Clicky

1809 Brickell Could Be Redeveloped As Soon As Next Year

1809 Brickell Could Be Redeveloped As Soon As Next Year

The owner of 1809 Brickell will be permitted to evict low-income residents as soon as next year and redevelop the property, according to WLRN.

About 400 seniors now live in the affordable housing high rise now known as George Humphrey Tower (formerly Stanley Axlrod Towers), which sits on prime waterfront land.

The property was sold for $14 million to 1809 Brickell LP, controlled by Paulo Tavares de Melo.

In September 2019, Department of Housing and Urban Development restrictions that require the building be used as affordable housing will expire. De Melo said that although he has no legal obligation to do so, he will work with HUD and local government officials to assist in relocating residents.

 

65
Leave a Reply

avatar
  Comment Notifications  
newest oldest most voted
Notify of
A. Nonymous
A. Nonymous

The building was built in 1966. Somewhere along the way an owner got a benefit from the government in exchange for the low income housing restriction.
That deal is ending in Sept ‘19. The owner is offering to do more than required in assisting with relocations.
HUD can find another building owner to enter into a new deal with, if they choose and are able.

Anonymous
Anonymous

originally built as low income housing for teachers. stayed as low income housing (until 2019) because that was part of the condition of the loan from HUD. teacher salaries increased, didnt qualify anymore, moved out. the owner “offered”, let’s wait to see actual before heaping praise.

A. Nonymous
A. Nonymous

Saying the owner is offering to do more than required is hardly heaping praise.
Agree that actions are what are important.

marc
marc

damn… this is when capitalism rears its ugly head.

Anonymous
Anonymous

They are relocating them…. not killing or put them on the street… thanks to that ugly capitalism you sell condos to rich capitalists pigs , don’t you?

William
William

The teachers union got swindled. They sold that to this developer at a huge discount. I don’t understand why they would do that.

Anonymous
Anonymous

Because that’s what Unions do.

Anonymous
Anonymous

The teacher’s union swindles everybody, teachers and taxpayers, so school board career “public servants” can live large while education continues to rot.

Anonymous
Anonymous

Amen!

William
William

I actually agree with you. But usually the teachers union is doing the swindling. Maybe there was a backroom deal amongst the leaders that made the deal “happen”, we just don’t know about it. And I also agree that the unions are bad for all of us. They need to go away.

Anonymous
Anonymous

This is a stupid gov’t program. Neither Gov’t housing nor Gov’t interference have anything to do Free Market Capitalism.

Anonymous
Anonymous

It is VERY important to understand the difference between Free Market Capitalism and Crony Capitalism.
https://youtu.be/D3N2sNnGwa4

Anonymous
Anonymous

ugly head ? its called the free market. These old people could be relocated inland and tenants that are able to pay more could get bay views in an building that could house even more people.

Anonymous
Anonymous

Not really, when even developers who put on a virtue signaling face know there’s a limit when stuff like this and rent control on NYC apartments overlooking Central Park.

Anonymous
Anonymous

They’re literally building two senior apartments in liberty city right now. HUD is working with the landlord.

Anonymous
Anonymous

Thanks for letting us know… not the same level of neighborhood but then again the new buildings will be have modern amenities and same rent amount.

Anonymous
Anonymous

Capitalism’s ugly head is not as ugly as socialism’s face. Socialist countries and communist countries they kicked them out whether they like or not, and not even you can complaint!

Here they get relocated thanks to private institutions and our slow government machinery, at least they have more chance …. never seeing old people thrown on the streets !
Although the narrative of some people depicted that as a reality ( college professors and snowflakes in colleges)

They new construction will generate taxes and plenty of money and employments from valet parking to managers ( like the other condos on Brickell that produce money in taxes that the government eats like there’s no tomorrow ) that may help those people housing

Anonymous
Anonymous

Yes, all this new tax money from development is why Miami has it’s world class pubic transportation system, outstanding public schools, and terrific services for residents! Get real, the development in Miami is nothing less than a resource grab for a few moguls returning nothing in the form of increased public services.

Anonymous
Anonymous

Don’t blame my comment or the tax payer, blame everybody that voted all the time for politicians that do nothing !

Anonymous
Anonymous

“The biggest argument against Demicracy is a 5 minute conversation with an average voter.” Paraphrased from Winston Churchill

Anonymous
Anonymous

Wow. “Nothing less than a resource grab”
I’ll bet you think that sounds like an intelligent response.
It isn’t.
Take a moment to calculate the ad valorem taxes paid on the building in 2017.
Then take add up the taxes paid every year at the Bristol Tower, or Villa Regina, etc.

Learn that about 40% of property taxes go to local schools.
Lean that properties in the boundaries of the DDA contribute to the neighborhood through TIF program.

Just get educated.

Anonymous
Anonymous

What local schools??? For the money we pay in taxes I don’t see too many schools in the area, the streets are a shame, hardly a trash container to put trash and the street scape sucks, where is my 10,000$ a year taxes for my 2/2 Brickell key condo?
And the other condos around that pay similar taxes

On the pocket of the politicians, I asume !!!

Anonymous
Anonymous

Bad assumption Brickell Key guy.
Get educated.
Rather than whine, look at the budgets…its public info.

Anonymous
Anonymous

Yes.. this is sad.

Anonymous
Anonymous

we need to kick out people to build space for people to leave empty.

Anonymous
Anonymous

Your comments may have been true back in 2010 but this is simply not true anymore. Even foreign buyers who purchase condos in Brickell as investments rent them out. In fact the demand for rentals is so high that Panorama (a rental building) is almost completely full. This particular lot of land will be developed into units to be sold and/or rented in no time. The old folks home had a good run now it is time to pack it up and move.

Anonymous
Anonymous

We need Rent Control in Mismi, like NYC. These FST CATS won’t be able to be served bcs the blue collar workers will be pushed out to the Redlands and beyond. Balanceos of the essence. Sure waterfront is what the wealthy pursue when buying here but… it won’t work.. who will wipe your butt clean??

Anonymous
Anonymous

I’m working at panorama and only about 12 residents so far

Anonymous
Anonymous

In some alternate universe Panorama is almost full. LMAO

Poo Poo
Poo Poo

You can’t be serious about Panorama being full.

Anonymous
Anonymous

Panorama is not anywhere near full. Yes, people live here, but no, Panorama is not full one week after opening.

Anonymous
Anonymous

In no way shape or form should low income housing be on water front property, it is to valuable to be housing people who do not pay market rate. Move them to west brickell if they want to remain in the area.

Andrewn2
Andrewn2

That’s very capitalistic if you. Heaven forbid anyone other than the rich live in buildings on the waterfront.

Anonymous
Anonymous

What is the definition of rich?

Anonymous
Anonymous

If you want to pay for some old fart to have a nice view be my guest. But my tax dollars can be used some where else to improve every ones lives.

Anonymous
Anonymous

That old fart will be you one day if your lucky enough. Hopefully after living a long life of paying plenty of taxes you are kicked out of your home and relocated to where a new generations tax dollars deem it necessary for you to move to.

Anonymous
Anonymous

The people who live there are not paying market rate.
They pay market rat minus X.
Where does the X come from to make up the difference?
The X amount of money are taxes collected (under the penalty of jail if not paid) by other people.
Is it FAIR for someone else to pay part of the waterfront rent for someone else involuntarily?
I say no.
This is a happy story of residences who have used a bad system for decades to have a Brickell address that they did not fully pay for.
Congratulations to them.

Gene
Gene

Election Day is approaching – you should run for office.

Anonymous
Anonymous

Why not move them to East Little Havana? Lots of land there where they can build low income buildings.

Anonymous
Anonymous

I guess some people will now start understanding what the term “gentrification” mean.

mondocondo
mondocondo

Wow, de Melo bought this prime property from the MDC teacher’s union pension fund for $14MM in 2014. Cheers.

Anonymous
Anonymous

Wow even though it was appraised at $36M and there were other offers made…$20M cash. Smells funny.

Anonymous
Anonymous

Out with the old and in with the new… literally!

Anonymous
Anonymous

please keep the same entrance the trees are beautiful

Anonymous
Anonymous

The owners need to return the deposits that these elderly individuals had to provide in order to move in. My Mother being one of them. If they were going above and beyond to help the residents they would be returning the deposits. The elderly are being taken advantage of, once again. Lucky for my mother she has an advocate to fight for her. The local news outlets will be notified of this shortly.

Anonymous
Anonymous

Even in Miami’s darkest days, what kind of idiot built housing for poor old people on prime real estate? It’s not like this area really experienced any decline either, always being a stable, high-income stretch.

Anonymous
Anonymous

this was built in the 60s you idiot

Anonymous
Anonymous

This building was built by the teachers union so retired teachers could have an affordable place to live.

Anonymous
Anonymous

Not much was going on when this was built. Zoning restrictions meant this was one of a few areas where you could build vertical.

Anonymous
Anonymous

Is he an idiot?

Their family got 40 years of stable income, plus the land has appreciated how much during this time?

Genius, I would say.

mondocondo
mondocondo

Plus a tax advantaged HUD loan, and minimal equity investment, which is the reason for the 50 year restriction on the use of the property. Cheers

Poor Old Person (TBD)
Poor Old Person (TBD)

LMAO “Poor Old People”…. Wait until you become Old. Going to send you to Doral, so you could stare at the dump all day 😉

Anonymous
Anonymous

When I become old, I hope to have a decent amount of money saved from working to live on and pass as inheritance. Of course, the welfare state Ponzi scheme by socialist and war criminal FDR known as “social security” might inhibit it me to spend my money as I please.

Anonymous
Anonymous

Your biggest fear should be the people your age who don’t think with their brains, but rather “think” with their feelings, emotions, and hearts.
Those people are dangerous.
They will destroy the country based on what they “feel” is the right thing to do.

Anonymous
Anonymous

They already did, AKA millennials and their boomer parents whose idea of a perfect world is from a John Lennon song.

Anonymous
Anonymous

Hahahahahaha
I agree with you. Being sent to Doral is like being sent to Siberia. I mean, imagine views of the Palmetto or views of the Turnpike or the Dolphin Mall. To me, Doral is a glorified Hialeah!!!!

Anonymous
Anonymous

“Even in Miami’s darkest days, what kind of idiot built housing for poor old people on prime real estate?”

This place wasn’t built for “poor old people” when it was constructed. Like one of the commenters above posted “the building was built in 1966.” If you do the math, that’s 52yrs ago. Down through the years, as more new structures began to rise along the waterfront in Brickell, it was the Department of Housing and Urban Development who placed restrictions on this building and said it had to be used as affordable housing which I, unlike you, give them kudos for looking out for the least of us.

One day you might get to experience what it’s like being old. Just pray you don’t get to experience it in the demeaning way you put it “Old and Poor!”

Anonymous
Anonymous

Well said Indeed. If there’s two certain things in life it’s that we’ll all grow old and we’ll all die someday….And if there are two Truthful comments on this thread they are that a)you are dead on with your comment, and b)that the poor “Anonymous” user who posted that original “what kind of idiot” comment is not only completely clueless about Miami real estate but is also shamefully completely IGNORANT about life itself.

Anonymous
Anonymous

How is it clueless? Why would you use HUD assistance for a bay front property when you can maximize value at market rate? Whatever, socialist rat…

aceraroja
aceraroja

Fucking gangsters run this country at every level, and uniquely to the US, common people furiously cheer because they were chosen to be tossed a few extra scraps and made to believe one day they’ll be a zillionaire.

Anonymous
Anonymous

Working and middle class is better any day and any time in this capitalism gangster society that any citizen in any proletarian paradise !

George Washington
George Washington

Capitalism which has lifted BILLIONS out of poverty.
The United States is the most charitable nation in the world.
****ing Communist.

Anonymous
Anonymous

You are really Red ( Rojo) with this comment…. I guess you’re showing your tru color red!

Anonymous
Anonymous

Venezuela , Cuba and Nicaragua are calling …. they want this commentator back!!(:-)

Anonymous
Anonymous

lmao uniquely to the U.S ? Man commie why should the county subsidize seniors living on the bay ? The landlord is working with HUD to relocate. Go move to Venezuela.