Miami, FL
Bahamian casino mogul sells waterfront Miami mansion for $28.2M
Sebastian Bastian, CEO of Bahamian on line casino firm Island Luck, has bought his luxe Miami mansion for $28.2 million.
Positioned on the Venetian Islands, the newly constructed three-story house is made up of 5 bedrooms and 7 baths.
Spanning greater than 13,400 sq. ft, Bastian purchased the house in 2019 for $7.75 million earlier than its renovation — which suggests he stood to revenue considerably.
Developed by Todd Michael Glaser, the three-story residence was accomplished in 2021 and boasts panoramic waterfront views.
Options embody floor-to-ceiling glass sliding doorways, a customized marble bar, a movie show, a hearth pit, a summer season kitchen and a 10-foot infinity-edge pool.
There are additionally unobstructed views overlooking the Miami skyline.
Chad Carroll, Eli Faitelson and Korina Evaniuk with The Carroll Group represented the sellers within the off-market deal, whereas Jaime Blatt with Inside Community introduced the client.
Dwelling costs in Miami have skyrocketed within the current years.
In keeping with Realtor.com’s newest 2023 forecast, South Florida costs are set to extend 3.4% in 2023.
“The 2023 housing market may change into a ‘no person’s-market,’ not pleasant to consumers nor to sellers,” Realtor.com chief economist Danielle Hale wrote.
Miami, FL
A First Look Inside Chef Jean-Georges’ Miami Residential Building
French chef Jean-Georges Vongerichten might be known for his culinary empire, but now the famous chef is expanding his reach with his first-ever residential project: Jean-Georges Miami Tropic Residences.
Vongerichten partnered with developers Terra and Lion Development Group to launch the 48-story tower, which will house 329 condos ranging from one to four bedrooms. The building will have 41,000 square feet of amenity spaces, including landscaped gardens, a swimming pool with cabanas, a private rooftop restaurant, and a podcast recording studio. The ground floor of the building will have 27,500 square feet of high-end retail space. New York-based design firm Yabu Pushelberg is responsible for all of the interior spaces and Arquitectonica did the architecture. It’s located in the bustling Design District, known for its ultra-luxe stores, impressive art galleries, public art, and historic architecture.
“Yabu Pushelberg’s timeless design in the homes and spaces throughout the building is simultaneously serene and vibrant,” says David Martin, CEO of Terra. “The goal was to create a multi-layered experience. From the entrance to the residences, every detail reflects Yabu Pushelberg and Jean-Georges’ joint vision of fine living and entertaining.”
Previously, Vongerichten worked with Yabu Pushelberg to design The Fulton by Jean-Georges in New York, a waterfront restaurant within the city’s Seaport District. Unlike most of Miami’s white box interiors with stark-white walls and floors, Jean-Georges Miami Tropic Residences is infused with plenty of color that reflects the surrounding nature found in Miami. The interiors feature deep green hues, plenty of spectacular greenery. Walking through the entrance of the building is like walking through a garden oasis, with soaring green tiled walls and tropical plant-flanked walkway.
“We integrated shades of green, natural woods, and stones found in the tropics as a nod to Miami’s lush environment, allowing the surrounding flora and fauna to influence the interiors,” George Yabu, co-founder of Yabu Pushelberg tells Forbes. “We also layered in bold, playful textures throughout the project and added vibrant commissioned art to pay homage to the culture of Miami’s Design District.”
The residences feature warm textures and hues, with warm wood, and rose-colored tiling in a few of the kitchen layouts, and a living room with colorful furniture with yellow and green hues. Each residence is wrapped in floor-to-ceiling windows and sliding glass doors that open to a terrace with incredible views of the city and water. There are two color palettes: dawn, reflecting the delicate hues of early morning light, and dusk, featuring evening-inspired hues. The kitchens in the dawn color palette features Crema Marfil marble countertops and an orange-brown ceramic tile backsplash, warm champagne metal accents, and Italian wood cabinetry with a Beachwood finish. Meanwhile, the dusk kitchens have Green Diabaz stone countertops, dark-blue ceramic tile backsplash, rubbed metal accents, and Italian wood cabinetry in a dark finish. One of Vongerichten’s primary focuses was creating a versatile and ergonomic kitchen. He helped select materials and appliances and wanted the island to be the focal point of each kitchen.
“Our friendship with Jean-Georges naturally evolved from being neighbors in the West Village to creative collaborators,” says Glenn Pushelberg, the other co-founder of Yabu Pushelberg. “Introducing him to this project felt like a perfect fit—not only as a friend but as a visionary whose charisma and wisdom bring energy to every project. Our first collaboration, The Fulton restaurant, embraced the rich history of New York’s Pier 17, and with Miami Tropic, we drew similar inspiration from Miami’s vibrant surroundings, bringing to life the vision of the city we all dream of. Partnering with Jean-Georges to reimagine Miami living felt like a natural next step.”
While this is Vongerichten’s first residential project, it’s not his first foray outside of the restaurant space. This year, he helped open New York’s latest members’ club, Chez Margaux.
Miami, FL
Designs revealed for Miami-inspired city in the Middle East
A masterplan has been unveiled for a coastal neighborhood in Bahrain which is partly inspired by the U.S. city of Miami.
Bilaj Al Jazayer Beach will span just over two miles of length along Bahrain’s coastline. According to an official release, the mixed-use district will draw inspiration from Miami’s low-rise Art Deco buildings combined with traditional local design.
The walkable locale will feature new homes, hotels, and retail options in addition to public green spaces and “state-of-the-art” amenities.
The city is designed around three main streets, which will be lined with native trees and are intended to encourage walking and cycling across the district.
The site will be flanked by two large hotels, with smaller, boutique hotels positioned at 500-meter intervals throughout, and residential communities nestled in between.
Neighborhoods will incorporate shaded green courtyards and alleyways that the city’s designers say are inspired by Bahrain’s traditional design principles to create cool outdoor spaces.
At the heart of the development will lie a public surf park, featuring wave-generation technology to simulate the experience of a natural ocean environment on land.
The beach links to a network of piers stretching into the sea, forming protective coves to safeguard the shoreline, and a green park will serve to separate the beachfront from the main road.
“We are creating a green and walkable community on the beach, which offers a range of crafted experiences for residents and visitors,” said Gerard Evenden, head of Studio ar Foster + Partners, the firm behind the designs.
“The permeable development features tree-lined streets, shaded courtyards, and a spectacular public park that directly connects with the waterfront. Needless to say, the west-facing district will also offer some of the best sunset views in Bahrain,” Evenden added.
Newsweek has contacted Foster + Partners for comment via email form.
Bahrain, officially the Kingdom of Bahrain, is a small island nation in the Persian Gulf, situated between Saudi Arabia and Qatar.
With a population of around 1.5 million, its economy primarily relies on oil, financial services, and tourism.
In neighboring Saudi Arabia, the first project for the country’s Neom megacity recently opened.
Known as Sindalah, the opening of the “luxury island destination” represented a significant milestone for the project, which has become the world’s biggest construction site as part of an effort by Saudi Crown Prince Mohammed bin Salman to diversify the nation’s economy.
However, a recent report from human rights organization ALQST warned that companies working with the biggest construction projects in Saudi Arabia, which includes several American firms, run the risk of “political and reputational risks” as the projects face allegations of dangerous conditions and abuse of migrant workers.
The report came amid allegations that thousands of migrant construction workers have died or gone missing since 2017.
Do you have a story we should be covering? Do you have any questions about this article? Contact LiveNews@newsweek.com
Miami, FL
Triple shooting in NW Miami-Dade under investigation
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