”. With balconies functioning like hallways to connect the rooms from the outside. Glass is everywhere and all but uninterrupted, with plans calling for sliding glass doors -- built to hurricane code, mind you -- as astonishingly wide as 12.5 feet. One to five bedrooms, each featuring panoramic oceanfront views will be included within the

Faena House. Three penthouses are now being offered, each comprised of an entire floor with encompassing outdoor space, private interior elevator, outdoor pool, over 8,000 square feet of interior living space and more than 7,000 square feet of outdoors. The interior and exterior views of this Miami high rise are enhanced by the amenities Faena has to offer. From the five-star concierge to the beachfront cabana service, Faena’s staff enriches luxurious living

FEB-MAR 2014

Regalia An innovative development on a prime oceanfront acreage will afford immediate ocean access, while on the second level an infinity-edge pool, a cool dipping pool, and a Jacuzzi are complemented by intimate cabanas nestled in dune-like screens surrounded by Native Florida plantings. This architectural masterpiece epitomizes gracious and luxurious living on the ocean’s edge. The unique flowing “organic”shape of this 47-story condominium tower appears to have been shaped by the oceans waves and wind. The Regalia Miami is a work of art, in its own right. -Northern Edge of Sunny Isles Beach -80% Reserved as of December 2013 -Price Range: $7.5 million to 9.5 million

400 Sunny Isles

FEB-MAR 2014

Key International-developer of The Ivy and Mint – has envisioned 400 Sunny Isles condominiums as a full-service luxury development that surpasses expectations. Two 20-story glass towers designed by Chad Oppenheim, has developed signature facades reminiscent of ever-fascinating mandalas. The Sandbox, provides 400 Sunny Isles with its own yacht and beach-club lounge. A T-shaped infinity pool with a cascading edge submerged aqua beds and swim-up bar services. Two clay tennis courts, saunas, steam rooms, and waterfall Jacuzzis along side a Rejuvenation Center

Brickell City Centre The Brickell City Centre is a $1.05 billion shopping and mixed-use project that will span four block t the west of Brickell Avenue and to the South of the Miami River. The project is being developed by Swire Properties Inc. and will include a department store, luxury shops, restaurants, hotel, office spaces, and condominiums.Â On July 15, 2013, it was announced that Swire Properties had purchased for just over $64 million an adjacent site at 700 Brickell Avenue in Miami, formerly the headquarters of Northern Trust Bank. In September 2013, a proposal was announced for an 80-story tower, called One Brickell City Centre

One Thousand Museum

by Zaha Hadid Architects Come To Miami

iami’s One Thousand Museum by Zaha Hadid Architects marks the Pritzker Prize winning architect’s first skyscraper design in the Western Hemisphere. Zaha Mohammad Hadid is an Iraqi-British architect. She received the Pritzker Architecture Prize in 2004—the first woman to do so—and the Stirling Prize in 2010 and 2011. Her buildings are distinctively futuristic, characterized by the powerful, curving forms of her elongated structures with multiple perspective points and fragmented geometry to evoke the chaos of modern life.With her name on the project and iconic design in the center of downtown Miami’s skyline, the tower will be the catalyst that shifts the center of gravity for high design and luxury residences to Downtown Miami. Overlooking Museum Park and Biscayne Bay, One Thousand Museum offers an unmatched standard of luxury living within Miami’s cultural nucleus, located directly across the street from the new Pérez Art Museum Miami,

which opened in December of last year, and the new Frost Museum of Science following, as well as the Adrienne Arsht Center for the Performing Arts one block north and American Airlines Arena a block to the south. Develo-

"The tower will be the catalyst that shifts the center of gravity for high design and luxury" ped by Louis Birdman and Gregg Covin with sales & marketing headed by ONE Sotheby’s International Realty, One Thousand Museum’s unprecedented fusion of art, architecture, design, location and luxury will make it Miami’s most coveted address

Le City Deluxe FEATURED PROPERTIES

7550 Bayside Lane $ 1,975,000Â Highly Rare & Coveted Point Lot with spectacular water and sunset views from every room! 300+ feet of water front in ultra private boaters paradise. Enjoy long water views from your heated salt-water pool and spa. New 50 ft. deep water dock with no fixedbridges and easy ocean access. Bright modern and low-mainteance.Home boasts mature mango trees, hurricane impact windows and doors, Hunter Douglas window treatments, phantom screens on all french doors, air-jet tub, stainless & granite kitchen.

FEB-MAR 2014

For further information please contact realestate@le-citydeluxe.com Photography by www.FreirePhotography.com

R Luxury Condominium at Four Seasons Residences in Brickell $21,950,000 Located at Miami’s finest address, this Four Seasons 5 Beds and 6 Baths mansion in the sky, offers extraordinary attention to detail, stunning panoramic vistas, and luxurious resort amenities. Perfectly perched on the 54th floor, this 8,911 square foot residence features 10’ floor-to-ceiling glass walls, two private elevators, magnificent corner living and dining rooms, restaurant-grade chefs kitchen, soundproof home theater with plush seating, spa, billiards room, 3 balconies, climate controlled wine storage for 1,800 bottles, home automation by Smart Home Designer, housekeeper’s suite, five deeded parking spaces, and more. Among the many meticulous details and sophisticated design elements are hand-laid, mosaic tumbled marble, leather herringbone flooring, Tai Ping silk carpet, and built-in custom designed furniture by Dakota Jackson. For further information please contact realestate@le-citydeluxe.com

Luxury Condominium at Icon, Miami Beach $2,295,000 This waterfront two bedroom, two and a half bathroom residence is in the coveted South of Fifth building Icon South Beach. The residences clean, minimalist design includes a European kitchen with Miele and SubZero appliances, floor-to-ceiling windows and an oversized terrace offering expansive views of the ocean and Government Cut. The Philippe Starck designed building has a fitness center, spa and pool, doorman, concierge, and valet. For further information please contact realestate@le-citydeluxe.com

Townhouse at Murano Grande $1,195,000 Rare to the market! This stunning Murano Grande splitlevel, waterfront townhome features a gracious layout with exquisite views of the bay and marina! Impeccably designed with custom fixtures, finishes and hardwood floors - this home offers the privacy of a single-family home, with the amenities of a world-class condo. An assigned parking space is strategically located directly outside of the unit - offering unmatched convenience and privacy. The property is zoned live/work. For further information please contact realestate@le-citydeluxe.com

Unit at St. Regis, 9701 Collins Avenue, $11,500,000

FEB-MAR 2014

Beachfront 4 bed/5 bath St Regis masterpiece by Alison Antrobus! This sought after one of a kind Mayfair unit is 3,912 square feet with an enormous 1,255 square feet balcony for a total of 5,167 square feet. Only the highest quality materials were used in construction and furnishing. This is a smart home that gives the owner full ambiance control including lighting, shades and HVAC controls. This unit is fully furnished and being sold turnkey.

For further information please contact realestate@le-citydeluxe.com

MICHAEL CAPPONI

Capponi’s recent development project Flamingo Residence

From Nightlife to Haute Life Interview with the President of Capponi Group

Interview by MARIUS KOLLER

n the early 90s Michael Capponi was the most celebrated party promoter on the beach. Even to this day, invitation to his parties are considered the hot-ticket item among the local trend-setters. However, Michael Capponi’s notoriety in Miami goes beyond haute functions. He is also a successful real estate developer and a noted philanthropist. Recently, Le CITY deluxe sat down for an interview with the famed CEO of Capponi group to find out about his vision for Miami and learn more about his charity work. In your early years you started working in Miami’s nightlife scene, how did your interest shift towards real estate development? Since I was a young promoter I was always intrigued by architecture and design. I remember Sylvester Stallone coming to my apartment when I was 20 years old at South Pointe towers and saying: “Wow, I've never seen a 20 year old with a place like this before.” I guess we’re all embedded with certain qualities and attributes. Mine were organizing events for large masses of people and creating beautiful homes and destinations for people to enjoy. What is Capponi Group’s main focus? I believe all the interests of Capponi Group

are of equal importance and are all intertwined. Some of the businesses may obviously generate different levels of income but all exist because of each other. It is nightlife and events that allow me to not only entertain the town but also to get to know everyone. It is development that lets me be creative and also involves me in revitalizing our beautiful Miami homes. These two main careers

"It is development that lets me be creative and also involves me in revitalizing our beautiful Miami” are also the reason why I am able to go to for example Haiti 70 times since the earthquake and help others. If it weren't for the ability to have city wide support and financial support too it would be very difficult to continually give aide and help to others. Our basic business model is similar to Virgin’s: ‘Create amazing companies and do the best you can in making the world better each day at a time by sharing and not only receiving.’

Are you working on any development projects in Haiti? I am only focused on my humanitarian efforts in Haiti now and not building anything there other than schools for now. I am also very involved with our community charities such as Miami Rescue Mission, Make-a-Wish Foundation and many others. What is your vision for Miami and Miami Beach? I have great faith and hope for Miami long term. I believe we will be the New York of the South East and every day we become closer to becoming one of the greatest cities in America. What do you think is an up-and-coming area of Miami that we should have a close watch on? I think that the area south of the Fontainebleau to the W hotel will all get filled in and that will be the new hot zone.This area will have Ian Schrager’s Edition, Beach House 8, Faena. Moreover, there will be so many great new restaurants in the area that it will be like the new south of 5th street area. It will also give new importance to residential neighborhoods like Flamingo and Pine Tree, similarly to how the Purdy avenue developments gave new life to Sunset Islands 3, 4 and the Venetians

R E A L ESTAT E

The Heat is On Miami Real Estate Market

DEC- JAN 2013/14

Text Marius Koller // Photography Alexander BernoldÂ

n the global real estate stage, the spotlight is set on Miami. Experiencing record high sales and dramatic price increases, the real estate in South Florida’s Magic City has surpassed its pre-recession, condo boom days. With a myriad of development projects breaking ground across Greater Miami, the lack of inventory on the Miami Real Estate market has expedited the sales of remaining luxury condominiums in South Beach, Sunny Isles, and Brickell. Increased Demand for Homes and Condos while Median Prices Soared by Double Digits Following record breaking sales activity for nearly three years, the Miami real estate market saw unprecedented growth in the third quarter of 2013 as demand for local real estate and limited supply continue to fuel double-digit growth in prices. Sales, Listings of Homes and Condos Grew There were 8,027 homes and condos sold in Miami-Dade County during the third quarter of 2013. This represented a significant 21.2% and 8.7% increase in the sales of homes and condos, respectively, compared with the same period in 2012. The growth in home sales was driven by a remarkable 89.5% increase in home sales $250,000 to $299,999 and a 67.7% growth in sales $600,000 to $999,999 when compared to the same time in 2012. Meanwhile, condo sales were driven by the 50.8% growth in condo sales $250,000 to $299,999 and a similar surge of 46.9% in condos $400,000 - $599,999 relative to the third quarter of last year. “The surge in sales of Miami homes and condos is driven by a robust demand for real estate from international buyers from worldwide markets – and large numbers of U. S. buyers from other states,” Nationally, total existing-home sales, including

single-family and condos, rose 5.9 percent to a seasonally adjusted annual rate of 5.36 million in the third quarter from 5.06 million in the second quarter,and were 13 percent above the 4.74 million pace during the third quarter of 2012, according to the National Association of Realtors. Statewide closed sales of existing single-family homes totaled 60,661 in the third quarter, up 17.3 percent compared to the year-ago figure, according to the latest housing data release by Florida Realtors. Closed sales of condominiums totaled 27,200, up 11.3 percent compared to 2012. Home and condo listings also grew by double digits in the third quarter. There were 5,937 new single-family home listings during Q3, a growth of 15.3% relative to the same period last year. Meanwhile,new condo listings were stronger with an increase of 20.5% from 6,872 in Q3 2012 to 8,282 this year. Median and Average Sales Prices Continue to Rise In the third quarter, the median sales price for homes in Miami-Dade County was $230,000, an increase of 21.3% compared to last year and 12% relative to the previous quarter. The median sales price for condos rose 26.6% to $183,600 in the third quarter compared to the second quarter of 2013.Third quarter price increases mark seven (7) quarters of increases for both single-family homes and condominiums. In addition, compared to last year, the average sales prices for single-family homes and condominiums increased 8.1% to $381,517 and 19.3% to $329,418, respectively. “Despite more new listings coming on the market, supply remains tight, particularly for properties in lower price points, for current level of demand for Miami properties. Nationally, the median sales price of existing single-family homes was $207,300 in the third quarter, up 12.5 percent from the third quarter of

2012. The national median sales price for condominiums was $205,400, a 15.1 percent increase over the previous year. The statewide median sales price for singlefamily existing homes in the third quarter was $175,000, up 18.6 percent from the same quarter a year ago.The median sales price for condominiums in Florida was up 23.8 percent compared to the same quarter last year at $130,000. Percentage of Cash Sales Declines In the third quarter, 59.3 percent of closed sales were all cash compared to 63.3 percent a year ago. All cash sales were 45 percent of single-family home closings and 71 percent of all condominium sales. Since nearly 90 percent of foreign buyers pay cash, this reflects Miami’s position as a top market for foreign buyers. Miami has a significant percentage of international buyers, generating many more cash transactions than the national average. Home Inventory Moving Rapidly Despite More New Listings Homes were sold much faster during the third quarter of 2013 compared to the previous year.The median duration of a home listing during the last quarter was 37 days compared to 43 days during the same period last year, a significant decrease of 14%. Meanwhile, condo listing durations were comparable to 2012 figures at a median of 46 days compared to 43 last year. Total third quarter active listings in MiamiDade County totaled 14,273, representing an increase of 14.2 percent. At the current sales pace, this reflects 4.9 months of inventory for single-family homes and 6.3 for condominiums. Months supply of inventory declined 12.5 percent for single-family homes and increased 11 percent for condominiums compared to the third quarter of 2012. For Feedback please contact: marius.koller@le-citydeluxe.com

Le City Deluxe FEATURED PROPERTIES

Penthouse at Bentley Bay $20,000,000 Bentley Bay Penthouse is the cream of the crop of condos. The award winning property is a Â 2-level unit that has 5 bedrooms, 5 bathrooms, and an astounding 6,000 square feet of living space, making it a veritable palace in the sky that is by far one of the largest on the market. The entire 23rd floor is part of your personal space, with a private entrance to ensure the utmost security and seclusion. The penthouse is fully automated by Smart Home Designer and includes state-of-the-art 20 foot LED wall, DJ Booth, Nightclub Sound-system, and video projectorsÂ .

DEC- JAN 2013/14

For further information please contact realestate@le-citydeluxe.com

Penthouse at SetaiÂ $11,900,000 Largest 5 bedroom unit with 360 degree breathtaking views from 36th floor. Custom kitchen cabinets and closets. All bedrooms, living room, dining and wet bar with thin LED TVs. Remote controlled shades in both master bedroom, kitchen. LED ambiance lights installed though out the unit.Â For further information please contact realestate@le-citydeluxe.com

135 Palm Avenue $10,500,000 Exclusive Palm Island masterpiece by world renowned architect Charles Harrison Pawley. Main house boasts 6 bedrooms and 6 baths, including 3 master suites, soaring wood coffered ceilings, gas fireplace, marble floors, entertainment, wet bar, wine cooler, gourmet kitchen. Separate 1/1 guesthouse.Â For further information please contact realestate@le-citydeluxe.com

10 Venetian Way Penthouse $3,718,000

For further information please contact realestate@le-citydeluxe.com

DEC- JAN 2013/14

Ultra modern penthouse located on Venetian Causeway. If you are looking for high ceilings, 360 degree views to the Bay & City Skyline & a loft-like feel, then welcome home to this unbelievable 2 story PH Duplex. Walk to Lincoln Road & restaurants, this condo is currently configured as a 2 bed + media room. 22' ceilings, 2 terraces, & custom finishes including Mia Cucina Italian kitchen, Wet Bar & Surround Stereo System. The master suite features sitting area, a master spa bath & two huge walk-in master closets.

FEB-MAR 2014

INTRODUCTION

A Year In Review

Marius Koller

Vice President of Le CITY Deluxe USA, INC marius.koller@le-citydeluxe.com

he sweetest hours fly fastest. In the blink of an eye, 365 days passed, and Le CITY deluxe USA turned 1 years old. It’s a stepping stone and the beginning of many years to come. Looking back and reflecting on our 12 months in the Magic City, we cannot help but feel an overwhelming sense of joy, thrill, and immense gratitude. Miami embraced us with its arms wide open and gave us a chance to bask in all its beauty. Beauty, contrary to popular belief, is not only skin deep. Everything about Miami is beautiful: nature, architecture, culture, and kindhearted souls that inhibit this sultry metropolis. Our 1 Year Anniversary edition is dedicated to our beloved city and all of the wonders it has selflessly shared with us. We pay homage to all that is exquisite. Fashion is synonymous with Miami, especially this time of the year as big designer brands, and creme-de-la-creme of couture industry, come to town to celebrate style, individuality and creativity. Fashion however, is not something that exists in clothes only. Fashion, is in the sky, in the streets, fashion is about ideas and our way of life. Featured in this issue of Le CITY deluxe, are individuals and enterprises whose passion, hard work and high regard for beauty, make Miami so alluring. Christian Alexander from Front Management takes us on an odyssey of nautical trends, while design icon LeiMarco delivers his sermon on self love and sense of style. PR maven Tara Solomon gives us an inside scoop on what’s in vogue this season in Miami, as our local prodigy designer Ema Savahl brings Magic City charm to Paris. Paolo Barone gives enlightening insight as to why ‘Old World’ ways make a modern man. While, CEO of de Grisogono, Fawaz Gruosi dares to take risks and embrace the eccentricities. Unique, audacious, and hardworking. Their style is a part of who they are and they aren’t afraid to share their bright spark with the world. They are visionaries, who are way ahead of their time. Smart Home Designers take Le CITY deluxe on an intergalactic journey through a $20Million Penthouse suite at Bentley Bay. And 1 Hotel’s dream team consisting of Richard LeFrak, Barry Sternlicht, Debora Aguiar, Tom Colicchio, created an isle of serenity right in the heart of South Beach. Allow Connie McSilver to take you to dark recesses of your mind and channel your subconscious. Awakening your emotions with her touching art work. All while Michelle Bernstein mesmerises you with her signature dishes. Welcome to this special edition of Le CITY deluxe USA!

R E A L ESTAT E

The Miami Beach Edition

Vision of The Future The Rise of Miami's Luxury Developments Text by Marius Koller & Garrett Booker

FEB-MAR 2014

400 Sunny Isles

FEB-MAR 2014

Brickell City Centre The Brickell City Centre is a $1.05 billion shopping and mixed-use project that will span four block t the west of Brickell Avenue and to the South of the Miami River. The project is being developed by Swire Properties Inc. and will include a department store, luxury shops, restaurants, hotel, office spaces, and condominiums. On July 15, 2013, it was announced that Swire Properties had purchased for just over $64 million an adjacent site at 700 Brickell Avenue in Miami, formerly the headquarters of Northern Trust Bank. In September 2013, a proposal was announced for an 80-story tower, called One Brickell City Centre

Resorts World Miami Malaysian resort conglomerate Genting Group presents Resorts World Miami, which is a major development, proposed for the Omni District of Downtown Miami scaling at 10 million square foot and at an estimated cost of $4 billion. This construction will be considered one of the largest developments in the history of Florida. The structure will include a large eight-story podium and stylized skyscrapers that are inspired by Miami’s own natural beauty of the Coral Reefs. It will include the site of the Miami Herald & El Nuevo headquarters buildings, bars and nightclubs, a luxury galleria consisting of vast amounts of retail, entertainment, and convention space. It will also consist of condominium towers and one of the largest lagoon swimming pools in the world. The Malaysian resort Genting Group might be willing to scale back its plan to build the world’s largest casino within the resort if they can at least have a resort with slot machines. They Genting Group would form a four-way partnership that would allow them to use a permit owned by Gulfstream Park racetrack to open a casino. The development will allow Miami to compete with the big boys, which includes the likes of New York City, Chicago, Los Angeles and Las Vegas. It will turn Miami into a first-rate city almost overnight and have a profound effect on property values as a result 14

INTRODUCTION

High Season in Miami

iami was voted one of the top destinations in the world to visit and live. Some of the 80 million yearly visitors to the Sunshine State decide to move to Miami and take advantage of the lifestyle, events, restaurants, nightlife, beautiful beaches and 3,200 hours of sunshine per year. Most visitors and part-time residents choose this time of year to come to the “American Riviera”. Others arrive to partake in major events during this season including Miami International Boat Show, Wine and Food Festival, Sony Ericsson Open andthe Miami International Film Festival. Based on the city’s geographical location and booming economy, new business ventures are expanding and the increase of job opportunities demands more housing. Also, because of the cultural Renaissance, Miami is going through, the desire for luxury properties is rising. Featured in this issue are some of the amazing new developments including The Edition, Faena, Regalia, 400 Sunny Isles, Brickell City Centre, Resorts World Miami and 1000 Museum. I hope you enjoy reading this issue and are inspired to take advantage of what this great city has to offer. Wishing you the Best!

Marius Koller

Vice President of Le CITY Deluxe USA, INC marius.koller@le-citydeluxe.com

Artefacto $25 Million Masterpiece

FEB-MAR 2014

"Our customers want great design, the finest materials, and impeccable craftsmanship"

making their client’s vision top priority. Brodson’s reputation in luxury residential construction is second to none in South Florida. Miami’s most sought-after residential neighborhoods are decorated with Brodson Construction homes. The company focuses on building spectacular, unique projects specific to their client’s specifications, achieving accolades from well known local residents like Cher and Robert Zarco. Brodsky's company, Brodson Construction, is co-developing with Sergio Rok, who's acclaimed for high-profile business dealings in Miami's real estate and banking sectors. Brodsky has executed the interiors of luxury retailers at Bal Harbour Shops and Village of Merrick Park, including Harry Winston, Louis Vuitton, Piaget, and Tory Burch. The contemporary designs, understated elegance, and superb quality of Artefacto have made it a badge of taste among affluent Brazilians, many of whom have homes in Miami, and for buyers from around the world. Broker Nelson Gonzalez of EWM is marketing the furnished property for $25 million. “Buyers are delighted when they walk into a home that totally reflects the way they envision themselves living,” Gonzalez says. “This branded residence represents turnkey perfection, from location and concept, through every element of design and craftsmanship.”

arry Brodsky is known for building the elegant interiors of top-tier luxury retailers, as well as lavish custom homes for the patrons of those same boutiques. Leveraging the power of top-tier branding,Brodsky and Artefacto's Paulo Bacchi have collaborated on a spectacular waterfront residence at 2068 North Bay Road in Miami Beach. "Villa Artefacto," the just completed 12,000-square-foot, two-story home on 100 feet of waterfront, is a logical step for Bacchi, who knows the value that an integrated concept adds to a branded home.His Brazilian-designed model residences have helped fuel the sales of many of Miami’s most impressive and pricey condominium projects. “We know our market and we know our customers,” says Bacchi. “They want great design, the finest materials, and impeccable craftsmanship. That is why Barry and I believe they will respond positively to this extraordinary property.” Barry Brodsky founded Brodson Construction in 1989 in Miami Florida, naming the company after his grandfather’s New York based general construction firm decades earlier. Currently enjoying its 20th year in the construction industry, Brodson has earned an incredible reputation both locally and nationally for the ability to execute extraordinary precision and detail on projects while