MLR
Principal Paolo Scattarreggia quoted in The Real Deal
News Publication - "The Real Deal"
August 2006 - Volume 4, Issue 8
"Broker Paolo
Scattarreggia, principal of Miami Lodge Realty,
notes that while apartment prices and construction costs
have each doubled in the last five years, construction
costs shot up more steeply in a shorter period, escalating
in the last year and a half from approximately $100
per square foot to $200 per square foot."
"Apartment prices
went up because of the increase in construction costs,"
Scattarreggia notes. "Developers haven't really
increased their profits over the last five years."
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"Island
Diamond - Developer creates kosher Carat"-
The South Florida Business Journal - July 21-27
2006
"Eric Harari
is building an uncommon answer to a very Orthodox need.
The Paris-born real estate developer has crafted
Carat Townlofts, a 12 unit, two-building development
in the heart of Bay Harbor Islands.
His market is a super-select niche: upwardly mobile
Orthodox Jews who require special amenities to fulfill
religious requirements."
"Art
auction raises more than $6,000 for Chai Lifeline at
lunch party of Carat Townlofts"
- South Florida Sun-Times - Thursday, July
6, 2006
"Art joined Architecture
to benefit Chai Lifeline when co-hosts Bernard Markowicz
Director of the internationally renowned Opera Gallery
Bal Harbour, and Eric Harari, developer of the
exquisite Carat Townlofts in Bay Harbor Islands,
welcomed over 150 guests...at an art auction at the
Opera Gallery."
"the
Town "
- Broker Agent Magazine - July 2006
"Eric Harari,
the developer of Carat, has been involved in
real estate developments in South Beach and in Europe
for many years. Harari has gone the extra mile by hiring
Fulcrum Management Corporation as a consultant for the
project, to make sure that everything is done flawlessly.
MLR Realty, a boutique realty company that specializes
in luxury residential properties, is the broker."
"Real
Estate News"
- Aventura Magazine - July 2006
"Carat Townlofts
will be built at 1100 100th St., where just recently
two structures and a pool were demolished. The 12 townlofts,
in two identical buildings, will offer top-of-the-line
fixtures and marble porcelain tiles with designer vanities."
"Developers
turning condo conversions back to rentals"
- Jana S. Danger
- Miami Herald - Friday, June 30, 2006
"..Paolo
Scattarreggia, a principal in MLR Realty
in Miami Beach, said the situation is not surprising,
because a cooling market often means an increase in
the number of rental units. 'I haven't seen it yet,
but it may happen,' he said. 'When a market is hot,
everybody wants to buy...'" [more]
"Extending
A Lifeline"
- The Miami Herald - Thursday, June 29, 2006
"Bernard Markowicz,
director of the Opera Gallery in Bal Harbour, and Eric
Harari, developer of Carat Townlofts in Bay Harbor,
recently hosted a fundraiser for Chai Lifeline,
a nonprofit organization that provides emotional, social
and financial support to children suffering from serious
illnesses and their families."
"Filling
Needs"
- Jewish Journal - June 13, 2006
"At a recent event
at the Opera Gallery in the Bal Harbour Shops, the gallery
and Carat Townlofts joined to raise funds for Chai Lifeline.
'I was very impressed with the organization and
it is a very great thing, and I am very happy to contribute,
somehow,'" says Eric Harari,
developer of the new residences.