Miami Beach News
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Casa Casuarina, the Miami Beach mansion where fashion designer Gianni Versace was shot and killed in 1997, had its listing price lowered to $75 million after being listed for $125 million a year ago.
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Nearly every major cultural institution in New York has an organization devoted to cultivating future donors. They do this through a series of incentives like free admission to shows, openings and parties, where open bars are meant to open wallets. To oversimplify: liquor out, with hopes of money in later.
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Taavo Somer wanted to design Isa, his wood-rich Brooklyn restaurant, without squabbles or mistakes, so he built almost everything himself, from the door knobs to the tables.
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Bonds sold to finance Florida housing developments are being issued at the fastest rate in six years as investors seek extra yield from the municipal debt even as 85 percent of such securities have defaulted since 2008.
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Starwood Hotels & Resorts Worldwide Inc., owner of the luxury St. Regis and W brands, said first- quarter earnings rose 66 percent because of a tax benefit and growth in North America.
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The influential Miami-based collectors Mera and Don Rubell will focus on contemporary Chinese art in their next exhibition for the 2013 Art Basel Miami Beach in December.
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Xinhua Finance Ltd.’s former chief executive officer, Loretta Fredy Bush, was sentenced to one month in prison for conspiring to obstruct the Internal Revenue Service, resolving U.S. accusations that she joined a $50 million fraud scheme.
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On a snowy morning in the middle of February, Tony Blair, looking trim from his four- to five-times- a-week workout regime, is sipping coffee in his office in London’s Mayfair district.
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Blackstone Group LP plans to sell its London West Hollywood hotel to take advantage of a Los Angeles lodging recovery, said Jonathan Gray, global head of real estate at the private-equity firm.
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Morgans Hotel Group Co., the boutique-hotel operator under pressure from its largest shareholder, said Yucaipa Cos. will swap interests in the company’s convertible notes and preferred stock for its ownership in the Delano South Beach and the Light Group.
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