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Turnaround at Office Depot

While the stock market generally was in turmoil during November, shares of once-beleaguered Office Depot were up 26.2 percent, according to S&P Global Market Intelligence. The company announced quarterly results

While the stock market generally was in turmoil during November, shares of once-beleaguered Office Depot were up 26.2 percent, according to S&P Global Market Intelligence. The company announced quarterly results that beat expectations and said it would buy back $100 million of its stock and reduce debt. “We’re making excellent progress on our strategy, and we have again delivered strong top line growth and generated significant free cash flow,” said CEO Gerry Smith.
A new mega public company

The breakup of United Technologies is resulting in Carrier becoming one of three separately traded public companies with headquarters in Palm Beach County. UTC Climate, Controls & Security is already

The breakup of United Technologies is resulting in Carrier becoming one of three separately traded public companies with headquarters in Palm Beach County. UTC Climate, Controls & Security is already headquartered at the Center for Intelligent Buildings in Palm Beach Gardens and will be renamed Carrier, which is its well-known air conditioning brand. Carrier had 2017 sales of $17.8 billion in HVAC, refrigeration, fire, security and building automation technologies.
Art as an asset is on the rise

UBS has published a special edition of its Investor Watch Pulse Report, to coincide with 2018’s Art Basel in Miami Beach. For this edition, UBS surveyed 175 HNW fine art

High-tech fashion shopping

Custom clothier Graupel has brought 3D technology to its new store at the Shops at Merrick Park in Coral Gables. “Our company utilizes the most accurate 3D technology to generate

Brightline to become Virgin Trains

High-speed passenger service Brightline announced it would rebrand as Virgin Trains USA under a strategic partnership and trademark licensing agreement with the Virgin Group, one of the world’s most recognizable

Casino Miami sold

Casino Miami has been acquired by Las Vegas casino mogul Phil Ruffin with hints of big plans at the 21-acre site, which has room for more development. The 200,000-square-foot casino

Casino Miami has been acquired by Las Vegas casino mogul Phil Ruffin with hints of big plans at the 21-acre site, which has room for more development. The 200,000-square-foot casino at 3500 NW 37th Ave. currently boasts 1,000 slot machines, but is licensed to hold 2,000. “We have exciting plans for Casino Miami that we will be revealing in the near future,” said Ruffin, who owns the Treasure Island Hotel and Casino in Las Vegas.
Top-rated chef comes to Miami

Award winning chef Hemant Mathur is leading the kitchen at Maska, Rickshaw Hospitality Group’s new restaurant in Midtown. In 2004, Mathur opened Devi near New York’s Union Square, which, became

Award winning chef Hemant Mathur is leading the kitchen at Maska, Rickshaw Hospitality Group’s new restaurant in Midtown. In 2004, Mathur opened Devi near New York’s Union Square, which, became the country’s first Michelin-starred Indian restaurant. In 2010, he opened Tulsi, on Manhattan’s east side, which also received a Michelin star. Mathur is known for his skill with the Indian clay oven, and the restaurant is offering traditional and progressive Indian cuisine.
Estates at Acqualina goes vertical

Miami-based Coastal Construction has been awarded a $600 million contract by the Trump Group to build two 50-story towers at The Estates at Acqualina in Sunny Isles Beach. Coastal is

Miami-based Coastal Construction has been awarded a $600 million contract by the Trump Group to build two 50-story towers at The Estates at Acqualina in Sunny Isles Beach. Coastal is preparing to go vertical on the first tower and has commenced the foundation work for the second tower of the $1.6 billion project located at 17901 Collins Ave. The development’s 245 condominiums are priced from $4.2 million to $14 million, with penthouses priced up to $35 million.
Mount Sinai opens in Hialeah

Mount Sinai has opened a 100,000-square-foot, free-standing emergency room at 6050 W. 20th Ave. in Hialeah, creating more than 100 jobs. Mount Sinai’s new facility is expected to accommodate 30,000

Mount Sinai opens in Hialeah Mount Sinai has opened a 100,000-square-foot, free-standing emergency room at 6050 W. 20th Ave. in Hialeah, creating more than 100 jobs. Mount Sinai’s new facility is expected to accommodate 30,000 patient visits a year. The center includes two ultrasound machines, a state-of-the art CT scan and 20 private examination rooms.
Virgin building cruise terminal

Virgin Group founder Richard Branson and Virgin Voyages President and CEO Tom McAlpin announced plans to build a new cruise terminal for Virgin Voyages at PortMIami. Virgin Voyages, which is

Virgin building cruise terminal Virgin Group founder Richard Branson and Virgin Voyages President and CEO Tom McAlpin announced plans to build a new cruise terminal for Virgin Voyages at PortMIami. Virgin Voyages, which is headquartered in Plantation, also announced that its first ship, the Scarlet Lady, will continue to sail to the Caribbean from Miami throughout 2021. The company’s second ship will sail from Miami during the fall-winter cruise season of 2021-22.
New board for NAIOP

NAIOP South Florida, a commercial real estate development organization, has announced the following officers and executive committee for its 2019 board of directors: • President: Butters Realty & Management executive

New board for NAIOP NAIOP South Florida, a commercial real estate development organization, has announced the following officers and executive committee for its 2019 board of directors: • President: Butters Realty & Management executive vice president and office leasing director Darcie Lunsford. (Left). • President-elect: Duke Realty vice president Stephanie Rodriguez. • Secretary: Legacy Bank of Florida senior vice president of commercial lending Patricia Bedley. • Treasurer: Raymond James Financial adviser Marc Kopelman.

The former Bao Bar space on Las Olas Boulevard has been reborn as Casa Sensei with dishes inspired by Japanese, Korean, Chinese, Thai and Latin traditions. The restaurant at 1200

The former Bao Bar space on Las Olas Boulevard has been reborn as Casa Sensei with dishes inspired by Japanese, Korean, Chinese, Thai and Latin traditions. The restaurant at 1200 Las Olas Blvd., along the Himmarshee Canal, includes two private dining rooms accommodating up to 22. The redesign also includes dockside dining, with a new Zen garden with fire globes and two terraces overlooking the canal, and seating for up to 70.

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.