Acqualina units lead priciest residential sales in Sunny Isles Beach in 2010

May 28, 2010 05:45PM 

The 52-story Acqualina condo hotel in Sunny Isles Beach

Two units in the Acqualina condo hotel topped the five priciest sales in Sunny Isles Beach this year, with each selling for an average of more than $588 per square foot, according to MLS data compiled by Condo Vultures. 

A 45th floor condo at Acqualina, 17885 Collins Avenue #PH4501, sold for $4.7 million, although that price was down from a previous listing of $5.5 million. The 6,353-square-foot unit sold for the equivalent of approximately $739 per square foot.

“Sales in Acquilina have been very strong,” said Lana Belenky of Sunny Isles Miami Real Estate, who said she has handled ten sales in the building. “It’s a very strong building. The building has all of the condo-hotel amenities, which people like. It’s a beautiful place and it’s at a very strong price.”

The second-place sale, also in the Acqualina, a 4,415-square-foot condo that sold for $2.6 million.

Condo Vultures founder Peter Zalewski told The Real Deal in an interview earlier this month that buyers are turning to Sunny Isles Beach due to its beachfront value, in contrast to pricier South Beach. Prices are high, but still well below the almost $1400 per square foot buyers paid in the first quarter for newly constructed units in South Beach.

Belenky said Sunny Isles was attracting more family-oriented buyers looking for a quieter location than South Beach. Sunny Isles, which is just north of Bal Harbour, received its incorporation in 1997, and has seen a wave of development of new, high-rise towers.
“There are different kinds of people who buy here,” she said. “They are more family-oriented, with kids. In South Beach, it’s very young; there are many French and Italian buyers. A lot of people don’t know what Sunny Isles is, but it’s a very new and exciting area and there is a lot more square footage for the price.”

In third was a 3,480-square-foot condo at the Turnberry Ocean Colony, which sold for $2.55 million, or an average per-square-foot price of $645.

According to data from the Miami-Dade County Property Appraiser, taxable values in Sunny Isles Beach were relatively resilient, declining by just 2.6 percent from 2008 to 2009. That is compared to an 8.2 percent drop for Miami Beach in the same time period.

In fourth place was the only single-family home in the top five, 306 Atlantic Avenue, which is located on Atlantic Island. The 7,010-square-foot home was the best value in the top five, with an average square foot price of just $342.

Rounding out the list was a 3,100-square foot condo at the Jade Beach tower, which sold for $2 million. 

REAL BIRD MIAMI BEACH REAL ESTATE NEWS

Sunny Isles Beach’s Mansions at Acqualina reaches $270M in sales

August 27, 2012 12:00PM

A rendering of the Mansions at Acqualina

Sunny Isles Beach’s Mansions at Acqualina residential project has reached $270 million in sales. The project, which is listing a planned 15,000-square-foot penthouse for $50 million, is set to top off in 2014, with completion set for 2015. The Mansions, which has just broken ground on construction, will include 74 so-called “sky mansions” ranging from 4,600 square feet to 15,000 square feet, starting at $5.9 million. — Alexander Britell

REAL BIRD MIAMI BEACH NEWS

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Wellington draws Miami sized asking prices

August 31, 2012 03:00PM

From left: 13281 South 52nd Place and 13401 South 55th Street

Home’s with farm-sized lots in Wellington are beginning to command prices similar to Miami’s water front estates, according to the South Florida Business Journal. A 10,000-square-foot residence at 13281 South 52nd Place in Wellington recently listed $8.9 million. But instead of a yacht dock, this 10-acre property includes a 14-stalls barn, staff quarters and additional six-stall stable Another 10-acre Wellington property at 13401 South 55th Street is asking $9.8 million. The nine-bedroom, 12-bath 20,000-square-foot house includes a guest apartment with an elevator and a tennis court.

The luxury trend will likely to continue in Wellington because of influence from the nearby Palm Beach Polo Club, according to Martha Jolicoeur, of Illustrated Properties in Wellington. “Eventually anyone who is interested in horses will end up in Wellington.” [SFBJ]– Christopher Cameron

REAL DEAL MIAMI BEACH NEWS

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More retail arriving near Lincoln Road

August 31, 2012 03:45PM

1000 Building

Retail development surrounding Lincoln Roadjust keeps on coming. Developer Scott Robins— brother of Dacra Development CEO Craig Robins — is constructing a three-story mixed-use building located at 1000 17th Street, according to Curbed. The 18,000-square-foot glass structure, named 1000 Building is designed by Arquitectonica and will include retail on the lower floors and a restaurant on the roof. [Curbed] – Christopher Cameron

REAL DEAL MIAMI BEACH NEWS

PGA Commons 1 in Palm Beach Gardens loses $8.7 million foreclosure suit

August 27, 2012 03:00PM

Palm Beach Gardens’ PGA Commons 1, an open-air retail center, is set for auction this October after losing an $8.7 million foreclosure case, the South Florida Business Journal reported. LBUBS 2003 C8 PBG Retail, representing a commercial mortgage-backed securities trust, brought the case against the 4-acre property, located at 5540 PGA Boulevard, over a delinquent $6.8 million mortgage, plus fees and interest. The property is composed of two buildings totaling 40,600 square feet. [SFBJ] – Christopher Cameron

REAL BIRD REAL ESTATE NEWS

Florida foreclosure inventory up 11 percent

August 28, 2012 11:15AM

Foreclosure inventory increased 11.2 percent in Florida in July, compared to the same period in 2011, according to data released by CoreLogic. A total of 92,046 foreclosures have been completed in Florida in the last 12 months, the second-highest total of any state in the nation. Nationally, foreclosure inventory rose 3.2 percent in the same period, for a total of 794,744 completed foreclosures. There have been approximately 3.8 million foreclosures completed in America since 2008. — Alexander Britell

REAL DEAL MIAMI REAL ESTATE NEWS

Miami home prices rise 4.4 percent, according to S&P/Case-Shiller report

August 29, 2012 12:00PM

Downtown Miami (TRD Photo)

Home prices rose 4.4 percent in the Miami metropolitan area in the second quarter compared to the same period in 2011, according to a new report from Standard & Poor’s Case-Shiller. That was the third-highest price increase of any metro area in the country in the second quarter. Phoenix led the country with a 13.9-percent increase. Nationally, home prices rose 1.2 percent. “Home prices gained in the second quarter,” said David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices. “We seem to be witnessing exactly what we needed for a sustained recovery: monthly increases coupled with improving annual rates of change.” — Alexander Britell

REAL DEAL MIAMI REAL ESTATE NEWS

Design District’s Crumb on Parchment expands to South Beach’s Webster

August 29, 2012 01:30PM

Chef Michelle Bernstein’s Design District-based Crumb on Parchment bakery-cafe has expanded to a new location in South Beach, Eater reported. The restaurant is occupying a 30-seat, first-floor space in the Webster retail shop at 1220 Collins Avenue. It’s the latest downtown Miami hotspot to make the trip across Biscayne Bay to South Beach, following Wynwood mainstay Panther Coffee. Alejandro Ortiz, who developed Crumb on Parchment in the Design District, recently signed a lease for Acme Bakery & Coffee nearby in Midtown.[Eater] — Alexander Britell

REAL DEAL MIAMI REAL ESTATE NEWS

New York public relations firm UpSpring PR expands with Miami office

August 30, 2012 01:30PM

UpSpring PR, a public relations firm based in New York City, has expanded with an office in Miami’s Brickell submarket, The Real Deal has learned. The firm, which focuses on designers, architects and real estate firms, targeted Miami because of its increased development, according to President Sarah Nelkin and CEO Tiffany Tabar. The firm’s new office is located in the Espirito Santo building, which is located at 1395 Brickell Avenue. UpSpring launched in 2009. — Alexander Britel

MIAMI REAL DEAL NEWS

Today’s priciest new listing

August 29, 2012 05:15PM

4358 North Bay Road

Today’s priciest new listing is the former home of New York Yankees third baseman Alex Rodriguez, asking $38 million. Although word of the listing emerged two weeks ago, it officially came on to South Florida MLS today, according to Condo Vultures.

The waterfront property has nine bedrooms, 11 bathrooms and 19,861 interior square feet. The house is located at 4358 North Bay Road in Miami Beach and sits on a 48,160-square-foot lot. It features Biscayne Bay and city skyline views, 275 feet of water frontage with two docks and a heated pool. Mayi De La Vega of One Sotheby’s International Realty has the listing. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale, and West Palm Beach, as well as Monroe County that are newly listed. Listings are taken from the South Florida MLS.) – Christopher Cameron

GOP convention piques interest in Tampa Bay residential properties

A home for sale on Treasure Island near Tampa

While in town for the Republican National Convention, convention-goers are managing to find some time to take a look at local real estate, local brokers said.

“We have had some [GOP] buyers in the marketplace,” Charles Richardson, senior regional vice president at Coldwell Banker in Tampa, told The Real Deal. “I don’t know about those that have turned into buyers, but obviously the end result is people are getting to see the Tampa Bay area — and that’s always positive for us.”

The popular range for Republican visitors has been homes between $1 million and $3 million, according to Frank Malowany, broker-associate at Tampa Bay’s Malowany Group. That’s well above the median list price in Tampa, which stood at $175,000 at the end of July, according to Zillow.

“I have seen interest,” he said. “People have been calling about homes in the area [in that range], and they’ve had an interest in that particular price range.”

Although Tampa’s market has not been as strong as other, surging residential sectors in Florida, such as Miami, it has shown a 3.2 percent year-over-year increase in home values, Zillow data showed. But like Miami, Tampa’s luxury sector, particularly homes above $1 million, is seeing rapidly declining inventory, Malowany said.

“Over the next few days, if there’s going to be sales activity from those that are here, it would happen over that time,” Richardson said. “It’s a little premature to say that it’s going to translate into sales, but the potential buyers are certainly here.”

Tampa also saw a bounce from people coming in to do property management and rentals ahead of the event, Richardson said.

The wider market even got a visit from New York-based mogul Donald Trump, who came in in early to give a speech to the Republican Party of Sarasota, south of Tampa, at the Ritz-Carlton on Sunday night.

REAL DEAL MIAMI NEWS

Miami Beach’s 100 La Gorce Circle sells for $11 million

100 La Gorce Circle

A home on Miami Beach’s La Gorce Island has sold for $11 million, according to Engel & Voelkers. The property, which is located on a 1.78-acre tract at 100 La Gorce Circle, has a total of 10,056 square feet, seven bedrooms, seven bathrooms and three half bathrooms. It was built in 1952.

Lina Buitrago represented the seller along with partner Andres Toro from Engel & Voelkers Sunny Isles Beach/Las Olas Boulevard.

According to Buitrago, the property was one of the last unsold double-lots in the Miami Beach area.

The home’s owner is Carlos Ossorio, according to records from the Miami-Dade County Property Appraiser’s office. The buyer was not disclosed.

Miami Beach and its environs have been experiencing a surge in demand during the last year, particularly on islands like La Gorce and Indian Creek. The latter recently saw a $47 million sale, the largest in the history of Miami-Dade County.

La Gorce is also the site of singer Billy Joel’s home, which is currently on the market for $14.75 million.

Down the street at 94 La Gorce Circle is rapper Lil Wayne’s home, which has been up for sale since last year.

Real deal Miami

Donald Trump leases 277 acres of land on which he operates the Trump International Golf Club in West Palm Beach

Donald Trump eyes purchase of county-owned West Palm Beach golf club land

August 16, 2012 12:45PM

Trump International Golf Club and Donald Trump

Donald Trump leases 277 acres of land on which he operates the Trump International Golf Club in West Palm Beach, but the mogul is now considering buying the land from Palm Beach County, the Palm Beach Post reported. If he were to purchase the land, Trump said he would add new villas and a hotel on the property. “It would be a great economic development site,” he said. “We would do something really, really spectacular on it.” George Ross, the Trump Organization’s executive vice president, sent the Palm Beach County Commission a letter to that effect this week. [Palm Beach Post] — Alexander Britell

Venice Harbor townhomes in Las Olas

EWM tapped to sell Venice Harbor townhomes in Las Olas

August 30, 2012 09:45AM

EWM Realty International, South Florida’s affiliate for Christie’s International Real Estate, has been named the exclusive sales broker for Venice Harbor Luxury Townhomes, which is currently being built in Fort Lauderdale’ Las Olas neighborhood. EWM’s Liz Caldwell will oversee sales for the nine-residence project, which was developed by SobelCo. —Alexander Brtiell

Europeans looking for a safe place to hide their millions

Europeans continue Miami shopping spree

August 29, 2012 03:00PM

Interest in South Florida’s real estate from across the Atlantic hasn’t waned. Europeans looking for a safe place to hide their millions from the ongoing sovereign debt crisis are continuing to buy in Miami, according to Miami Today. Despite ambitious pricing on certain high-end properties, such as the Versace estate, home prices in South Florida remain relatively affordable compared to cities such as Paris and London. In turn, these buyers are supporting Miami’s housing recovery, at least on the luxury end of the market. Most European buyers are spending at least $1 million on their properties, with around 87 percent paying in cash, according to Frank Jewett, broker and district sales manager at the Keyes Company in Miami Beach.

“Most [Europeans] are buying properties they feel will increase in value or at least hold value,” said Jewett. “As result, prices in that market have increased significantly.” [Miami Today] – Christopher Cameron

LUXURY PRICIEST HOMES

Today’s priciest new listing

August 30, 2012 05:15PM

1376 South Venetian Way

Today’s priciest new listing is a five-bedroom, five-bathroom, 5,007-square-foot single-family home that is asking $7.1 million, according to Condo Vultures. The waterfront house, located at 1376 South Venetian Way in Miami, sits on a 10,500-square-foot lot and features a pool, a home theater and a green roof. TJ Estavillo of Coldwell Banker has the listing. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale, and West Palm Beach, as well as Monroe County that are newly listed. Listings are taken from the South Florida MLS.) – Christopher Cameron

Sunset Island house for $8.3M

Former Miami Heat player Zydrunas Ilgauskas lists 

Zydrunas Ilgauskas and his Sunset Island home

Former Miami Heat center Zydrunas Ilgauskas has listed his home on Miami Beach’s Sunset Island #1 for $8.3 million, The Real Deal has learned. Ilgauskas listed the five-bedroom, six-bathroom, 5,166-square-foot home with Danny Hertzberg, a sales associate with Coldwell Banker’s The Jills group.

“[Ilgauskas] purchased the home two years ago and completely gutted, renovated and rebuilt the home,” Hertzberg told The Real Deal.

The property also has extremely high ceilings to accommodate Ilgauskas’ 7-foot-3-inch frame.

Ilgauskas purchased the property for $4.7 million in 2011, following his move to Miami to join former Cleveland Cavaliers teammate LeBron James on the Heat. (Ilgauskas had played with James for seven years in Cleveland.) He is currently the assistant general manager for the Cavs.

The home is located at 1475 North View Drive on tony Sunset Island #1 in Miami Beach, an area that has seen significant turnaround since the Lithuanian native first bought the property.

1475 N View Drive

“There was a ton of inventory on Miami Beach’s private islands — there were a lot of lots that had potential, for new construction homes,” Hertzberg said. “That inventory has completely disappeared.”

A number of current Miami Heat players have made their homes in Miami Beach, including Dwyane Wade and Chris Bosh, both of whom live on North Bay Road.

James opted for a home in Coconut Grove.

“This is the kind of home where buyers can come in and not change a single thing,” Hertzberg said. “I think there is a huge demand for that, particularly with the international market — they want to be able to come in and start enjoying the property right away.”

U.S. foreclosure sales prices gain 6 percent

August 30, 2012 02:15PM

The average sales price of bank-owned homes or homes in the process of foreclosure in the second quarter rose 6 percent quarter-over-quarter and 7 percent from the second quarter of 2011, according to a report released today by RealtyTrac. The average price comes in at $170,040 and marks the first year-over-year increase in average price since the second quarter of 2010, as well as the biggest year-over-year increase since the fourth quarter of 2006.

“There is a limited supply of available foreclosure inventory to choose from in many markets,” Daren Blomquist, the vice president of RealtyTrac, said in the release. “Given this shortage of supply and the seasonally strong buyer demand in the second quarter, it’s no surprise that the average foreclosure-related sales price increased on both a quarterly and annual basis.”

The amount of foreclosure-related sales dropped in the second quarter to a total of 224,429 — a 12 percent decrease quarter-over-quarter and a 22 percent fall from the second quarter of last year.

Homes in the process of foreclosure or ones that were already bank-owned sold at an average price 32 percent lower than a home not in foreclosure, the study found. This figure is up from a 30 percent discount quarter-over-quarter, as well as a 30 percent discount from the second quarter of 2011.

Pre-foreclosure homes — homes in default or homes scheduled for an auction that are often sold through short sales — traded for an average price of $185,062 in the second quarter. This price shows a 5 percent increase quarter-over-quarter and a 1 percent decline from the same period last year.

In total, sales of homes in some stage of foreclosure marked 23 percent of all residential sales across the nation in the second quarter — up slightly from the first quarter’s 22 percent and up from the 19 percent at the same period last year. — Zachary Kussin

100 Palm Avenue for $23.4 million

Zilbert International Realty lists 100 Miami Beach’s 100 Palm Avenue for $23.4 million

August 30, 2012 12:00PM

100 Palm Avenue

Miami Beach’s 100 Palm Avenue is the latest home to top the $20 million list price, with Zilbert International Realty putting the home on the market for $23.4 million. The 12,052-square-foot waterfront estate, which was built in 2007, is on the southern portion of Palm Island. “We don’t often see homes of this caliber become available in Miami Beach,” said Mark Zilbert, managing broker of Zilbert International Realty. The home, which also has its own boat dock, is located on a 30,000-square-foot lot. — Alexander Britell

Miami-Dade property values rise for first time in four years

MIAMI-DADE COUNTY

 

In May, Property Appraiser Pedro J. Garcia said property values rose for the first time in four years. On Friday, he said they rose even more than he expected.

Municipalities with the highest tax roll increases over last year tend to be coastal cities with growth, including Bal Harbour, which jumped by 35.4 percent; Indian Creek, which is up 11.8 percent, and Sunny Isles Beach, which increased by 7 percent.

Cities still reeling from the real-estate collapse tended to be inland areas that jumped on the construction bandwagon of the last decade but failed to draw residents. Florida City’s tax roll is down 6.3 percent from a year ago; El Portal’s dipped by 4.1 percent, and Homestead’s fell 3.8 percent.

Overall, single-family homes in Miami-Dade were valued at $58.6 billion. Condos account for $51 billion, and commercial property for $49.6 billion. The remainder of the $190 billion comprises multi-family properties, vacant land, and “others” — which includes some small businesses and large properties like Florida Power & Light and AT&T.

Broward County posted similar increases.

Property Appraiser Lori Parrish said Broward’s tax roll jumped by 1.5 percent over last year, with 24 of the county’s 32 municipalities seeing gains. The leader was Cooper City, which, pushed by Monterra Development’s 1,600 new homes, saw its tax roll jump 8.5 percent. Other winners include Sea Ranch Lakes at 4.5 percent; Lighthouse Point, which increased by 4.2 percent, and Wilton Manors, where the tax roll rose by 3.6 percent.

On the downside, West Park’s tax roll plunged 8.4 percent, Lazy Lake’s was down 7.2 percent, and Lauderdale Lakes saw its property values drop by 2.9 percent.

Overall, Broward’s tax roll jumped to $127.1 billion, an increase of $1.8 billion from the previous year.

Parrish attributed property-value increases in part to aggressive code enforcement that in some cases prevented abandoned homes “from falling into unsightly, unsafe and blighted states of repair.

Miami Herald

Read more here: http://www.miamiherald.com/2012/06/29/2875015_p2/miami-dade-property-values-rise.html#storylink=cpy

Affordable housing developer: South Miami’s inflexibility violates federal law

 

Despite threats from the developer and the advice of their own lawyer, South Miami commissioners rejected affordable housing for senior citizens.

Beneficial Communities released this rendering of their Metro South Senior Apartments, 6101 Sunset Dr, across the street from City Hall. Commissioners did not approve the project.

South Miami commissioners voted against an affordable housing complex for seniors across the street from City Hall Tuesday. Now the developer says he will file a federal lawsuit against the city.

Beneficial Communities, a for-profit developer from Sarasota, was planning on building Metro South Senior Apartments at 6101 Sunset Dr. The company depends on government reimbursements to fund construction for low-rent apartment projects.

Commissioners were not happy with the height of the building. During negotiations, the developer agreed to lower the height at the expense of reducing parking space to one per unit. The city requires two spaces per unit and a third space for guests. In a March 20 memo, the city’s planning director, Christopher Brimo, defined the parking rule as “excessive based on national standards, which typically require 1 to 1.5 spaces per residential unit within transit districts.”

Commissioners voted 4-1 against moving forward with Metro South’s plan, with Mayor Philip Stoddard dissenting.

Commissioner Valerie Newman said one parking space per unit was not enough. The developer submitted a compilation of professional studies from independent sources to support their claim. But that did not persuade Newman.

“Developers come to this city, come before this board with traffic studies on a regular basis, but common sense prevails in this seat. … I don’t buy your parking study,” Newman said. “I don’t believe that this is enough spaces.”

City Attorney Thomas Pepe said he was concerned about a lawsuit and asked commissioners to consider allowing the eight-story height in exchange for more parking spaces.

The developers’ Miami attorneys, Amy Brigham Boulris and Simon Ferro, told commissioners that federal law justified the developer’s request for exceptions.

Federal acts mandate that the city “should not impose policies that have an impact on people with disabilities” and “should make reasonable accommodations so that people with disabilities may enjoy dwellings to the same extent as others,” Ferro said Tuesday.

The developers’ proposal included 106 spaces — 91 spaces for residential and 15 for commercial property. In addition, the company also agreed to fund an independent parking study after a year, and to pay the city $1,000 per parking space, if needed. The price per space escalates 5 percent annually without a cap.

The project was designed to have 72 units for retirees and 19 disabled-accessible units. Most of the units were 1-bedroom and efficiencies. The monthly rent ranged from about $300 to $700.

The developer also argued seniors who qualify to live in their projects usually don’t own cars because they can’t afford them.

The land — less than 1 acre valued at about $1 million — is walking distance from Metrorail, a hospital, a public library, restaurants and shops. Also, renters would benefit from free shuttle service.

Commissioners Bob Welsh and Walter Harris feared that granting the code variances could cause problems for residents and change the character of the city.

“We already have two major hospitals. We already have a senior center. We already have a home for the psychologically imbalanced, two of them, hospitals for mentally recovering people. We have two public housing facilities,” Harris said. “I don’t know what this city is turning into … It is falling apart.”

Vice Mayor Josh Liebman said he was worried about granting “too many variances” and “rushing the process” because that is “when mistakes are made.”

The negotiation took several months. After an unfavorable vote on a zoning change March 20, the developer turned to Florida Land Use Environmental Dispute Resolution Act (FLUEDRA) mediation. The act was adopted in 1995 to help property owners negotiate rules.

On June 29, the developer submitted modifications, and the commission agreed to consider the matter at a public hearing.

During the negotiations, the developer agreed to avoid exemptions that could affect the taxable value of the property. He also agreed to improve pedestrian cross-ways, maintain landscaping in perpetuity, and to contribute $250,000 toward an off-site park. He also committed to rent out commercial property to a small restaurant.

“I feel like we have gotten almost everything we have asked for here,” Stoddard said.

But it was not enough for the other commissioners. The developer asked West Palm Beach attorney James K. Green, to file the federal lawsuit against the city.

“We think that the city’s 2:1 parking ratio is a policy that is unfair and unnecessary,” Green said. “My clients made every effort to work this out amicably.”

The developer is accusing the city of violating the federal American with Disabilities Act (ADA) and the Fair Housing Act (FHA). The ADA, established in 1990, prohibits discrimination on the basis of disability, and the FHA, a 1968 civil rights law, prohibits arbitrary restrictions on groups such as seniors.

Green said affordable housing providers have standing to protect the rights of the prospective residents, because often the disabled don’t have the ability to enforce their own rights.

“The last few cases that I have litigated against Sarasota County, the City of Boca Raton and the City of Delray Beach under the America’s with Disabilities Act and the Fair Housing Act cost those local governments at least $5 million,” Green said. “We anticipate seeking substantial damages as well as injunctive relief.”

The developer also plans to file a complaint with the U.S. Department of Housing and Urban Department and will ask the U.S. Department of Justice to initiate an investigation.

“There is a significant shortage in affordable housing in Miami-Dade County, South Dade and the surrounding areas,” Green said. “Protecting fair housing strengthens our community and our nation.”

Miami Herald

Read more here: http://www.miamiherald.com/2012/08/24/v-fullstory/2966619/south-miami-rejects-senior-housing.html#storylink=cpy