New York developer bets billions on Miami Beach real estate miamiherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miamiherald.com Daily Mail and Mail on Sunday newspapers.
“It is very important to me that when we are done with this property that we walk down Collins Avenue or walk into the lobby and you can actually see what was designed in the 40s,” Michael Shvo says of Art Deco gem.
Developers are willing to pay for pricey Art Deco building repairs if they can build a lucrative condo tower nearby. Preservationists fear this will destroy what makes Miami Beach special.
A battle over the soul of Miami Beach: Will developers destroy or save Art Deco? wfit.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfit.org Daily Mail and Mail on Sunday newspapers.