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South Florida Business Journal
Philanthropist and businesswoman Susie Levan dies at 73
Susie Levan, a multifaceted philanthropist and businesswoman from Fort Lauderdale, has died from cancer at age 73.<\p> A champion of women’s empowerment, Levan dedicated 30 years of her life to nonprofit organizations in Broward County.<\p>
City approves $55M project for new YMCA, hospital facility
Fort Lauderdale officials approved a lease for the YMCA of South Florida and Broward Health to build a joint facility at Holiday Park.<\p> The $50 million-plus project would total 60,000 square feet next to the Parker Playhouse. It would have 46,000 square feet for a YMCA athletics and aquatics center with a six-lane pool plus 12,000-square feet for a Broward Health free-standing emergency center. It would have full emergency department services, including imaging and lab work, on site. <\p>
Local Red Lobster closes as chain downsizes amid bankruptcy reports
Dozens of Red Lobster locations have abruptly closed throughout the country, including one in Hialeah.<\p> The seafood restaurant, which is located across from the Westland Mall at 1750 W 49th St., closed on May 13. Red Lobster updated the restaurant’s hours on its company website and the location’s phone line no longer works. <\p>
Growing share of real estate agents weigh leaving their brokerages
The Covid-19 pandemic and a recent wave of class-action lawsuits have pushed more real estate agents to consider leaving their brokerages.<\p> Those findings, from the latest annual Agent Priorities Report from Coldwell Banker Real Estate, found while 61% of agents surveyed plan on sticking with their company this year, that’s down from 75% in 2023.<\p>
Hialeah multifamily complex with over 100 apartments sold
The San Sherri Apartments in Hialeah sold for $20.61 million.<\p> San Sherri Partners and Freshwater Group, both managed by Alfred Sayegh in Brooklyn, sold the 108 apartments at 1330 and 1310 W. 29th Street, plus 1345 W. 28th Street to Plaza Gardenia LLC, managed by David Gorson of Miami's Coconut Grove-based Vantage Capital Partners. <\p>
Cruise giant adds home port in island territory
Princess Cruises will sail its Grand Princess ship from Puerto Rico next year.<\p> The Santa Clarita, California-based cruise line, which is a subsidiary of Miami-based Carnival Corp. & plc (NYSE: CCL), announced San Juan will serve as the ship’s home port from Oct. 12, 2025, through March 29, 2026. <\p>
Airline credit-card reward programs in regulators' crosshairs
The nation's major airlines are drawing heat over their branded credit-card reward programs, with federal regulators targeting consumer complaints that claim many perks don't live up to the hype and sometimes cost more than they are worth. Those findings...
Emirates to launch local flights to Latin American hotspot
Emirates will launch a new daily service to Bogotá, Colombia, from Miami International Airport. <\p> The Dubai-based airline’s inaugural flight to the Latin American hotspot is scheduled for June 3. <\p>
Toronto developer plans 60-story tower in downtown Miami
Toronto-based Blutrich Holdings, led by Gil Blutrich, has proposed a 60-story residential tower in downtown Miami.<\p> The city’s Urban Development Review Board will consider plans for Clear Residences on the 0.55-acre site at 130 S.E. First St. and 153 S.E. Second St. on May 15. Blutrich has the parking lot under contract from Clear Communities Miami South LP and Clear Communities Miami North LP, both managed by Meir Shai Ben-Ami in Miami.<\p>
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