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‘Mansion in the sky' Miami penthouse in Pritzker-winning architect Zaha Hadid's final building asks $24M
‘Mansion in the sky' Miami penthouse in Pritzker-winning architect Zaha Hadid's final building asks $24M

New York Post

time21-04-2025

  • Business
  • New York Post

‘Mansion in the sky' Miami penthouse in Pritzker-winning architect Zaha Hadid's final building asks $24M

A Miami penthouse in One Thousand Museum, the final architectural masterpiece of the late Zaha Hadid, has listed for $24 million, The Post has learned. The 51st-floor residence, owned by Loren Ridinger, co-founder and CEO of Market America — a marketing company founded in 1992 — is the largest residence currently available in the building. It out-sizes units inside owned by billionaire Ken Griffin, singer Marc Anthony and soccer legend David Beckham. The full-floor penthouse, represented by Seth Semilof of HL Real Estate Group, spans 10,338 square feet with a 1,200-square-foot patio, offering panoramic views of Biscayne Bay, the Miami skyline and the Atlantic Ocean. Advertisement 16 The building was completed in 2019 and boasts 62 stories. Legendary Productions 16 The unit is currently listed for $24 million. Legendary Productions It boasts five bedrooms, 6.5 bathrooms, a private theater, a wet bar, his-and-hers bathrooms and closets, a wine cellar and custom audio-visual systems. Advertisement Hadid, the Iraqi-born British architect who became the first woman to win the prestigious Pritzker Architecture Prize in 2004, left an indelible mark with her daring deconstructivist designs, seen in landmarks like the Heydar Aliyev Centre in Baku, Azerbaijan — and Rome's MAXXI museum. 16 The wet bar. Legendary Productions 16 The kitchen. Legendary Productions One Thousand Museum, her last project before her sudden death in 2016, redefined Miami's skyline with its sculptural exoskeleton and futuristic aesthetic. Advertisement 'What's unique about it is bringing someone like Zaha Hadid to Miami,' Semilof said. 'You really never have had that type of an architect … This building started construction pre-COVID — before the time of [big-time] architects coming down to Miami — that to me is kind of what makes this building very special.' 16 Zaha Hadid's final project before her death was the One Thousand Museum building in Miami.16 The building is only made up of half-floor and full-floor units. Legendary Productions 16 A view of the open floor plan. Legendary Productions Advertisement The building's exclusivity draws high-profile residents, with only 84 units across its 61 floors. 'It's a little bit different in terms of product,' Semilof said. This rarity, combined with Hadid's visionary design, has made the tower a magnet for the elite seeking discretion and luxury. 16 The unit has plenty of room for art display. Legendary Productions 16 An office. Legendary Productions The penthouse's $24 million price tag positions it as the priciest unit currently listed in the building, edging out another at $23.75 million. Semilof highlighted its scale: 'Most of the units in the building are half floors, two per floor, and then from floors 50 to 60, they're full-floor units. Our unit is the biggest unit. It's on the 51st floor, it's 10,300 square feet and then [Ken Griffin's], which is on the 58th floor, is about 9,000 square feet.' He described it as 'basically a mansion in the sky,' adding, 'It's Zaha Hadid's last building and it's really the only 10,000-square-foot apartment you could get in all of downtown that's built within the last 10 years.' Advertisement 16 Ken Griffin currently owns two units in the building — one of which was undeveloped and briefly listed on the market, sources tell The Post. AFP via Getty Images 16 The largest penthouse currently available in the building, it boasts 360-degree views of Biscayne Bay. Legendary Productions 16 The unit spans its whole floor. Legendary Productions 16 The primary suite. Legendary Productions Advertisement 16 One of five bedrooms. Legendary Productions 16 There's space for a screening room. Legendary Productions 16 Marc Anthony also owns a unit in the building, which he is listing for $9.9 million. Getty Images HL Real Estate Group, the boutique real estate arm of Haute Living, also brokered Ridinger's original $19 million purchase of the penthouse in 2021. Advertisement The penthouse joins a dynamic market within One Thousand Museum. Marc Anthony's unit is listed for $9.9 million, while Griffin briefly put his own on the market before withdrawing it days later — one of two he owns in the building, a source told The Post.

Socialite's sprawling apartment in Miami is going for $24M. She has famous neighbors
Socialite's sprawling apartment in Miami is going for $24M. She has famous neighbors

Miami Herald

time18-04-2025

  • Business
  • Miami Herald

Socialite's sprawling apartment in Miami is going for $24M. She has famous neighbors

Want to work out alongside David Beckham? Borrow sugar from Posh Spice? A breathtaking residence at the power couple's upscale Miami apartment building just hit the market. The luxury pad, which takes up the entire 51st floor of the 62-story One Thousand Museum downtown, belongs to Market America CEO Loren Ridinger. The businesswoman is unloading the five bedroom, six bathroom, 10,338-square-footer, the largest of the 10 penthouses there, for a cool $24 million. Perks? Yep, about those. Think a private theater, walk-in pantry with wine cellar, motorized blackout shades and a massive patio offering 360-degree views of Biscayne Bay, the Magic City skyline and Atlantic Ocean. Represented by Seth Semilof, of HL Real Estate Group, this sprawling stunner in the sky also gives you access to the tower's myriad ritzy amenities, such as an ultra modern gym, where Beckham has been seen getting his sweat on. It's unclear why Ridinger wants to sell the unit at Zaha Hadid's architectural masterpiece, where billionaire Ken Griffin also maintains a crash pad. The 56-year-old socialite moved there with her late husband, JR Ridinger, just months before his sudden death at age 63 in August 2022. The entrepreneur recently told People the couple decided to take the leap to city living while renovating their Miami Beach mansion. The widow wrote a book about mourning her soulmate, 'Scrambled or Sunny Side Up? Living Your Best Life After Losing Your Greatest Love.' She cherishes the memories they made there, Ridinger told the outlet, adding she 'still has the same feelings about it as when I moved in.' READ MORE: to Jamie Foxx: All the celebrities who attended JR Ridinger's memorial

Seven urgent challenges that Miami condos and owners have faced the past year
Seven urgent challenges that Miami condos and owners have faced the past year

Miami Herald

time22-03-2025

  • Business
  • Miami Herald

Seven urgent challenges that Miami condos and owners have faced the past year

Real Estate News Seven urgent challenges that Miami condos and owners have faced the past year Miami condo living faces mounting financial and safety challenges, underscored by escalating repair costs, lawsuits and market instability. New structural integrity mandates, enacted after the Surfside collapse, have led to financial strains for condo owners, including special assessments and association fees. Legal disputes, such as those involving luxury towers in Bal Harbour, highlight issues of deferred maintenance, structural risks and misallocated funds. While some properties struggle with plummeting prices, others face buyer hesitancy due to rising insurance costs and repair fees, leaving both sellers and buyers in precarious positions. With legislative relief delayed until at least 2025, residents are left grappling with financial uncertainty in a tightening market. The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories below were reported, written and edited by McClatchy journalists. Miami skyline, including Bayside Market Place, Freedom Tower and the Miami Heat arena. By Pedro Portal NO. 1: WHY HOMEBUYERS ARE POURING INTO SOUTH FLORIDA DESPITE RECORD-BREAKING HIGH PRICES Miami-Dade County has a new historically high median sales price for single-family homes. | Published May 25, 2024 | Read Full Story by Rebecca San Juan Single-family home and condo prices continue to climb in South Florida, despite a slowdown in sales activity. Above: A photo of the FTX Arena and several residential high-rises, including Zaha Hadid's One Thousand Museum. By Pedro Portal NO. 2: HOME PRICES ARE UP AGAIN IN MIAMI, BUT WHERE ARE THE BUYERS? CONDOS ARE AN ISSUE What to know about changes in the real estate market. | Published June 22, 2024 | Read Full Story by Raisa Habersham Real estate properties sits off Lake Santa Barbara in Pompano Beach, Florida on Monday, April 26, 2021. By MATIAS J. OCNER NO. 3: CONDO SELLERS IN MIAMI-DADE FACE A BITTER REALITY — PRICES KEEP FALLING. HERE'S WHY What to know about the number of deals and the median prices in South Florida. | Published July 24, 2024 | Read Full Story by Rebecca San Juan The Miami-Dade Marine Patrol Unit navigates as search and rescue personnel search for survivors through the rubble at the Champlain Towers South Condo in Surfside, Florida, Sunday, June 27, 2021. The apartment building partially collapsed on Thursday, June 24. By David Santiago NO. 4: DESANTIS WON'T CALL LAWMAKERS TO TALLAHASSEE TO ADDRESS CONDO CRISIS. AT LEAST NOT YET 'Things need to be kind of teed up so that we're going to be successful,' DeSantis said. | Published September 19, 2024 | Read Full Story by Rebecca Liebson An exterior shot from Collins Avenue of people walking past the St. Regis Bal Harbour Resort, in Bal Harbour, Florida, Tuesday, November 21, 2020. By Daniel A. Varela NO. 5: MIAMI CONDO OWNERS IN LUXURY TOWERS ON THE BEACH SUE COMPANIES OVER SAFETY CONCERNS What to know about the case at the Bal Harbour complex near Surfside. | Published November 14, 2024 | Read Full Story by Vinod Sreeharsha The Miami-Dade Marine Patrol Unit navigates as search and rescue personnel search for survivors through the rubble at the Champlain Towers South Condo in Surfside, Florida, Sunday, June 27, 2021. The apartment building partially collapsed on Thursday, June 24. By David Santiago NO. 6: NO DELAY ON LOOMING DEADLINE FOR CONDO REPAIR FEES, FLORIDA GOP LEADERS DECIDE But condominium associations that don't comply with impending reserves budgeting will not be penalized by the state. | Published November 20, 2024 | Read Full Story by Ana Ceballos Alexandra Glorioso Rebecca San Juan The partial collapse of the Surfside condo tower, Champlain Towers South, above, on June 24, 2021, has led to a Dec. 31, 2024, deadline for condo associations to file a structural integrity report on condo buildings three stories or higher. By Matias J. Ocner NO. 7: FLORIDA CONDO CRISIS NEEDS TO BE ADDRESSED BY LAWMAKERS. HERE'S A STARTING POINT | OPINION While the Legislature won't convene a special session before a key Dec. 31 deadline for condo owners, here's what lawmakers should address next year. | Published December 4, 2024 | Read Full Story by Gary M. Mars This report was produced with the help of AI tools, which summarized previous stories reported and written by McClatchy journalists. It was edited by journalists in our News division.

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