INDUSTRY NEWS

Stalled Coconut Grove Condo Trades In Deed In Lieu Of Foreclosure

Miami-based 3034 Oak Park LLC transferred the incomplete Arbor condominium to Arbor Grove Development LLC. The deed is in lieu of foreclosure in exchange for the lender releasing $20.96 million in personal guarantees against the seller, but the original loan remains in place on the property.

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Set In Coconut Grove, The Oldest Neighborhood In The City, The Oldest House In Miami Was Built In 1891

The charmingly named Barnacle House was built in 1891 by Ralph Middleton Munroe, a widower from Staten Island and first Commodore of the Biscayne Bay Yacht Club on the nearby bay. Initially designed as a simple bungalow, Monroe named it “The Barnacle” because he thought the shape of the roof resembled one.

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Looking For A Lower Insurance Rate? In Miami, You Have Tough Options. Here’s Some Advice

Many Florida homeowners might be considering finding an insurance company to give them a better rate. But there’s little chance of finding one, especially if they live in the southeastern part of the state. Half a dozen independent insurance agents said that only a handful of insurance companies are willing to write new policies, and new ones are focusing on policies that are being handed over by the state-created Citizens Insurance.

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A Beloved Coconut Grove Market Faces An Uncertain Future

The Coconut Grove Organic Farmers Market could soon be gone, as new development replaces the community’s landmarks, piece by piece. The market, amid lush almond and live oak trees, feels almost immune from encroaching development. But the market’s history is also part of a larger story of a changing Coconut Grove.

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#BlueGrove Continues With Blues & Jazz Water Festival On September 23rd

#BlueGrove is one of four quarterly initiatives in the Coconut Grove Business Improvement District. This seasonal campaign focused on water-quality awareness, is connecting a series of interrelated events inspiring businesses to take a leadership role in providing smart, sustainable options to their customers and guests.

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