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Robert A. M. Stern’s new twin, sweeping bell-shaped St. Regis Residences in Miami’s Financial District mirrors the city’s famed Art Deco tradition
Miami, Florida, United states Robert A. M. Stern and his design and style crew at RAMSA with each other with Rockwell Group and Swiss landscape architects Enea Garden Layout have developed two new Miami residential towers for developers Related Team and Integra Investments at the edge of Biscayne Bay with a sweeping bell-shaped footprint that will be instantly recognizable with rounded sorts and a glass design that attracts on the city’s Artwork Deco and Miami Present day heritage. Adapted for 21st-Century residing, the twin structures will present iconic views to the water, south across Biscayne Bay, and north to the lights of Downtown Miami. The two-tower residence, with lavish interiors…
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What the highest mortgage rates in 14 years are doing to Twin Cities real estate
Rising mortgage rates put a lid on home buying and selling last month in the Twin Cities. This week, mortgage rates topped 6% for the first time in 14 years. The 30-year fixed-rate mortgage averaged 6.02 %, according to Freddie Mac. That was up slightly from the previous week and more than double the rate offered a year ago. On Friday, a monthly sales report from the Minneapolis Area Realtors showed the housing market in the Twin Cities inching toward a more balanced market, albeit much more slowly than in some parts of the country. “We’re seeing a less competitive landscape as the market has slowed given current interest rates,”…
