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Ytech Purchases Historic Nolan House in Brickell

One of Miami’s most historically significant landmarks recently sold for $6 million after Brickell-based development firm Ytech purchased the George E. Nolan House. The property at 1548 Brickell Avenue is one of the last remaining estates along Miami’s “Millionaire’s Row.”

“Brickell is at the epicenter of Miami’s evolution and Ytech has a deep appreciation for the neighborhood’s rich history,” says Yamal Yidios, CEO of Ytech. “The acquisition of such a historically significant property will allow our firm to preserve the past while making a lasting impact on the future.”

The mansion was completed in 1926 during the booming era of the 1920s. by banker George E. Nolan for $28,000. The estate is also historically significant due to its age and neoclassical architecture featuring a two-story Corinthian portico.

Ytech purchased the property from Hive Brickell as part of its goal of developing luxury residences. Since 2006, Ytech has overseen the development and redevelopment of more than 7,000 apartments in 25 submarkets across the Southeast United States, with more than $1 billion in residential projects involving the Brickell neighborhood.

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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.