07/29/16 Real Estate
TAMPA — Have you ever fantasized about spending time with Beyoncé and Jay Z? Now you can actually live where the superstar couple themselves spent time.
The striking mid-century home that the duo rented this spring on Davis Islands just hit the market for $3.695 million.
Built in 1969, the three-bedroom, 21/2-bath house sits back from Riviera Drive and is surrounded with lush tropical foliage that screens it from everything except the bay waters to the west. The listing doesn't say so, but it's a fine place to hide from paparazzi and overeager fans. ...
TAMPA — On Friday morning, 73-year-old Jacqueline Drury told a judge how she lost almost everything after investing $227,644 with Pasco County attorney and real estate developer Constantine Kalogianis.
How she lived without a car and had to rely on relatives to get around. How she couldn't afford to see a dentist and had to give up cable TV. How she used to visit her daughters in New York but can't go any more unless they pay for the trips. ...
The body of 96-year-old Joy McCann Culverhouse, widow of former Tampa Bay Buccaneers owner Hugh Culverhouse Sr., still lies in a Tampa funeral home more than three months after her death as the battle over her estate grows increasing contentious.
Claiming she was pressured by "charlatans,'' her two children are now trying to revoke her will and set aside a trust she created that could be worth as much as $40 million. The stakes are huge but the scenario is surprisingly common. ...
ST. PETERSBURG – Residents and businesses around the 400 block of Central Avenue can expect a noisy, dusty few months as workers demolish a former hotel, bank and parking garage.
Demolition is expected to start Thursday as the 2-acre site is cleared to make way for a mixed-use project that could include a hotel and a tower of 40 or more floors. New York-based Red Apple Group, headed by a Greek-American billionaire, is under contract to buy the block, arguably the most valuable parcel still left for development downtown. ...
07/27/16 Real Estate
ST. PETERSBURG — Sundial, downtown St. Petersburg's entertainment and shopping complex, is for sale.
Developer Bill Edwards bought the once-troubled property, which was then known as BayWalk, in 2011 for $5.2 million. He heavily remodeled it and lured an impressive array of shops and restaurants.
Rumors had swirled for some time that the property would be sold. It was listed Wednesday by the Chetek Group of Marcus & Millichap....
07/26/16 Real Estate
ST. PETERSBURG — Large parties are continuing in a Tierra Verde mansion rented through Airbnb, even as the host faces drug trafficking charges and a Pinellas County commissioner is looking at ways to eliminate abuses of the popular home-sharing site.
Neighbors of the 5,500 square foot waterfront house say groups of as many as 16 people have stayed there all but one weekend since the start of July. That's when Robert Lauby, who has listed the house on Airbnb, was arrested in North Florida after deputies said they found the drug ecstasy and more than $4,000 cash in his Hummer. ...
07/26/16 Real Estate
TAMPA — A Texas-based home builder has backed out of its multimillion-dollar deal to buy the A La Carte Pavilion and build an upscale waterfront community on the 15-acre site.
David Weekley Homes notified Egypt Shriners last month that it would not go through with the purchase of the popular event venue, James Lich, chief rabban, or first vice president, of Egypt Shriners, said Tuesday. ...
07/22/16 Real Estate
ST. PETERSBURG — Renovating an old building can be just as expensive as building a new one.
That's what developer Jonathan Daou has discovered while converting St. Petersburg's century-old North Ward school into shops, a restaurant and a yoga studio. He says he has already spent $300,000 more than expected and has put further work on hold while city staffers review plans and permit applications. ...
07/21/16 Real Estate
TAMPA — Three years after he was canned, former Tampa Bay Buccaneers quarterback Josh Freeman has put his gated Bayshore Boulevard estate on the market for just under $2 million.
The onetime Kansas State star bought the 5,837-square-foot, three-story home in 2010, a year after he became the Bucs' first-round draft pick and youngest quarterback in the team's history. In addition to six bedrooms and six baths, the house boasts a theater room and a large game room with balcony overlooking an outdoor grilling area, heated pool and spa. ...
07/21/16 Real Estate
Tampa Bay home prices soared nearly 17 percent in June, the biggest year-over-year jump since last summer and the second-highest increase of any Florida metro area.
At the same time, the number of bay area sales in June showed zero change from a year ago — another sign that prices are being driven up by the extremely tight supply of available homes.
"It is still apparent we have more buyers than sellers in our market,'' said Charles Richardson, senior regional vice president for Coldwell Banker. "The (bank-owned) and short-sale listings are down to the lowest levels in over 10 years.''...
As the new president of the Florida Bar, Tampa lawyer William J. Schifino Jr. is starting out on a relatively low-key note. And that's probably fine with everyone.
At this time last year, the Bar's 103,000 members were embroiled in a bitter controversy over reciprocity — letting out-of-state lawyers practice in Florida without taking the Florida Bar exam. Then-president Ramon Abadin spent much of his year in office dealing with critics who claimed reciprocity was a crazy idea at a time when many Florida lawyers and recent law school graduates were struggling financially. ...
07/13/16 Real Estate
TAMPA — Former Tampa Bay Buccaneers coach Greg Schiano has sold his Culbreath Isles home for $6.625 million, the second-biggest residential sale ever in Hillsborough County.
Schiano and his wife, Christina, built the 10,850-square-foot mansion in 2013, the same year the Bucs fired him and general manager Mark Dominik after a 7-9 season.
The buyer was a land trust with Tampa attorney Robert S. Walton as trustee. ...
07/12/16 Real Estate
ST. PETE BEACH — It looks like former Florida governor and current congressional candidate Charlie Crist no longer needs a beachhead on St. Pete Beach.
A Realtor's "Available soon'' sign has sprouted at the 1,480-square- foot cottage Crist and his wife, Carole, bought last year when new congressional district boundaries were still uncertain. But once that issue was settled, the Crists found themselves with two homes in the same district — the modest beach place and a 2,700-square- foot luxury condo in downtown St. Petersburg. ...
John Catsimatidis, whose New York-based Red Apple Group is buying a prime block in downtown St. Petersburg, made his fortune in groceries, oil and real estate. But it's politics that has often kept him in the news.
The Greek-American bilionaire has contributed to a variety of Democratic and Republican campaigns though he has been described as especially "loyal'' to the Clintons. In 2008, he hosted fundraisers that raised more than $750,000 for the presidential race of Hillary Clinton, who attended his daughter's wedding. He also is close to Bill Clinton, who has flown on Catsimatidis-owned planes....
Billionaire developer says 'St. Pete needs a skyline' in revealing soaring tower to replace 'cheese grater' building07/07/16 Real Estate
ST. PETERSBURG — New York's Red Apple Group is returning to the Florida market in a big way — its plans for a prime block in downtown St. Petersburg include what could be one of the tallest buildings on Florida's west coast.
"St. Pete needs a skyline,'' John Catsimatidis, the company's billionaire owner, said in a phone interview Thursday.
Red Apple, which is under contract to buy the block of 400 Central Avenue, released a rendering of a sleek tower that Catsimatidis said would be about the height of ONE St. Petersburg, the 41-story building under construction a few blocks farther east on Central. ...