Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase from two years ago.
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.
Casa Casuarina, the 10-bedroom Miami Beach mansion where fashion designer Gianni Versace was shot and killed, sold at an auction today for $41.5 million to a group including the owners of Jordache Enterprises Inc.
AlphaMetrix Group LLC, a Chicago- based firm that funnels investor money to fund managers, must repay about $600,000 to participants in commodity pools by Nov. 1, the National Futures Association said.