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Key Takeaways from The Real Deal’s 4th Annual Real Estate Showcase + Forum

Captured on January 02, 2016, in TORONTO, CANADA. Photo: Andrew Gosine

More than 4,500 of South Florida’s top movers and shakers in the real estate industry convened at The Real Deal Miami’s Real Estate Showcase & Forum on Oct. 26. The event was held at Soho Studios, in the heart of Wynwood’s arts district.

A number of panel discussions with South Florida’s top developers, real estate brokers (including our fabulous client, Coldwell Banker’s Southeast Regional VP Nancy Klock Corey) and investors were held to highlight the state of the market, post-Irma impact and plans for Miami’s growth.

Here are our top takeaways:

  1. Miami is in a unique position to compete against other major U.S. cities as a global cultural and trade hub.
  2. Land is scarce in South Florida — and continues to grow even scarcer. This is why holding onto prime land is always a smart decision.
  3. Even though Latin Americans still make up a viable market for South Florida’s real estate, developers are opening up to new foreign markets, like China, Turkey, and Europe.
  4. Hurricane Irma’s impact on South Florida caused a slowdown in sales in the month of September, but things are looking up. According to Corey, “those who didn’t buy in September, they’re coming back in.”
  5. Hurricane Irma not only brought our community together and proved its resilience, but it also was a testament to South Florida’s high standards for construction.
  6. Asking prices for homes listed for sale should be 5 or 6 percent above the likely selling price. Too often, homes are overpriced by about 20 percent.
  7. Affordability on the retail side is almost as important as affordability on the rental side.

Here at D&Co., we have a strong concentration in luxury real estate projects in the Florida and Aspen markets. We work closely with the regions’ top brokers, developers and sales managers, helping us to maintain a finger on the pulse of real estate in Florida, Aspen and beyond.

Some of the South Florida real estate clients and projects that we are currently involved with include: Coldwell Banker Residential Real Estate and The Jills®, Sabbia Beach in Pompano Beach, 7918 West Drive in North Bay Village, The Ocean Resort Residences at Conrad Fort Lauderdale Beach, The Ivory in Bay Harbor Islands, Forest View Estates in Hollywood, The Reserve at Edgewood, The Heafey Group, and Gulfstream Park. We also work with Gary Feldman Real Estate in Aspen, and Zenodro Homes in Orlando.

About Durée & Company

Durée & Company, Inc. is an award-winning full-service public relations, marketing and special events firm with offices in Fort Lauderdale, Florida and Aspen, Colorado. The firm serves the corporate, agency and non-profit arenas for local, national and international clients focusing on public relations for real estatepublic relations for restaurantspublic relations for law firmspublic relations for charitiespublic relations for healthcare, and many more. Durée & Company services include Public RelationsSocial MediaMarketingAdvertisingSpecial Events, and Radio Promotions and Outreach.

Coldwell Banker’s The Jills® List Fashion Mogul Tommy Hilfiger’s Estate at 605 Ocean Blvd. in Golden Beach for $27.5 Million

MIAMI (Feb. 23, 2017) — The Jills® have listed 605 Ocean Blvd. in Golden Beach, FL, 33160, the home of internationally renowned fashion mogul Tommy Hilfiger and his wife Dee Hilfiger, for $27.5 million. The 14,075-square-foot beachfront estate is completely designed by acclaimed interior designer Martyn Lawrence Bullard to the Hilfigers’ tastes, and features a design of art gallery/1960s/1970s style. The Jills sold the estate to the Hilfigers in 2013.

Boasting breathtaking direct ocean views and 100 feet of water frontage, the estate features seven bedrooms, eight bathrooms, four half bathrooms, and an elevator. Situated on a lush
27,500-square-foot lot, the estate offers a large oceanfront infinity pool as well as beautiful palms presiding over the private beach. It is one of a very small number of beachfront homes in exclusive Golden Beach, a luxury community home to many celebrities.

Additional property details include:

  • Designed with a polychrome motif, the estate, featured in the September 2014 issue of Architectural Digest, is a palace of whimsical color, eclectic furnishings and vibrant Pop and post-Pop art.
  • The bright and airy estate welcomes with clean white walls and white-glass tiles, accentuated by a black marble central staircase.
  • In the center of the home is the spacious living room, highlighted by a hair-on-hide carpet featuring vivid swirls. Black and white stripes don the kitchen floor.
  • The bedrooms entice with bright and bold colors and patterns. Scratch-and-sniff fruit wallpaper covers the walls of several of the guest bathrooms.
  • Tommy’s private office pays homage to the Hilfiger brand, with a montage of blue and red wall panels with white reveals.

“The Hilfigers had this estate designed to be a glamorous, sexy home where they could showcase their amazing collection of artwork, as well as incorporate a ‘groovy,’ colorful 1960s/1970s feel,” said Jill Hertzberg of The Jills. “This estate is truly a unique, spectacular find in Golden Beach, perfect for the luxury buyer who enjoys upscale, beachfront living.”

“This estate is pure Hilfiger style,” said Jill Eber of The Jills. “Designed with vibrant colors and a Studio 54 style, the estate is a beachfront gem in exclusive Golden Beach. Having sold this home to the Hilfigers four years ago, we are elated to once again showcase it to prospective buyers.”

Tweet: Tommy Hilfiger’s #GoldenBeach estate, featuring stunning 1960s/’70s style, listed by @TheJillsMiami @CB_Florida for $27.5M. #realesate #luxury

The Jills® team includes Jill Hertzberg, Jill Eber, Felise Eber, Danny Hertzberg and Hillary Hertzberg and specializes in high-end, multi-million dollar luxury properties in South Florida’s most elite enclaves representing celebrities, Fortune 500 executives, diverse international clientele and long-time Miami Beach residents. The Jills have been ranked the No. 1 Coldwell Banker team internationally five times.

About Coldwell Banker Residential Real Estate

Coldwell Banker Residential Real Estate is a leading full-service residential real estate brokerage company with approximately 85 offices and 5,000 affiliated sales associates serving the communities of Central Florida, Flagler, Brevard, Palm Beach, Southeast Florida, Southwest Florida, Tampa Bay and the Panhandle. For more information, visit ColdwellBankerHomes.com.

D&Co Takes a Trip Through 2015

A-Rod Baseball ClinicAs the year comes to a close, award-winning PR firm Durée & Company is looking back on our successes. It turns out that 2015 was a banner year for Durée & Company – not just our clients – as we expanded our Fort Lauderdale office and experienced continued growth.

Between our non-profit, law, real estate and restaurant clients, we are delighted to have helped many businesses and organizations achieve numerous goals this year. Here are a few highlights from 2015:

  • Events with two baseball All-Star players, the San Diego Padre Jon Jay and New York Yankee Alex Rodriguez, for Boys & Girls Clubs of Miami-Dade (BGC). The Padre hosted The Jon Jay FMSbonds Celebrity Bowling Challenge, which raised more than $50,000 while the Yankee slugger hosted an interactive baseball clinic as a part of his season-long program of visits to Clubs across the nation.
  • The opening of BRIO Tuscan Grille at the newly expanded wing of Dolphin Mall in Miami.
  • Taking home Gold Coast PR Council’s Bernays award in the category of PR Campaign by a Small Company or Firm.
  • Joining Lubell Rosen, Riverwalk Arts & Entertainment District and Heather Geronemus of Walk Like MADD & MADD Dash Fort Lauderdale 5K in the Mercedes-Benz Corporate Run in downtown Fort Lauderdale.
  • Planning and executing the Sabbia Beach Sales Gallery Grand Opening. Sabbia Beach, the first ultra-luxury “toes-in-the-sand” residential development in Pompano Beach in almost a decade, is scheduled to break ground in the first quarter of 2016, as part of the city’s incredible renaissance.
  • Duree influential business womenD&Co President Durée Ross was recognized as one of South Florida Business Journal’s 2015 Influential Business Women.
  • The Feeding South Florida press conference that announced Publix’s game-changing donation of cash and a refrigerated 18-wheeler to help feed hungry families in South Florida during the holidays and well beyond.
  • Thomas D’Eri of Rising Tide Car Wash spoke at the United Nations’ World Autism Awareness Day event “Employment: The Autism Advantage.”
  • Sabbia Beach joining forces with Rebuilding Together Broward Country to rehab a Pompano Beach home. D&Co President Durée Ross also joined the board for Rebuilding Together Broward County.
  • Two clients participated in this year’s Art Basel Miami Beach events. Museum of Contemporary Art North Miami hosted a breakthrough exhibition of Colombian abstract painter Carlos Salas and Coldwell Banker Residential Real Estate sponsored Sylvie Fleury’s “Eternity Now” art installation at bassX.

Thank you to everyone who has partnered with us to make this such a successful year for our firm. We’re proud to have clients that make a positive impact on South Florida and can’t wait to see what 2016 has in store. Wishing everyone happy holidays and a healthy, happy new year!