Wednesday, May 15, 2013


 I  have been at the presentation, a few weeks ago.

The background, in all cases, was magnificent. The sunset, the musician, the dancer, the amazing weather, the color of the air. I wish I would have invited some of my best buyers. It would have been fascination at the first sight. 

It's a relatively small development. Compared to the uber-luxury projects I have seen in other areas, in terms of luxury and high end living, this development makes a lot of sense and is definitely affordable (so to speak).  

Amidst the soft white sand and calm turquoise waters of Hollywood Beach, Florida lies a unique private hideaway, Sage Beach.
This boutique condominiUm features 24 exclusive oceanfront residences designed by world renowned-architect Carlos Ott.

Situated on 300 linear feet of pristine oceanfront and surrounded by a lush tropical landscape, Sage Beach is a haven ready for awakening.


Building designed by Carlos Ott

Beachfront vanishing-edge pool

Smart building with worldwide access to your residence’s functions and all building services

Private poolside cabanas equipped with wet bar

Lush tropical landscaping

24/7 Security & Valet

Private covered parking

Six distinctive penthouses with private rooftop terraces and plunge pools

Finishes with the finest stone, wood, glass and wall coverings, exclusively hand-selected for Sage Beach 


Only 24 private residences

Private elevator and foyer to each residence

All residences offer panoramic ocean views

Private plunge pools on select terraces

Large master suite overlooking the ocean and beach

Spacious great rooms with unobstructed ocean views

“Furniture ready” residences - flooring and lighting pre-installed

Floor-to-ceiling impact glass windows

and sliders

10 ft. deep, 500+ sq. ft. terraces

Oversized soaking tubs

Prewired for high tech security, advanced technology and tv customization

Custom-designed Italian cabinets

Chef island with oversized Wolf cooktop and custom hood

Two stainless steel sinks with a courtesy cooking pot filler faucet

Miele concealed dishwasher with Fisher Paykel dish drawer

Side by side SubZero refrigerator/freezer

SubZero wine cellar

Available Floor Plans

2 Bedrooms | 2.5 Baths | Media Room 8 units - 2,005 Sq. Ft.
3 Bedrooms | 3.5 Baths | Media Room 8 units - 2,383 Sq. Ft.
3 Bedrooms | 3.5 Baths 8 units - 2,823 Sq. Ft.

Price Ranges:
2 Bedrooms from $1.2m
3 Bedrooms from $1.5m

Maintenance Fees:
Just over $1.00 per square foot


Deposit schedule:
20% Contract
20% Groundbreaking
20% Topping Off
40% Balance at Closing


Henry B. Nathan

Luxury Waterfront Real Estate Specialist

 United Realty Group

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Here is a voice of business:

 From South Florida Business Journal – May 15, 2013

Cymbal's Marina Lofts gets key approval in Fort Lauderdale


Marina Lofts would transform the south bank of the New River.

Marina Lofts received a 9-0 approval from the Fort Lauderdale Planning & Zoning board just before 1 a.m. on Wednesday.
The Fort Lauderdale City Commission chamber was overflowing with supporters wearing green t-shirts and opponents wearing blue shirts. There were so many in attendance that the fire marshal ordered that some attendees in the back of the chambers leave.

Developer Asi Cymbal and his team gave a detailed one-hour presentation about the project. Before the vote, city staff basically said the nearly 1,000-unit rental project fit with desired development in the area.
A controversial plan to move a giant rain tree wasn't within the purview of the P&Z board's review, so opponents' last-ditch efforts to stop the project will depend on the Fort Lauderdale City commission. So far, the commission appears to support the project.

Marina Lofts would be a major landmark on the south side of the New River west of Andrews Avenue next to the site of Related's New River Yacht Club.

Cymbal said the project was a tremendous opportunity to help make Fort Lauderdale a world class city.
"We are not looking to create an average or ordinary community. We are looking to transform and transcend," Cymbal said.

His team has built 15 million square feet of high rise construction, including a 67-story tower, he said.
Cymbal talked about an initial project in Miami's Wynwood area, which was 100 percent leased during tough economic times, and an upcoming project with architect Enrique Norten that he said is fully funded and awaiting permits for construction to start.

Cymbal also talked about working in New York with Norten and architect Phillipe Starke on a $60 million project in the Soho area and a $150 million project in the city's Tribeca area.

"We are builders. We are not speculators," Cymbal said. "I didn't come from money and my family isn't in the business. I fought very hard to get in this field."

Cymbal said he grew up in a housing project in Brooklyn that had lots of concrete and he has gained an appreciation of architecture because "your environment affects who you are."
Cymbal has retained Danish architect Bjarke Ingels for Marina Lofts and noted he was named an innovator of the year by the Wall Street Journal.

Cymbal said he has invested $30 million in the project so far and will provide $10 million in public benefits, such as a riverwalk along the New River.

The density for the project is needed because he wants to create rentals starting at $1,100 a month, Cymbal said. He has a waiting list for half the units in the first building.

Many of the concerns expressed by residents had to do with density and traffic. A bulk of the opponents opposing the project live in the Esplanade Condominium, which is just to the west of the Marina Lofts site.
However, it turns out the condominium board at Esplanade doesn't oppose the project.

President Dan Norman said the condo board unanimously passed a position paper with conditional support and found the overall concept to be "impressive, innovative and even daring."

Norman said the board found Cymbal responsive to its concerns. Two towers were reduced from 36 to 28 stories and the total units were reduced by almost 100 to just under 1,000.

Norman, who was previously a senior editor at the Sun Sentinel, said as a 44-year city resident he wouldn't be disappointed if the city asked for a further height reduction, "but if Fort Lauderdale is going to compete with other cities it has to satisfy the thirst for a downtown urban atmosphere. The only place to expand is up not out. I say yes to Marina Lofts no matter what the size is. It keeps the city growing in a stunning way."
Representatives of key business groups also supported the project, including the Greater Fort Lauderdale Chamber of Commerce and the Greater Fort Lauderdale Alliance. Marine industry
supporters also said the development would be beneficial by preserving a marina a 200-boat storage facility.

Chamber President Dan Lindblade said his board has voted unanimously in favor of the project and handed over a letter of support from Winterfest, which puts on the annual holiday boat parade.

Marina Lofts would help make Fort Lauderdale an international destination of choice, Lindblade said.
Rob Hink of the Spinnaker Group, past president of the U.S. Green Building Council, said Marina Lofts was a model for LEED development.

"This project meets the very definition of sustainabilty," he said. The dense urban project is the opposite of suburban sprawl, but has an extraordinary amount of open space plus green roofs.

Perhaps the most powerful speaker was Adriana Fasano, an Amherst College Fulbright Scholar, who moved back to the city where her parents live.

"We as a city are in one of the biggest and darkest brain drains in history," she said, saying the city needed innovators to attract talented young professionals. She outlined some widespread concerns that South Florida isn't on the cutting edge of culture, though leadership, the arts, engineering and math.

Cymbal's project would help change that, she said. "We cannot be the city that stifles innovation."

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Cymbal's Marina Lofts Controversy - Planning Board Hearing announced for May 14, 2013

The Fort Lauderdale Planning Board Hearing - May 14, 2013

Showdown at City Hall Tonight on Rain Tree and Marina Lofts Development

From the New Times , May 14 2013

Tonight, people who both support and oppose the Marina Lofts development proposed for near downtown Fort Lauderdale will meet for what promises to be a heated showdown in front of the Planning and Zoning Board. The board will make a recommendation to the City Commission, which will ultimately vote on whether to allow the project. Today's hearing will take place at 6:30 p.m. at Fort Lauderdale City Hall. Commenters will get three minutes to speak. 

The project is big (two 36-story towers and one 25-story building with about 1,000 units), and its design is downright radical for Fort Lauderdale. The vision of hotshot Danish architect Bjarke Ingels, it has jagged walls, appearing as though the building has been ripped in half. Its developers proudly describe it as "a cross between a Rubik's Cube and Lego creation." The idea was to create a "cave" that would invite people to walk through the middle and come to the river, where one day, if you believe the developers, there could be farmers' markets, entertainment, and a pedestrian bridge across the water to Riverwalk.

Developer Asi Cymbal says Marina Lofts would finally bring something cool to downtown, inject life into a sleepy area, and make use of the underutilized waterfront on the New River. "Too many people in Fort Lauderdale who love this city end up leaving because they can't find affordable housing options that are luxurious and cool in downtown," he has said. "Imagine hopping on the Water Taxi to jump to Las Olas for work or shopping, catching a show at the Broward Center, and then going home."
But the project has garnered a lot of opposition, partly because of its size, partly because demand is debatable (Fort Lauderdale already has plenty of other mixed-use projects with empty ground-floor retail), and largely because, to build it as currently planned, Cymbal intends to move a majestic, nearly 100-year-old rain tree that was somewhat protected years ago by a city resolution that declared commissioners must consider the tree in any proposed development.
We've told you about the folks who oppose the development -- like Chris Brennan, the Water Taxi employee who was fired after making a YouTube video in defense of the tree, and dozens of people who showed up at a parade last month. 

Activist Cal Deal has been railing against the project on his blog. He fears that the development would plunge the neighborhood into shadows and that traffic from so many new tenants would adversely impact the area.
 He also questions the integrity of Cybmal, who on a "portfolio" page of his website takes credit for New York projects he worked on under his former employer, Shaya Boymelgreen (who disappeared after facing multiple lawsuits for shoddy construction), and also takes credit for projects that were designed but never built. Some fear that Cymbal could get all of the permitting, then sell the project to someone who would not deliver the promised affordable rents or other amenities. 

Cymbal did not respond to a call asking to address Deal's concerns, but last week, he released the above bit of counter propaganda, in which he is interviewed with softball questions by one of the lawyers he's retained. 

He promises that apartments will rent for $1,100 and that for $2,000 or less, residents can have an apartment and keep a boat onsite. 
Cymbal has offered to hire some of the world's foremost tree experts to move the rain tree to a new park he'll establish and put up a $1 million bond in case it dies. 

The Sun Sentinel on Sunday ran an editorial in favor of the project, written by Dan Lindblade, CEO of the Chamber of Commerce. 

(In an email, Deal responded, "If the Sun-Sentinel was a decent, responsible local paper, they would have had a balanced presentation. Instead they let the C of C Cheerleader parrot the developer's arguments" and chided Lindblade, who "seems unable to wrap his head around the idea that we enjoy something green that does not go into a wallet.")

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