Newsletter February 2017 & #8211; Barnes selection of activities and key real estate information
The editorial of February by Adam Redolfi: What trends for new programs?
Globally, the year 2016 was synonymous with a slight slowdown in the volume of purchase of construction projects in many global cities such as New York, Paris, Miami or London. There are, however, some differences between Miami and other international cities in the structure of new programs for example, in Miami, most developers can not give a shovel before selling 60 to 70% from project & #8211; to stabilize the market and avoid unsold products on delivery.
Projects that still have many units to sell, after a few months of marketing, choose to wait for the next cycle, on average 8 years later. The aim is to avoid half-empty buildings, as it can happen in other American or European cities. Generally, in cities such as London, Paris or New York, most developers start construction simultaneously at the start of marketing with the assumption that the building will be sold at the time of delivery. In a tougher market, developers redouble their creativity and innovative ideas, combining luxury with human-sized buildings, favoring a small number of units and partnering with a luxury home, or a renowned architect. World.
Why ? Because the beautiful and the rare are part of the timeless markets.
With this in mind, the promoter Vladislav Doronin, Russian billionaire, plans to go ahead with his first round of "condos" in Florida: " Missoni Baia". Same idea for Michael Stern who builds "Monad", very exclusive building on a human scale designed in Miami Beach by Jean Nouvel. It's the same with "Aston Martin Residences", and " Armani Casa"In terms of the use of branding, or the breakthrough of" Starchitects "Zaha Hadid, Norman Foster, Renzo Piano.
As always in real estate, the place is key too, because the investment "AAA" in Miami is always feet in the water, or in a neighborhood with strong pedestrian flow and easy access. With an average of 1,000 new residents per day in Florida, encompassing all types of budgets, from the most affordable to the most extravagant, promoters and investors still have opportunities in the making. The fundamentals should not be forgotten: bet on a quality program, choose trusted promoters, be accompanied by an expert which will guide you to the choices that will be best valued in the long term.
From February 3 to 5, 2017: Browse time with the Miami Antiques exhibition, Design & Art Show
Miami Antique, Design & Art Show is a fair full of history that makes you travel through time. Organized by Dolphin Promotions at the Miami Airport Convention Center, this event will feature antiques, unique and authentic decorative arts, gems, jewelery as well as crafts from the 17th, 18th and 19th centuries.
For more information: www.miamiantiquesartdesign.com/
From February 16 to 20, 2017: Take Off at the Boat Show, "Miami International Boat Show"
With 1,300 boats and 1,100 exhibitors expected this year at the Miami Marine Stadium & Basin Park, the 2017 edition of the Miami Boat Show promises to be another success. Organized mid-February, during "President's Day", it has become in 29 years, one of the largest show in the world. Visitors come from all over the world to discover the most modern and innovative yachts and sailboats, some leave with a new acquisition, others with dreams for another year!
For more information : www.miamiboatshow.com/
From February 16 to 20, 2017: Find the prestigious exhibition "Art Wynwood" at Art Wynwood Pavilion
Produced by Art Miami LLC, the annual "Art Wynwood" exhibition will bring together for a few days, collectors, street artists, young emerging talents and contemporary and modern artists of world renown. Last year, the fascinating art exhibition attracted more than 36,500 international artists and aficionados. Sponsored by legendary street artist Shepard Fairey, the sixth edition this year will feature 50 galleries from more than a dozen countries.
For more information: www.artwynwood.com/
February 22 to 26, 2017: Delight your taste buds with the SOBE Food and Wine Festival
It was in 2002 that the first culinary festival of South Beach was born. It has become a major event today, with giant tents along South Beach and more than 65,000 participants from around the world enjoying delicious meals prepared by famous chefs and enjoying fabulous wines.
For more information: www.sobefest.com
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