Louis Vuitton CEO buys Miami Beach home
by Sep Niakan | January 28, 2014
|Allison Island and Michael Burke - Photo Credit: The Real Deal|
The CEO of Louis Vuitton, Michael Burke, recently purchased a home on Allison Island for $11.7 million. The one-acre estate features a guesthouse, tennis court, private dock, and approximately 200 square feet of waterfront. Burke, who plans to construct a new home on the site, purchased the property from Frank and Phyllis Bramson.
The original home, constructed by the Bramsons in 1962, is already in the process of being demolished. Although originally listed at $13 million, the reduced sales price marks the most expensive sale to date in Allison Island. Traditionally, property prices have not been as expensive in Allison Island; however, as land becomes increasingly more of a premium, prices have begun to surge.
by Sep Niakan | September 27, 2016
Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...
by Sep Niakan | September 26, 2016
Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...
by Sep Niakan | September 23, 2016
The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...