Miami, FL
Three excellent reasons to watch the Miami Grand Prix
Aka the Hard Rock Stadium Car Park GP. We reckon you should still tune in, even if it’s a one Dutchman show…
Sticking with the ‘three excellent reasons’ thing huh?
Yeah it’s… becoming a challenge. We went into the season all full of hope that F1 wouldn’t still be a one Dutchman show and that faith was badly misplaced. Oh well. Beats watching EastEnders.
And there’s plenty to get excited about beyond the end result, however grimly inevitable it may be. And having racked our brains for a long time (seriously) this is why we reckon you should tune in regardless.
One: things are getting spicy at Ferrari. Since the Spaniard is being kicked out of the team, he’s stopped driving like a team player and started driving like every race is an audition for another seat in 2025. And the result? The clash he and Charles Leclerc had in the sprint race in China a fortnight ago. More please!
Two: the midfield battle is genuinely close. RB, Haas, Williams, Alpine and Sauber are fighting tooth and nail for the scraps behind the top five teams, and if you’ve watched Drive to Survive you’ll know how much every point means to the backmarkers. Think of it as a relegation battle but, er, without the relegation.
Three: Fernando Alonso is box office. Doesn’t matter if he’s battling for P1 or P11, the 42-year-old delivers entertainment every time. In China his late-race dash to seventh was one of the highlights of the race, and included an incredible, full-opposite-lock save as he almost binned his Aston chasing Lewis Hamilton. Mad skills. What will he do next?
Set the scene for me.
F1 arrives in Miami with both championships basically a foregone conclusion already: Max Verstappen comfortably leads the drivers’ standings having won four of five races so far this season, and Red Bull is running away with the constructors title. Oh.
However, the team is mired in controversy thanks to (refuted) allegations made about team boss Christian Horner, and things have taken a dramatic turn as legendary designer Adrian Newey – perhaps the single biggest influence behind Red Bull’s success – has announced his departure from the team. Woah.
So all the talk now is about where Newey might go instead, and whether Max Verstappen might follow him through the exit door despite having by far the best car on the grid. F1 is weird.
Behind Red Bull, Ferrari has established itself as best of the rest with McLaren hot on its heels, while Mercedes and Aston Martin squabble over fourth and fifth.
There isn’t much to separate everyone else, hence why there’s been gossip about F1 changing its points system to give the backmarkers more to play for. How does points for the top 12 strike you?
What time does the Miami Grand Prix start?
If you’re watching from the UK, the Miami GP gets underway at 9pm on Sunday 5 May, exactly 24 hours after the start of qualifying on Saturday.
Of course, this isn’t a normal F1 race weekend: this is a sprint race weekend, which means less practice and more racing. The Sprint shootout begins at 9.30pm on Friday, with the Sprint itself taking place on Saturday 4 May at 5pm sharp.
Is it going to rain?
Unlikely. The forecast for Miami suggests a lovely 28 degrees and only partial cloud cover for the entirety of the race weekend, so don’t expect to see many brollies.
Gimme some history in 100 words or fewer.
Well, this won’t take long as the Miami Grand Prix is only in its third year. Max Verstappen won both editions of the race to date, with last year’s win proving to be the turning point in the championship as he recovered from ninth on the grid to take the chequered flag, humbling his pole-sitting teammate in the process. Sergio Perez’s form crumbled after that and, well, you know the rest. The Miami circuit is laid out in and around the Hard Rock Stadium, home to the Miami Dolphins NFL team. Apparently it’s a multi-porpoise venue.
The top three will be…
Gosh, this is almost as depressing as the ‘three excellent reasons’ bit. So let’s mix it up: the tension at Red Bull will explode in the form of Verstappen and Perez colliding in Turn 1, freeing up Lando Norris to take his first ever F1 win chased home by the Aston Martin of Fernando Alonso and the Williams of home favourite Logan Sargeant. You heard it here first.
Shock of the weekend?
Let’s go out on a limb: there will be bedlam in the stands as Lance Stroll isn’t eliminated in Q1, after which Stroll Snr will declare him world championship ready.
Where can I watch the Miami Grand Prix?
UK fans can watch on Sky Sports or Now TV… which livestreams Sky Sports. So either way, you need to get your eyeballs on Sky Sports. Which costs money.
The free way (or should we say, the free and legal way) is to wait for Channel 4’s highlights show, which this weekend will be shown at 1.30am on Monday because the race starts so late on Sunday night. Luckily, you’ve got the bank holiday to catch up on sleep. So no need to make excuses to your boss.
Qualifying and Sprint highlights will be broadcast at 1.15am on Sunday, while a Sprint shootout recap starts transmission at 9.05am on Saturday morning (in between Everybody Loves Raymond and The Simpsons).
If you’re fine with sounds but no pictures, BBC Radio 5 Live and Radio 5 Sports Extra will have live commentary throughout the weekend.
Miami, FL
Miami biotech executive was followed into his condo by man who allegedly threw him from 25th floor
A Miami biotech executive was followed into the skyscraper where he lived by the man, accused of pushing him off the building’s 25th floor, newly-released surveillance video shows.
Justin Zelin, 35, was seen walking into Miami Beach’s 47-story Akoya Condominium with a bearded man Corey Hutterli, 37, following behind on Feb. 12 — three days before his death, NBC6 reported.
Zelin, who was wearing a casual outfit, threw away some trash in a garbage can before walking up to the entry door in the high-rise condominium’s parking lot, unaware he would fall to his death.
Hutterli, who was wearing a bucket hat, was following closely behind, carrying bottles of alcohol.
Just three days later, Harvard graduate Zelin called 911 to report a disturbance. During the call, he ordered Hutterli to leave the apartment, WPLG reported.
Zelin, who had worked as a biotechnology equity research analyst at BTIG since January 2021, reportedly shouted, “Get away from me Sasha,” using a nickname Hutterli was known by.
There was a bust-up and cops said, “During said physical altercation defendant Hutterli caused victim Zelin to perish due to blunt force trauma.”
Zelin’s body hit a path on the ground floor, according to surveillance video recorded eight minutes after the 911 call.
Hutterli’s defense team claimed Zelin “went over the balcony” after an alleged mental episode.
They claimed Zelin, who was identified as JZ in court documents, screamed at Hutterli in “what can only be described as a complete break with reality.”
“JZ can be heard ranting, claiming that he was killed by a homeless person, and insisting that he is dead.
“During this mental break, JZ ran in and out of the apartment, and then he went over the balcony of his 25th-floor condo and fell to his death.”
But the state of Hutterli’s body suggested something more sinister had happened. He had scratches on his cheek, and a cut on his thumb.
He was also in what “appears to be an excited state, according to police.
“What’s going on?” a shoeless Hutterli asked one officer.
“Somebody, he freaked out, attacked me.”
The cop asked Hutterli if he was alone, to which he replied, “No I don’t know where he is.
“I kept telling him to relax.”
Hutterli then blurted out, “What is the situation? Did he jump?”
Cops then searched the apartment – which had items strewn inside – and they found Hutterli’s bucket hat.
There were blood spatters on the rails, and clumps of Hutterli’s beard hair were also found.
Blood was also found on Hutterli’s shirt – and they found ketamine in his bag.
Hutterli was arrested on April 8 and faces a second-degree murder charge, which carries a maximum sentence of life imprisonment.
Cops were able to make an arrest after Zelin’s DNA was discovered on Hutterli’s jacket.
He also faces burglary with assault or battery, possession of a controlled substance, and drug paraphernalia charges.
Tributes, meanwhile, were paid to Zelin following his death.
“Justin was one of the best biotech analysts I have ever worked with,” friend Amit Jolly wrote on Linkedin.
“His work was rigorous, thoughtful, and deeply coordinated.
“He had a rare ability to see around corners and articulate complex ideas with clarity and conviction.
“Our field has lost an extraordinary mind, and many of us have lost a trusted voice and friend.”
Miami, FL
Miami-Dade condo owners plead for help after weeks-long elevator outrage impacting residents’ health
Condominium owners near Doral are appealing for help after their buildings have been without elevator service for weeks. They are speaking exclusively with CBS News Miami, sharing stories of hardship amid the area’s suffocating heat. Several owners, who are elderly and have disabilities, say they are struggling to climb the stairs.
This is not the first time the issue has plagued Parkwood Condominiums. Last July, CBS News Miami reported that one building in the complex had been without elevator service for more than a week.
Currently, service has been out at 9240 Fontainebleau Boulevard since May 14. The elevator at 9270 Fontainebleau Boulevard has been out of service since May 15, and the elevator at 9180 Fontainebleau Boulevard is also non-functional, though the duration there is unknown.
Ronald Bedenis, who has lived on the fifth floor of 9240 Fontainebleau Boulevard for 31 years, expressed worry for his wife and others.
“It’s terrible. People are having a really difficult time,” Bedenis said. “My wife cannot go out. I have an 80-year-old woman who cannot go down the stairs. Another neighbor is 104 years old, and she is in a wheelchair. How is she supposed to get down and buy food?”
His neighbor, 68-year-old Sandra Hanson, shared her struggle. “It is horrible. It is very bad because my husband is 80 years old and he cannot walk. He is very sick. He is stressed out,” Hanson said.
At 9270 Fontainebleau Boulevard, 77-year-old heart patient Luis Jorge said the outage is impacting his health.
“They put two catheters in my heart before, and I have another operation coming up,” Jorge said. “To go down is not a problem. But to go up is a problem. We called, and there is no one to talk to. I feel like I am in prison”.
His neighbor, Iris Hernandez, called the situation “frustrating”.
“It’s a big hardship, and I am in disbelief,” Hernandez said. “I feel like I am in a nightmare. I would like to see the elevator fixed”.
CBS News Miami contacted Atlas Property Management Services in Doral and received a statement from Joaquin Alvarez, the property manager.
Alvarez reported some progress at 9270 Fontainebleau Boulevard, where a damaged property edge was repaired, but they are waiting for a control card. At 9240 Fontainebleau Boulevard, Alvarez said the elevator had a damaged valve, and he expected a new one to be installed by the end of the week. He confirmed the Condominium Association had authorized repairs.
For 9180 Fontainebleau Boulevard, Alvarez said the problem involves a defective control board, which the elevator company is working with the manufacturer to resolve. He noted the issue has been ongoing “for a while” but did not provide a repair completion date for that building.
Miami, FL
Developers pay off $115M in Miami construction loans as condos near sellout
South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region.
North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Brickell Park, while Rosso Development and Midtown Development paid off a $45 million mortgage to Arkansas-based Bank OZK for The Standard Residences, Midtown Miami.
The projects have hit major milestones.
North’s 172-unit Domus Brickell Park recently opened and has posted 120 closings, while Rosso and Midtown’s 228-unit Standard Residences is nearing completion with only five units left to sell.
North Development, a partnership between Ricardo Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica, paid off its loan in April for the building at 1611 Southwest Second Avenue.
The project offers a mix of studios, one-bedroom and two-bedroom units that are short-term rental friendly. Units were marketed from the $600,000s to $1.2 million.
Zyscovich Architects is the architect, and Urban Robot Associates is the interior design firm. Amenities include the Peacock Room, which Dunin previously described as an activated lobby with food and beverage concepts, a market, and co-working spaces for guests and the public that were inspired by the ACE hotel in New York.
The payoff comes as North pushes ahead with Domus Brickell Center, another short-term-rental-friendly condo tower nearby. The developer said that 35-story, 579-unit project at 1034 Southwest Second Avenue is more than 50 percent sold and ahead of schedule. Less than a year ago, the project secured $220 million in financing, consisting of $180 million in C-PACE funding from Coral Gables-based Bayview PACE and a $40 million mortgage from Core Capital.
A few miles north, Rosso Development and Midtown Development paid off a $45 million construction loan for The Standard Residences, Midtown Miami, the first standalone residential project from the lifestyle hospitality brand. Another Standard-branded residential tower is under development in Brickell by Newgard Development Group and Two Roads Development.
Designed by Arquitectonica, the 12-story Midtown project includes 228 residences and more than 34,000 square feet of amenities, featuring a rooftop pool, pickleball court, coworking spaces and several food-and-beverage offerings, including a Juvia Group restaurant on the rooftop.
Units range from 432 square feet to 965 square feet, and include studios to two-bedroom condos. Owners will be able to rent their units out for terms as short as one month. In October 2023, fewer than 35 units remained, priced between $500,000 to $1 million.
A JLL Capital Markets debt advisory team led by Brian Gaswirth and Jimmy Calvo arranged the financing in 2023. According to JLL, the loan was paid off ahead of schedule.
Bank OZK is one of South Florida’s most active condo construction lenders. The bank also provided PMG’s state record-setting $668 million construction loan for Waldorf Astoria Residences Miami, which is expected to become the tallest residential tower south of New York City.
Even as interest rates have gradually come down in recent years, the environment is still relatively high, and construction costs continue to climb.
Read more
Juvia to open rooftop restaurant at Standard Residences in Midtown
Development
South Florida
Standard Residences in Midtown Miami scores $45M construction loan
Residential
South Florida
Ricardo Dunin, Juan Carlos Tassara land $220M financing for Domus Brickell Center
Development
South Florida
Ricardo Dunin, Peruvian partner score $70M loan for Domus Brickell
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