ASRR to buy out partner in Surfside condo project

Renderings of Arte by Antonio Citterio and Alex Sapir Alex Sapir’s ASRR Capital is in advanced talks to buy out its partner in a Surfside condominium project, according to documents filed on the Tel Aviv Stock Exchange. Sapir will pay $6.1 million for Eyal Ben-Yosef’s 12.5 percent stake in the project, called Arte by Antonio…

Bal Harbour, Surfside and Bay Harbor Islands may have 2 years of excess inventory

Nothing screams buyer’s market like excess inventory. And judging by a new report, sellers and developers in Bal Harbour, Surfside and Bay Harbor Islands could be dealing with just that. That market currently has about two years of excess luxury condominium inventory, according to a new report from Condo Vultures Realty. During the first half…