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New Miami Condos - Closing Rates for May 2008
2008-05-29 06:47:00 It’s been almost 2 months since my last post regarding the closing rates of various Miami condo developments. That post was published on April 4, 2008. Referring back to that post and comparing it to the figures in the graph below, you may quickly realize that I must have made a mistake last ...
New Miami Condos - Closing Rates for April 2008
2008-04-04 23:42:00 It has been a while since my last post regarding the closing rate of various Miami condo developments. The last update was provided on February 20, 2008. As with the February post, the first graph below reveals the closing rate of those Miami condo developments that began closings prior to November 1, 2007. ...
New Miami Condos - Closing Rates for February 2008
2008-02-21 05:30:00 This month, I decided to make two separate graphs to show the percentage of total units that each development has closed since closings began. The first graph, found immediately below, reveals the closing rates for Miami condos which had their first closing prior to November 1 2007. The condo developments are ...
Miami Picture of the Day
2008-02-13 23:13:00 addthis_url = 'http%3A%2F%2Fwww.miamicondoinv-estments.com%2F2008%2F02%2F13%2-Fmiami-picture-of-the-day%2F';- addthis_title = 'Miami+Picture+of+the+Day'; addthis_pub = 'Lucas25';
Food for Thought
2008-01-31 02:24:00 Many of you already know about the lawsuit at hand. There are many issues to consider about this case, which others have shared with me via email and over the phone. I wanted to share their thoughts with you. 1) I was never contacted by the developer, nor his representatives, to correct the misstatement. ...
realtor blogger sued for defamation by Opera Tower Miami condo developer Ti
2008-01-30 10:28:00 Of course, Lucas the blogger will end up successfully fighting this lawsuit, and I hope he counter-sues, but as you all know, for horrible people like Tibor Hollo (pictured above and yes, that's his real picture not a horror movie extra) who bring suits like these against bloggers or publications, it's not about winning, it's about sucking legal fees out of the small-potato target in a mean-spirited and petty way.Well, thanks to other blogs and the internet, sons of bitches like Tibor Hollo better think twice before bringing frivolous lawsuits against bloggers for expressing their opinions. So here's my opinion: Tibor Hollo is about to be ruined, in more ways than one. And his Opera Tower project is going to receive so much more negative publicity over this, that anyone who hadn't bailed before is definitely thinking of bailing now. The Great Miami Condo Crash is going to make mincemeat out of the desperate Miami developers who stupidly built thousands and thousands of unneeded...
By: Housing PANIC
Opera Tower, LLC & Tibor Hollo Sues Me for $25M
2008-01-29 06:52:00 As some of you may already know, my employment at EWM Realtors was terminated this afternoon. The Miami Herald published a story this evening on their website revealing that the developer of Opera Tower has sued EWM, and myself, for $25M. The interesting thing about this case is that I did not have my license ...
Rumor Mill on the Streets of Manhattan
2008-01-10 07:36:00 I arrived at La Guardia Airport in New York City on Tuesday afternoon. The good news was that the weather was fantastic. It was in the high 60s, which was unprecedented in New York City for the month of January. The weather was just what I needed after arriving in Chicago last ...
Closings to Begin at Opera Tower Very Soon
2007-11-26 02:26:00 Word reached me tonight that the crown top at Opera Tower has been illuminated. I have also been informed that the swimming pool and hot tubs have been filled. This suggests to me that closings at Opera Tower will begin very soon, although closings were originally scheduled for September. However, when I drove by Opera Tower this past week, the street-level commercial spaces still looked to be at least one month away from being finished. I’m not a fan of this development. I’ve made it known in a previous post that I think that this development will have a high default rate for various reasons that are disclosed in that post. I think it is likely that we will see a majority of these condos owned by the bank that loaned money to the developer of Opera Tower by April 2008. The developer went bankrupt in the 1980’s and I think we’ll see a repeat performance within the next 6 months. What do I know though? I’m no real estate oracle.
Saturday Afternoon View of the Arts District
2007-10-01 04:23:00 It was a gorgeous afternoon here in South Florida yesterday. I was heading west on the Venetian Causeway and was compelled to pull over after paying the toll. The developments along Biscayne Bay looked so magnificent from this view that I wanted to share it with my readers. (Especially those who aren’t local ...
Opera Tower - 1 Bedroom/1 Bath Condo on the 38th Floor - $340,000
2007-08-19 03:27:00 A few days ago someone contacted me who has a one bedroom/one bath condo at Opera Tower under contract. He doesn’t want to close on the unit and wants me to find out if there’s anyone who might have an interest. The condo is on the 38th floor and has 791 square feet ...
Opera Tower Closings to Begin in September
2007-07-16 00:17:00 In a previous post I stated that I heard closings at Opera Tower would begin in July. However, I confirmed today that this was inaccurate. Closings will begin in September for condo units on the first 21 floors of Opera Tower. I was told that closings on the remaining floors would begin in ... |
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