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Breaking News: ONE Sotheby’s International Realty Acquires Duek Realty

Top Florida Brokerage Continues Rapid Expansion with the Addition of Duek Realty’s Expert International Team

MIAMI, FL (February 18, 2020) – ONE Sotheby’s International Realty, Florida’s leading luxury real estate brokerage, announces the addition of boutique real estate firm, Duek Realty. The acquisition marks the firms second merger in the last three months and solidifies ONE Sotheby’s position as the premier source for luxury real estate on the East Coast of Florida. Owned by André Duek and Carolina Lara, Duek Realty will merge into the daily operations of ONE Sotheby’s International Realty.

“We are thrilled to welcome André, Carolina and the Duek Realty team to our family,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “Miami is known for attracting international buyers, and bringing on Duek Realty – a firm that has shown extensive expertise in assisting foreign clients – is a significant addition to our diverse and growing team of agents.”

As part of ONE Sotheby’s International Realty’s aggressive growth strategy aimed at attracting leading industry talent, the company will onboard Duek Realty’s power team of 16 agents to their flourishing network of more than 900 real estate professionals. The addition is the firm’s seventh acquisition in the last two years and brings the brokerage’s total number of offices to 18 locations across South and Central Florida.

“When we first founded our company, it was our goal to be the best boutique real estate firm in Miami,” said André Duek, the company’s CEO and founder with 30+ years of business experience. “After growing our company and surpassing our goals, we were ready to propel our business to the next level. ONE Sotheby’s International Realty is a powerhouse brand, and its global network along with its exceptional reputation will allow us to continue expanding while providing our clients with the highest level of service.”

Founded in 2012, Duek Realty has quickly become a strong reference point for international buyers, specifically in Brazil, looking to purchase a property in Florida. With an average of 200 properties sold per year and nearly 1,500 transactions under their belt, Duek Realty will be joining the Aventura and Boca Raton office under their new brand, DUEK LARA Group by ONE Sotheby’s International Realty.

“Since Duek Realty was founded, our goal was to constantly be on the edge of information, service and expertise for both our clients and agents,” said Carolina Lara, Broker and co-owner of Duek Realty. “We have always admired ONE Sotheby’s International Realty’s culture and standards and we are eager to bring their innovative technology and vast global exposure to our team and our clients.”

ONE Sotheby’s continues to be Florida’s leading real estate brokerage and voice for luxury buyers and sellers on the East Coast. Last November, ONE Sotheby’s acquired Treasure Coast Sotheby’s International Realty, marking the firm’s entrance into the Central Florida market. This year, the leading luxury brokerage is expected to continue to expand.

About ONE Sotheby’s International Realty

ONE Sotheby’s International Realty is Florida’s premier source for luxury real estate and development opportunities with 18 offices spanning from Miami and Key Biscayne to Vero Beach and Melbourne. Since its inception in 2008, ONE Sotheby’s International Realty has recruited more than 900 of the world’s most passionate and well-connected agents. For more than 250 years, the Sotheby’s name has exemplified the promise of a life well lived, and ONE Sotheby’s International Realty’s direct affiliation with Sotheby’s and Sotheby’s International Realty has offered the company unparalleled, global reach – an attribute sellers reap the full benefit of as their homes receive prime exposure to a network of more than 22,700 associates in more than 72 countries and territories with more than 1,000 offices.

In addition to its luxury brokerage division, the firm also boasts a development sales division representing some of Florida’s most successful and prestigious condo developments with a total inventory of over $3.1 billion. Offering committed professionals, backed by a global brand with a heritage of unsurpassed quality, value and trust, ONE Sotheby’s International Realty is dedicated to giving extraordinary lives a home to thrive.

For more information about the South and Central Florida market or about working with ONE Sotheby’s International Realty, please visit www.onesothebysrealty.com.

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Guitar-shaped Hard Rock hotel opens in Hollywood, Florida

The world’s first guitar-shaped hotel has officially opened for business. Standing 450 feet tall is the new face of the Seminole Hard Rock Hotel & Casino in Hollywood, Florida—a surprisingly striking piece of architecture considering (or because?) it resembles a giant instrument. The curvaceous building is part of a $1.5 billion expansion on the existing entertainment complex that wrapped up construction this summer. Designed by Hard Rock International’s go-to architect, Steve Peck of the Las Vegas-based firm Klai Juba Wald Architecture, the unprecedented structure took nearly 10 years to design and build. The 36-story hotel is the type of architectural landmark fit for the Hard Rock brand; it even features a rockin’ light show across its reflective glass facade.

Created in conjunction with DeSimone Consulting Engineers, who led the engineering on the project, the tower blends into the dark sky at night. The design team worked with Boston lighting designer DCL and Montreal digital agency Float4 to integrate 16,800 V-sticks (strips of LED video fixtures) on the rim of the guitar and the six vertical strings that run down its middle. Each evening, the hotel becomes a temporary light installation with interactive choreography set to music from Float4 and LED experts SACO Technologies.

According to the Miami Herald, whether it’s day or night, the Hard Rock guitar is the largest physical attraction in the South Florida landscape for miles. This means guests within its 638 rooms have unobstructed views in all directions, including the Hollywood beachfront and downtown Miami, thanks to its floor-to-ceiling glass walls. The interiors of the hotel were designed by Wilson Associates and Rockwell Group. In addition to the guitar-shaped structure, the original Seminole Hard Rock Hotel building was fully renovated and a 7,000-seat performance venue was built on site. The existing pool resort area was expanded to 13.5 acres with a surrounding landscape by EDSA.

SOURCE: ArchPaper

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Desemprego de imigrantes diminui nos EUA e Brasileiros ganham espaço

Os Estados Unidos vivem sua menor taxa de desocupação em quase 50 anos e os imigrantes estão tirando proveito deste cenário. Em junho deste ano, a economia americana gerou 224 mil empregos, conforme estudo divulgado pelo Bureau of Labor Statistics nos EUA, o que incluiu postos para trabalhadores vindos do exterior, com destaque para brasileiros.

Segundo dados da pesquisa, em 2018 havia 28.2 milhões de pessoas nascidas no exterior integrando a força de trabalho dos EUA, o que significa 17.4% do total. Para o especialista em negócios internacionais, André Duek, que reside e investiga o mercado americano há quase 10 anos, esse contexto favorece o desempenho de brasileiros, que, com sua criatividade e perfil empreendedor, têm garantido mais espaço na terra do tio Sam.

“O sucesso de toda grande empresa depende, e muito, da força de trabalho que ela nutre. Em um país continental como os EUA e tão diverso do ponto de vista de imigração, o mercado está se adaptando esta globalização de talentos profissionais. Sem dúvida, o perfil do brasileiro faz sucesso, pois este já chega no mercado americano disposto a dominar o inglês e muitas vezes o espanhol, com um perfil criativo e comunicativo”, pondera Duek.

Empregos ‘Made in Brazil’

Dados do Mapa Bilateral de Investimentos Brasil/USA 2019, desenvolvido pela Apex-Brasil em parceria com o Brazil-US Business Council e Amcham Brasil, divulgado este ano, mostram também uma alta na geração de empregos pelas empresas brasileiras presentes nos EUA. Empreendendo em diferentes setores como, metais, comércio atacadista e instituições financeiras, as afiliadas brasileiras empregaram 74.200 funcionários nos Estados Unidos em 2015 – dado mais recente divulgado até agora.

De 2009 a 2015, as empresas brasileiras nos Estados Unidos venderam significativamente mais internamente e geraram mais valor agregado nos Estados Unidos em comparação com outras economias, como Índia, China, Rússia e México. O Brasil foi o segundo país que mais gerou empregos, atrás apenas do México. Empresas brasileiras, em 2015, detinham $102.2 bilhões em ativos nos Estados Unidos, o dobro de 2009.

“O recente posicionamento de empresas brasileiras no mercado americano, de forma mais planejada e perene, garantiu uma longevidade maior às iniciativas. Mais negócios consolidados, mais vagas de trabalho. É uma matemática exata que favorece a geração de empregos”, pondera André Duek, que auxilia na implementação estratégica de empresas no exterior.

Brasileiros mais escolarizados

De acordo com a pesquisa do Bureau, o percentual de estrangeiros que integrava o mercado de trabalho nos EUA e possuíam um diploma de bacharel ou formação superior foi de 36.9%. Os que detinham diploma de ensino médio registraram 25.1% percentual, muito próximo ao de americanos nativos com diploma e ensino médio de 25.6%.

“A oferta de vistos para profissionais estrangeiros altamente qualificados é uma das lógicas seguidas pelo governo americano para impulsionar o mercado com a utilização de mão de obra profissional vinda de fora. Talentos profissionais que não serão desperdiçados pela maior economia do mundo que precisa seguir crescendo”, pondera Duek.

Outro detalhe mostrado pelo estudo é que homens estrangeiros representaram 77.9% da mão de obra, enquanto nativos representaram 67.3%. A presença de mulheres estrangeiras no mercado de trabalho, no entanto, foi menor que a de americanas nativas, sendo 54.3% e 57.6% respectivamente.

Vistos de trabalho

Os Estados Unidos oferecem diversos vistos para profissionais que desejam ingressar no mercado. O visto H1-B, por exemplo, é direcionado para trabalhadores estrangeiros qualificados com emprego temporário nos EUA. Profissionais especializados em áreas como TI, finanças, contabilidade, arquitetura, engenharia, matemática, ciências, medicina, entre outras, podem se valer deste visto.

Os vistos H2-A são reservados para trabalhadores agrícolas estrangeiros temporariamente. Já o visto H-2B destina-se a trabalhadores temporários estrangeiros em campos não agrícolas para trabalhar nos Estados Unidos, como motoristas de caminhão, suporte de esqui, hotéis, resorts de praia ou parques de diversões. Os vistos P são usados, principalmente por artistas e atletas que irão aos EUA para compromissos temporários.

Atuante há 33 anos no mercado nacional e internacional, André Duek é um empresário com experiência na gestão de grandes empresas no Brasil como as marcas de moda Triton, Forum e Tufi Duek. Nos EUA há 7 anos, consolidou, entre vários negócios de sucesso, a Duek Realty que é uma boutique imobiliária e a primeira empresa de locação de motorhomes gerida por brasileiros no país, a Duek Motorhomes. Fora do escopo empresarial, ainda foi comentarista esportivo nos canais ESPN Brasil, no grupo Bandeirantes e atualmente na plataforma global de streaming digital DAZN.

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We Participate: Miami Herald Real Estate Survey 2019

Our business partner and broker Carolina Lara Arashiro was to capture for the 3rd year in a row in this survey from the perspective of the top industry experts and professionals.

Where should you live? Should you buy or rent? Here’s our 2019 Miami real estate survey

Kendall and North Miami surge as some of the best neighborhoods for home buyers. Brickell is among the hottest areas in town — as well as the most overvalued. And our ever-worsening traffic is playing an increasing role in where people decide to live.

And at last — Miami-Dade’s spiraling housing costs may be on the verge of cooling down a bit.

Those are among the key findings of the 2019 Miami Herald Real Residential Real Estate Survey, which is now in its fifth year. The study was conducted by the Miami-based research firm Bendixen & Amandi International between April 1-May 1. One hundred of Miami-Dade’s top brokers, agents, analysts and experts from all price points were interviewed in English and Spanish to gain their insights into the current housing market. The interviews were anonymous, so respondents could speak freely and candidly.

This year’s study included more people who specialize in the mid-price and rental markets, to better reflect the growing divide between Miami-Dade’s wealthy, foreign residents and its working-class locals.

Click bellow and learn more about the survey’s result:

Source: Miami Herald

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Brazil is back: Brasileiros lead foreign investment in South Florida homes in 2018

Foreign investment rose 22.5 percent to $8.7B last year, despite a 7.5% decline in homes purchased

Miami real estate agents have one reason to be happy – Brazilian buyers are back as a dominant buyer pool in South Florida, amid an increase in foreign investment.

Political turmoil in Brazil and a strong dollar have kept buyers away from South Florida in recent years – until now. Brazil ranked as the top country buying South Florida homes in 2018, according to a new report from the Miami Association of Realtors.

In 2018, international buyers spent $8.7 billion on residential properties in Miami-Dade, Broward and Palm Beach counties, up 22.5 percent from $7.1 billion in 2017. Foreign buyers acquired 14,300 homes in 2018, 1,000 or 7.5 percent fewer properties than the previous year, according to the report.

Brazil ranked No. 1 for the first time since the association began tracking foreign investment in 2012, representing 12 percent of all foreign purchases of homes in the tri-county region last year. Colombia and Venezuela tied for the second spot with 11 percent, each, followed by Argentina and Canada with 8 percent each. Mexico, France and Italy tied with 4 percent, each; and the United Kingdom, China, Peru and Ecuador had 3 percent, each.

In 2017, Argentina topped the list, followed by Venezuela, Canada and Colombia. Foreign investment in residential real estate in the tri-county area in 2018 represented 54 percent of all international sales in Florida, which ranks as the top state for such investment. Orlando was the second market for international sales with 9.4 percent of sales in the Sunshine State. South Florida represents about 9.5 percent of all U.S. international home sales, according to the report.

Source Link | By Katherine Kallergis | April 09, 2019

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Check Out How The $620 Million Renovation Of The The Miami Beach Convention Is Coming Along

The 3-year, $620 million renovation of the Miami Beach Convention Center is powering towards completion. The redesign, which features 500 aluminum fins which are influenced by ocean waves, was designed by Fentress Architects, Arquitectonica and West 8. Miami Beach Convention Center features 1.4 million SF of total development including a 500,000 SF exhibit hall, 4 ballrooms and 127,000 SF of meeting space. The renovation will also bring a contemporary multimedia screen and futuristic lighting on the ballroom ceilings. Construction is expected to be completed by December 2018 for Art Basel and construction on the adjacent park, the final piece of the renovation, should begin shortly.





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Voters Approve Privately Funded Miami Beach Convention Center Hotel

In the highly anticipated election on Tuesday night, Miami Beach residents approved the construction of an 800-room convention center hotel. The referendum needed a 60 percent vote in order to lease public land from the city and passed at 64 percent in its third attempt to bring a headquarter hotel to Miami. The hotel will be built on a city-owned parking lot adjacent to the newly renovated convention center.

The previous attempt in 2016 failed due to concerns over the size, originally twice as large as the current proposal, and traffic congestion. The tourism bureau estimates Miami Beach lost at least $250 million in economic revenue over the last several years because it was unable to accommodate larger scale conventions.

South Beach resident Andres Montejo, 43, said that the convention center hotel was one of the issues that drove him to the polls. Montejo, a businessman who travels frequently for work, said that the other cities he visits already have hotels connected to their convention centers.

“A convention center is great, but without a hotel it’s just another convention center,” he said after casting his ballot at Miami Beach Senior High School. “Anybody that travels … you know that’s how the game works. It’s like that all over the world.”

Other residents, annoyed with the constant flow of construction and resulting noise and traffic in the area, decided to vote against the hotel.

The hotel will connect to the convention center via a pedestrian bridge and include a 53-foot podium containing parking, meeting spaces and ballrooms as well as two 185-foot-tall wings of hotel rooms. Voters authorized the lease and the construction of an 800-room hotel with a maximum height of 185 feet, but specifics of the hotel design will be evaluated by the city’s Design Review Board at a later date.

The group behind the proposal — Turnberry’s Jackie Soffer, Terra Group’s David Martin, Miami Design District developer Craig Robins and architecture firm Arquitectonica — emphasized that the hotel would be roughly 100 feet shorter than the previous proposal and include six times more space for cars to queue on the property so that they don’t spill onto the street.

“This is the right project for our city at the right time, and Jackie, Craig and I look forward to working with the community to deliver a hotel that will make Miami Beach proud,” said developer David Martin.

On a related ballot item, residents voted to earmark the guaranteed hotel rent payments for traffic reduction measures, stormwater projects and education initiatives, rather than sending the money to the city’s general fund where it could be used for a broader range of expenses.

According to the terms of the lease agreement, the hotel will have to pay Miami Beach either fixed rent totaling $16.6 million over the first 10 years or a percentage of hotel revenue, whichever is greater. Miami Beach estimates that the city will also collect $96 million in taxes from the hotel over the next 30 years.

Source link, from PROFILEmiami

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Virgin Continues Push Into South Florida, Reveals New PortMiami Terminal For Virgin Voyages

Just days after Virgin Trains USA announced it had taken a minority stake in Brightline and presented plans to the Securities and Exchange Commission for permission to conduct an initial public offering of stock, Richard Branson has continued his push into South Florida as Virgin Voyages prepares to launch. Virgin has now revealed a new $150 million terminal in PortMiami for Virgin Voyages whose first ship, Scarlet Lady, will launch in 2020. The new 2-story terminal is being designed by Arquitectonica and will be made of storm resistant glass which will resemble a palm tree. Virgin is currently awaiting approval from Miami-Dade commissioners before breaking ground.

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Miami Beach Commissioners Vote To Finalize Deal With Crescent Heights At South Shore Hospital Site On Alton Road

Miami Beach commissioners have officially voted in favor of finalizing the proposed deal with Crescent Heights and its co-founder Russell Galbut to redevelop the former South Shore Hospital site on Alton Road in South Beach. As per the agreement Crescent Heights will fund and build a 3 acre park on the Alton Road site in exchange to allow Galbut to up-zone the site where commissioners approved a tower height increase to 519’. The tower is being designed by Arquitectonica and will rise 44-stories, offering 410 luxury units which the developer will be allowed to rent as short term rentals with a minimum term of 30 days per rental. After sale-and-purchase of the condo units the buyers will not be permitted to rent out their condos on a short term rental basis. The park which will be connected to the baywalk which wraps around South Pointe via a taxpayer funded pedestrian bridge. Galbut now has 6-months after the appeal periods to demolish the vacant South Shore Hospital and must complete the park within 2.5 years after the construction permit for the tower is issued, which must be completed with in 8 years. Should Galbut wish to flip the property he must retain 10% ownership.

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A new standard for refined, relaxed luxurious interiors

Missoni Baia’s 249 bayfront residences celebrate the timeless appeal of waterfront living in relaxed, modern style. It cuts a prominent figure on the Miami skyline and on East Edgewater’s waterfront. Missoni Baia soars 57 floors into the air and spans an impressive 200 feet along Biscayne Bay. Missoni, the legendary Italian fashion house, offers as much a way of living as it does a way of style. Guided by visionary design and innovative craftsmanship, Missoni’s colorful style is infused with a tangible sense of joyfulness and relaxed luxury. Now for the first time in its history, Missoni is giving form to this unique sensibility through a residential property: Missoni Baia.

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