Miami Beach


Miami Beach News

  • Miami Beach Begins Prep for 'Ground Zero' Climate Damage

    Bloomberg BNA — Sea rise, storm surge and other climate change impacts could put billions of dollars worth of coastal properties and tourism activities in South Florida at risk, local officials said April 22 at a field hearing in Miami Beach organized by Sen. Bill Nelson (D-Fla.).

  • Scene Last Night: Colbert, Drapkin, Pohly, Tom Hill, Gilly

    Robert Pohly, founder of Samlyn Capital, said he’s so new to the Lincoln Center Theater’s board that he’s only been to one meeting.

  • How Overprotective Paris Became the Center of Street Art

    One morning last fall, American graffiti artist Cope2 (real name: Fernando Carlo) walked up the Rue Oberkampf in Paris to a bare wall abutting the century-old Café Charbon. A bald, thickset man dressed in a black T-shirt, jeans and work boots, he contemplated the surface while a crew of helpers tested a ladder for weight and unpacked bags of spray paint. Donning a protective mask, the 45-year-old practitioner of New York’s so-called Wildstyle shook the day’s first aerosol can and confidently began a billboard-sized composition consisting of the word Cope rendered repeatedly in blue and green balloon letters outlined in black.

  • Miami Luxury Condos Revived With Buyer Cash Deposits

    Gil Dezer, a Miami-area developer, five years ago had 850 unsold condominiums on his hands and almost $500 million in loans coming due as credit markets froze and buyers disappeared.

  • Miami Luxury Condos Revived With Buyer Cash Deposits

    Gil Dezer, a Miami-area developer, five years ago had 850 unsold condominiums on his hands and almost $500 million in loans coming due as credit markets froze and buyers disappeared.

  • Saba Lured by Biggest Fund Discounts Since ’09: Credit Markets

    Hedge-fund firms Saba Capital Management LP and Pine River Capital Management are piling into closed-end debt funds with share prices that plunged below the value of their assets by the most since the credit crisis.

  • Miami Beach Developers Indicted on Tax Charges for Hiding Assets Overseas

    Two Miami Beach hotel developers were charged with hiding more than $150 million in assets from the Internal Revenue Service, including real estate, luxury cars and a helicopter.

  • Miami Beach Banker Party Shows Why Hotel Debt Fills Bonds

    The Fontainebleau Miami Beach is booked solid next week as bankers prepare to crowd the iconic lobby for cocktails at an annual bond-market convention. For owner Jeffrey Soffer, the conference helps justify a $1 billion makeover that almost cost him the property three years ago.

  • Bitcoin Charges Against Miami Man May Proceed, Judge Says

    A Florida man can be charged with money laundering in a case involving the use of Bitcoins, a judge ruled, rejecting a defense claim that he did nothing illegal because the online currency isn’t money.

  • Bitcoin Charges Called Improper Because Currency Not Real

    Two Florida men charged with using the online Bitcoins in an alleged money-laundering scheme did nothing illegal because state law covers only currency issued by the U.S. or another country, their lawyers said.

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