The below graphs are taken from a recent (June 2019) report by Knight Frank on “prime” residential pricing across the world. They define “prime” as generally being the top 5% of each market by value. What these graphs show are the spread between the average… Read More
Richard Florida is currently running a four-part CityLab series on the economic performance of America’s cities. What makes this study somewhat unique is that it looks at cities proper, rather than at their larger metro areas. In some cases there may not be that much… Read More
I have a large, and growing, stack of books sitting beside my bed. It is a symptom of my interest in reading exceeding my actual capacity to read, given all the other things I’m doing. However, summer is a good time to get caught up… Read More
Miami has historically had a volatile housing market because of its position as a second-home destination and because of its dependency on Latin American buyers. There is perhaps no other housing market in the US with the same kind of overall reliance on capital from… Read More
This past weekend I toured my friend’s purpose-built rental project in Wynwood, called Midtown 29. It was completed last year and has already been stabilized. Real estate development is very much a local business. It is that way because so much of it is driven… Read More
I started reading a new book this weekend called, The Global Edge: Miami in the Twenty-First Century. When many (or perhaps most) people think of Miami/Miami Beach, they think of its beaches and resorts. And that is certainly a mainstay of the region’s offering. But… Read More
Last year, Jesse Keenan, Thomas Hill, and Anurag Gumber of Harvard University, published a research paper called, Climate gentrification: from theory to empiricism in Miami-Dade County, Florida. What they were trying to uncover was a possible relationship between climate change and single-family home pricing in… Read More
In 2017, the New York Times Style Magazine ran a piece on Harry Nuriev – and his design firm Crosby Studios – titled: The man designing spaces for the Instagram age. Since then, Harry and his firm have been in Time Magazine, have had a… Read More
BuildZoom, which is a tool to help people find local contractors, recently looked at construction costs across the US. Here is their 30-city average index running from 1950 to roughly today: Here is a chart showing the most and least expensive cities (that is, the… Read More
For this year’s Art Basel Miami Beach, artist Carsten Höller collaborated with Fondazione Prada to create a 3-night-only pop-up club called, The Prada Double Club Miami. By time you read this post, the pop-up is likely to be over. But it is an interesting space nonetheless.… Read More
