MIAMI IS FOR (ART) LOVERS
DuJour
In this Florida city, a new crop of ultra-luxury homes are being designed specifically for collectors
 In the 14 years since Art Basel’s Miami debut, galleries have proliferated, art fairs have multiplied and a slew of new arts and culture centers—including the Perez Art Museum, the Arsht Center for the Performing Arts, the Frost Museum of Science and the New World Center—have opened, a flourishing that has coincided with the city’s real estate boom, making Miami a very attractive place for art lovers to invest. Unsurprisingly, many of the contemporary art enthusiasts who fly in every December, among them Russian art patron Maria Baibakov and superdealer Larry Gagosian, have decided to take up more permanent residence.Â
Of course, not just any residence will do. Art lovers tend to be particular when it comes to their real estate: attuned not only to aesthetics, but the needs of their collection and, of course, the secondary market (a.k.a. resale value).Â
WRITTEN BY KIM VELSEY
Â
Back to Blog
-
UPS PICKS UP MIAMI DEVELOPMENT SITE FOR DISTRIBUTION WAREHOUSE: $31M
The Real Deal by Katherine Kallergis Prologis has sold a 43-acre development site west of Miami International Airport to UPS for $31 million. Records show UPS paid about $16 a foot for the property at 13200 Northwest 17th Street, which is slated to become a distribution warehouse. The land is approved for up to 5.3 […]
Read more -
DOUGLAS ELLIMAN RELEASES EXCLUSIVE 1ST QUARTER 2021 ELLIMAN REPORT FOR THE MIAMI, BOCA RATON, FORT LAUDERDALE, AND PALM BEACH MARKETS
It is with great pleasure that I share with you the just released first quarter 2021 “Elliman Reports” for the Florida sales markets, the leading resource on the state of these markets. Our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and objective market insight available. Boca Raton/Highland Beach’s brisk market conditions […]
Read more -
DOUGLAS ELLIMAN RELEASES EXCLUSIVE 4TH QUARTER 2020 ELLIMAN REPORT FOR THE MIAMI, BOCA RATON, FORT LAUDERDALE, AND PALM BEACH MARKETS
It is with great pleasure that I share with you the just released fourth quarter 2020 “Elliman Reports” for the Florida sales markets, the leading resource on the state of these markets. Our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and objective market insight available. Sales in Boca Raton/Highland Beach rose sharply higher […]
Read more -
DOUGLAS ELLIMAN RELEASES EXCLUSIVE 3RD QUARTER 2020 ELLIMAN REPORT FOR THE MIAMI, BOCA RATON, FORT LAUDERDALE, AND PALM BEACH MARKETS
It is with great pleasure that I share with you the just released third quarter 2020 “Elliman Reports” for the Florida sales markets, the leading resource on the state of these markets. Our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and objective market insight available. Sales in Boca Raton/Highland […]
Read more
