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Robert Rivani’s Black Lion Buys Retail Space at One Thousand Museum

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One Thousand Museum

Los Angeles-based investor Robert Rivani’s Black Lion paid $6.4 million for the ground-floor 6,500 square foot retail space inside the One Thousand Museum in Downtown Miami.

This week, the all-cash deal was completed. Black Lion intends to lease the area to a reputable hospitality company, but talks have not yet started, according to a firm representative.

Rivani stated, “One Thousand Museum is one of the most iconic and architecturally significant buildings in all of Miami. I knew we had to have a piece of it.”

The most recent purchase represents the investor’s tenth in South Florida during the previous two years, which also included a number of prestigious retail buildings.

Black Lion paid $13.5 million for the ground-floor retail space of the SLS LUX Brickell condo project last year. This space is now occupied by the popular Gekko steakhouse, a Bad Bunny and Grutman collaboration.

Additionally, the real estate investor spent $11.5 million and $19 million for retail condos in Miami Beach’s South of Fifth district. The company also owns the space that the popular upscale restaurant The Amara at Paraiso leases in Edgewater.

The 84-unit condominium was finished in 2019 by the developers of One Thousand Museum, a partnership made up of Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin, and Todd Michael Glaser. They also sold the retail space to Black Lion.

One Thousand Museum

$30M+ Sold at One Thousand Museum During Art Basel Week; $90M Inventory Loan Paid Off

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One Thousand Museum

In the wake of Art Basel Miami Beach, One Thousand Museum is reporting a major increase in sales as well as paying off its inventory loan.

With buyers from all over the globe and the attendance for Art Basel reaching over 60,000, it is of no surprise that sales for One Thousand Museum would increase.

According to the co-developer of One Thousand Museum, Kevin Venger, “As a testament of the recent success leading to the loan payoff, during Art Week alone, our sales team inked two large sales totaling more than $30 million.”

Another major milestone was the $90 million inventory loan that was secured in March 2021. According to the developers, that loan is officially paid off. Louis Birdman, another co-developer states, “Satisfying our $90M loan in eight months comes during a buying frenzy and Miami’s high season, which we expect to take One Thousand Museum to sellout quickly.”

The late Pritzker-winning architect Zaha Hadid built One Thousand Museum, which was developed by Louis Birdman, Gregg Covin, Kevin Venger, and Regalia Group.

One Thousand Museum is South Florida’s first residential complex with its own rooftop helipad, allowing residents to quickly travel to adjacent islands, private and commercial airports, and private boats.

One Thousand Museum Amenities

  • A spacious fitness center with state-of-the-art strength and cardio training equipment
  • Spa with private treatment rooms, steam and sauna rooms, plunge pools, and relaxation lounge
  • Multimedia theater for private movie screenings, lectures, and presentations
  • Sun & Swim Terrace with pools, lounge chairs, cabanas, and poolside towel service
  • Aquatic Center with indoor, infinity-edge pool
  • Private dining room
  • Triple-height event space overlooking Biscayne Bay
  • Private rooftop helipad
  • Specialized security and valet personnel
  • Full-service concierge
  • Bank-quality vault with individual safe deposit box for every residence

One Thousand Museum Residence Features

  • Custom Italian cabinetry by Poliform
  • Fine quartz countertops by Silestone
  • Induction cooktop, oven, steam oven, microwave, dishwasher, and integrated coffee maker by Gaggenau
  • Refrigerator by Sub-Zero
  • Faucets and fixtures by Dornbracht, Duravit, and MTI
  • Interior doors by Lualdi Porte with door handles designed by Zaha Hadid
  • Custom-designed, Italian-made walk-in closets
  • Extensive state-of-the-art home automation by Crestron, allowing residents to control a range of in-residence applications including lighting, heating, air conditioning, audio, video, window treatments, and security
  • Oversized terraces
  • East-to-west flow-through floor plans

These one-of-a-kind and magnificent condos range in price from $4.95 million to $20 million, and due to the demand of the luxury condo market, availability is restricted.

There are currently 3 furnished developer models left. If you or someone you know have an interest in purchasing one of the One Thousand Museum Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Nicky Jam

Nicky Jam Purchases a One Thousand Museum Luxury Condo for $6 Million

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One Thousand Museum Unit 1602
Photo Credit: Darin Feldman

Nick Rivera Caminero, also known as Nicky Jam is an American singer, actor, songwriter, and rapper. He is best known for hits “Travesura,” “Te Busco,” “El Amante,’ and ‘En la Cama.”

He is especially known for his fast-paced reggaeton compositions mixed with his romantic lyrics. He has collaborated with many well-known artists including Daddy Yankee, Ozuna, Plan B, and Anuel AA. Nicky has also won 20 Billboard Latin Music Awards and 1 Latin Grammy Award.

More recently, Nicky has made Miami home, with the purchase of a luxury condo at One Thousand Museum in the Park West subdivision of Miami for $6 million. The unit features 4,600 square feet of living space with 4 bedrooms, 5.5 bathrooms, and staff quarters. This specific unit stretches over a half-floor

This incredible unit boasts all of the finest finishes including Sub-Zero, Duravit, Apure lighting, Gaggenau, Dornbracht, and Crestron. Nicky will enjoy stunning Biscayne Bay, park, and Miami skyline views from all areas of the unit.

Miami-Dade country records show the property was sold by Green House Domestic Holdings Four LLC., managed by Humberto C. Bethencourt. Bethencourt is listed as the President of R&A Consulting & Investments, Inc. The property was last sold in 2019 for $4.54 million.

One Thousand Museum was designed by the late Pritzker-winning architect Zaha Hadid and developed by Louis Birdman, Gregg Covin, Kevin Venger, and Regalia Group.

One Thousand Museum is the first residential development in South Florida to have its own rooftop helipad, making it possible for residents to travel to nearby islands, private and commercial airports, and private yachts at a moment’s notice.

One Thousand Museum Amenities

  • Spacious fitness center with state-of-the-art strength and cardio training equipment
  • Spa with private treatment rooms, steam and sauna rooms, plunge pools, and relaxation lounge
  • Multimedia theater for private movie screenings, lectures, and presentations
  • Sun & Swim Terrace with pools, lounge chairs, cabanas, and poolside towel service
  • Aquatic Center with indoor, infinity-edge pool
  • Private dining room
  • Triple-height event space overlooking Biscayne Bay
  • Private rooftop helipad
  • Specialized security and valet personnel
  • Full-service concierge
  • Bank-quality vault with individual safe deposit box for every residence

One Thousand Museum Residence Features

  • Custom Italian cabinetry by Poliform
  • Fine quartz countertops by Silestone
  • Induction cooktop, oven, steam oven, microwave, dishwasher, and integrated coffee maker by Gaggenau
  • Refrigerator by Sub-Zero
  • Faucets and fixtures by Dornbracht, Duravit, and MTI
  • Interior doors by Lualdi Porte with door handles designed by Zaha Hadid
  • Custom-designed, Italian-made walk-in closets
  • Extensive state-of-the-art home automation by Crestron, allowing residents to control a range of in-residence applications including lighting, heating, air conditioning, audio, video, window treatments, and security
  • Oversized terraces
  • East-to-west flow-through floor plans

Current notables that live at One Thousand Museum include David and Victoria Beckham and David Grutman.

These unique and luxurious units range from $4.95 million to $20 million and with the popularity of the luxury condo market, the inventory has become limited. If you or someone you know have an interest in purchasing one of the One Thousand Museum Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.

Interior at One Thousand Museum
Photo Credit: Darin Feldman
Master Bathroom View of One Thousand Museum Unit 1602
Photo Credit: Darin Feldman
Views from One Thousand Museum
Photo Credit: Darin Feldman
Miami Condo Sales Sore for August 2021

$12.3 Million Setai Sale Leads Miami Condo Weekly Sales

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Miami Condo Sales Sore for August 2021

Sales for Miami-Dade once again surged this past week with the most expensive condo sale closing at Setai Miami Beach. According to the MLS, residential sales totaled $2.7 billion for all of July 2021, reaching 67 percent higher than the previous year.

Condo sales totaled a staggering $148 million compared to last week’s $131 million. The previous week’s volume rose from 208 to a total of 226. The average condo sales price also rose from $632,000 to $640,500.

The most expensive condo sale that occurred was a luxury condo at Setai, which sold for $12.3 million. After 39 days on the market, the unit sold for close to $3,391 per square foot. Our very own, Lucas Lechuga brought in the buyer for this property.

The second-highest and fewest days on the market condo sale occurred at One Thousand Museum for $5.6 million at $1,212 per square foot. This property was on the market for 1 day.

July Sales

Residential sales rose 58% in July with 3,632 closings, which consist of mostly condominium transactions. Single-family sales increased by 15% to 1,373 and condo sales increased by 104% to 2,259 sales.

The luxury market also experienced a leap in sales rising 110% for single-family homes compared to July 2020. For luxury condo sales, an increase of 323% compared to last July.

Helipad at One Thousand Museum

An Elevated Event at One Thousand Museum

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Helipad at One Thousand Museum

Mayor Suarez does it again! First with his campaign to recruit big tech companies to relocate from Silicon Valley to Miami, and now he is hosting events with notables to display Miami as the new epicenter for everything tech and finance.

His most recent event was a collaboration with Barry’s (fitness brand), Keith Rabois (investor), and One Thousand Museum. This event named: ‘Miami:Elevated,’ took place on the helipad of One Thousand Museum with Barry’s personal trainers hosting a workout ‘700-feet in the air.’

The workouts consisted of a sport’s circuit with strength training and cardio. There was an initial donation fee to participate in the event.

Barry's Workout on the helipad at One Thousand Museum

The funds from this event are allocated for the Center for Black Innovation’s Accelerator Program. This program is an 8-week course is designed to assist entrepreneurs with direction for financial and personal success.

“What’s great about today is that we’re doing this…for the Center for Black Innovation which is the soul of our city,” “They are trying to create an equity of opportunity for all of our citizens. We want to give them an opportunity to enjoy the success. What’s amazing about the tech industry, is that they are some of the most thoughtful and most giving people I have met. They don’t just want to make great companies, they want to make a great city. And that’s what the city of Miami is, and how we will be different from every other city in America,” Mayor Suarez stated during the event.

Mayor Suarez truly wants to change Miami into one of the best places in America to work, live, and play. He is definitely on his way to creating an east coast big tech capital.

Attendees of note: Mayor Francis Suarez, Mayor of Miami; Keith Rabois, General Partner at Founders Fund; Pete Gilligan, Chief of Staff at Founder’s Fund; Lucy Guo, Co-Founder at Scale AI; Delian Asparouhov, Principal at Founders Fund; Chip Virnig, Partner at Thomabravo; Jeremy Wood, Founder of OpenStore; Zach Frankel, Co-founder at Better, Candid, BOD, Ramp, Redesign Health; Healey Cypher, Partner at Atomic VC; Mike Shebat, Senior Manager, Global Product at Uber; Traba, CEO & Founder; Demian Bellumio; Miami Tech Life Founder; Kingsley Advani, Founder of Allocations, Partner at 305 Ventures; Christine Aylward, Founder & Managing Partner of Magnetic; Jason Lovell, Founder of Motion; Nihaar Sinha, Founder & CEO of Maiya; Erick Gavin, Program Manager for CFBI; Kevin Venger, Co-Developer of One Thousand Museum; Matt Haggman, EVP at Beacon Council.

Photo credit: Ronin Creative

Article content credit: rbb Communications

One Thousand Museum Tower in Park West

Neighboring Penthouse to David Beckham is Under Contract with a List Price of $19 Million

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One Thousand Museum in Park West

One Thousand Museum designed by Zaha Hadid in Park West Miami has so much to offer its residences and not to mention, it is also the home of David and Victoria Beckham. Who wouldn’t want to live there!

With the current Miami real estate market, luxury condos are not staying on the market very long. So it is of no surprise that the penthouse neighboring David Beckham’s was just listed and under contract within a matter of days with a list price of $19 million.

One Thousand Museum Entrance

This full-floor penthouse is located directly under David Beckham’s penthouse. Although both units feature 9,200+ square feet, the floor plans are different with the same incredible views of Biscayne Bay from the 1,020 square feet terrace.

This unit has everything including 5 bedrooms, 6.5 bathrooms, high ceilings throughout, custom Gatto Cucine Kitchen with Sub-Zero appliances, custom closets, and custom bathrooms. The entire residence has integrated smart technology that controls lighting, heating, air conditioning, audio, video, window treatments, and security.

The building is just as impressive with its double-height aquatic center with infinity pool, sky lounge and not to mention the first residential development in South Florida to have its own helipad and security vault.

One Thousand Museum Tower in Park West

Building Features

  • Double height aquatic center with indoor pool
  • The Sky Lounge provides a dramatic venue for private events for residents
  • Private rooftop helipad. The helipad will make nearby islands, private and commercial airports, and private yachts easily accessible
  • Multiple recreation areas for swimming, sunning, socializing, and fitness
  • 24/7 specialized security and valet personnel, other on-site staff including concierge, professional management, and other specialized personnel
  • Custom scenting by 12.29 in all interior amenity spaces including the lobby, wellness & spa level, aquatic center, and sky lounge (can be available in residences upon request)
  • Bank-quality vault with individual safe deposit box for every residence, offering residents the convenience and security of storing their valuables onsite

David and Victoria Beckham purchased their One Thousand Museum penthouse for $20 million in 2020.

One Thousand Museum

One Thousand Museum Tower Faces Foreclosure Due to Unpaid Loan

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1000 Museum Residences in downtown Miami.

Designed by the late starchitect Zaha Hadid, One Thousand Museum is a luxury condo tower located in Miami’s Park West neighborhood. As reported by The Real Deal, the developers of it are facing foreclosure due to an unpaid loan of $82.7 million.

According to FinTech Zoom, the court filings include the Motoconb Estates, LTD., agent for David and Simon Reuben (Reuben Brothers), are seeking to overtake the remaining 15 units from the tower.

The Principal investor is Gilberto Bomeny and the co-developer is Louis Birdman. Caught by surprise, Birdman recently stated, “This action by our current lender was completely unexpected, as they are well aware that our sales team had a record-breaking year of sales, and that we are preparing to pay off the construction loan this month. We remain focused on the successful sellout of our limited number of remaining residences at One Thousand Museum during the course of this year.”

1000 Museum Residences in downtown Miami.

FinTech Zoom also reported that the Reuben Brothers are among some of Britain’s wealthiest families but are not well known in South Florida. This year alone, they purchased Kyu restaurant in Wynwood and a few additional properties in South Florida. They also acquired the One Thousand Museum loans in February 2021.

According to Birdman, “We are in the process of raising prices. The building is performing better than ever.” In the past year, over $100 million in units have sold as well as $35 million in quarter 1 of 2021.

Notables that currently reside at One-Thousand Museum include David and Victoria Beckham and French national team soccer player Paul Pogba.

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$22+ Million in Sales in One Week at One Thousand Museum Residences

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Demand for condominiums in Miami has increased within the past 3 months. Residential home shortages, as well as an increase in relocations, are driving factors for this demand. According to Business Insider; bankers, fund managers, and executives are now moving to Miami from New York at an alarming rate. Luxury home sales tripled in December 2020 compared to the previous year and the future for this market looks even better!

One Thousand Museum Residences is one of the many luxury condominiums that are feeling the demand. In the first week of January, they have reached $22+ Million in sales at the Bayfront building. ARTE Surfside and The Ritz Carlton Residences have also reached record-breaking sales in 2021.

With views of Biscayne Bay, the Atlantic Ocean, and Miami Skyline; One Thousand Museum is only minutes from South Beach and the Brickell financial district. This contemporary tower rises 60 stories with 83 total units; 4 duplex townhouses, 70 half-floor units, 8 full floor penthouses and 1 double story/full floor penthouse. Two lower level floors are dedicated to an indoor/outdoor wellness and spa, as well as the rooftop featuring the Aquatics Center and Sky Lounge. Additional building amenities include:

AMENITIES

  • Double height aquatic center with indoor pool
  • The Sky Lounge provides a dramatic venue for private events for residents
  • Private rooftop helipad. The helipad will make nearby islands, private and commercial airports, and private yachts easily accessible
  • Multiple recreation areas for swimming, sunning, socializing, and fitness
  • 24/7 specialized security and valet personnel, other on-site staff including concierge, professional management, and other specialized personnel
  • Custom scenting by 12.29 in all interior amenity spaces including the lobby, wellness & spa level, aquatic center, and sky lounge (can be available in residences upon request)
  • Bank-quality vault with individual safe deposit box for every residence, offering residents the convenience and security of storing their valuables onsite

Building Zones

The private residences feature custom Italian Kitchens with the main living spaces flowing east to west. Oversized terraces transform the units by providing more natural sunlight as well as the fresh ocean breeze. Additional features include:

FEATURES

  • Private residences are accessed from the lobby via secure, high-speed elevators that feature destination-entry smart technology
  • East-to-west flow-through floor plans that capture the mesmerizing panorama of Biscayne Bay and Atlantic Ocean views as well as the Miami skyline
  • Oversized terraces
  • Custom Italian kitchens with quartz countertops
  • Induction cook tops, in wall ovens, steam ovens, microwaves, dishwashers and integrated coffee makers by Gaggenau
  • Refrigerators by Sub-Zero
  • Faucets by Dornbracht and other quality manufactures
  • Custom-designed Italian made walk-in closets
  • Interior doors throughout the residences are by Lualdi Porte. All doors have been customized with Valli & Valli’s Duemila Cinque series handles designed by Zaha Hadid
  • European Interior Illumination products by Apure Architectural Lighting and other premium manufacturers customized by German designer, Uli Petzold.
  • State-of-the-art home automation infrastructure by Crestron

These unique and luxurious units range from $4.95 million to $20 million and with the popularity of the luxury condo market, the inventory has become limited. If you or someone you know have an interest in purchasing one of the One Thousand Museum Residences, please contact Lucas Lechuga via email at [email protected] or by phone at 786-247-6332.