Moishe Mana Buys Another Downtown Miami Property, & Is Working On Buying Three More

Another downtown Miami property has been sold to Moishe Mana, according to the Herald.

Mana’s latest acquisition is a 15,478-square-foot surface parking lot at 201 SW First Street. He paid $6.9 million for the property.

The reason for the purchase: it is an assemblage needed for a development that Mana is planning. Mana said that owning the newly acquired property is “the only way to build something.”

Mana also said he is now in negotiations to buy three additional downtown Miami properties, but did not disclose where they are.

The developer is planning to build a downtown Miami project called Mana Common, and has spent $400 million buying property in the area.

 

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Anonymous

Just build something already. This guy is holding downtown hostage..

Anonymous

At this point, these articles about this guy just make me sick. Even if he were to start building tomorrow morning it would not erase the fact that, like you just said, he has been holding downtown hostage for all these years. Had these properties been sold to a real developer like the Melos, Miami would look and feel a lot different right now.

Mr Greedy Mana

He is a GREEDY GREEDY PERSON.. WHEN IS RUINING MIAMI ENOUGH? HE HAS NO KIDS,SO HIS EGO IS CLASSIC FOR A BILLIONARE. WHY DOESNT HE DONATE A BILLION TO ALL THE POOR HE DISPLACED AND IS SINKING THE PLACE,THE ALREADY OVER POPULATED ,TRAFFIC NIGHTMARE HAS RUINED THE MIAMI WE ONCE LOVED !!! WHEN IS ENOUGH ENOUGH FOR 1GUY..

Anonymous

All Caps is unnecessary. We get it.

Anonymous

“the only way to build something.”

Thanks, we needed a laugh today.

Anonymous

There goes another property that will remain inactive for decades.

Anonymous

Doesn’t make sense to build all these properties are the same time and makes more sense to build an couple together. So hes just going to flip all this property.

Anonymous

So says the all-knowing developer/clairvoyant.

Anonymous

Slumlord strikes again!

Anonymous

That’s Darth Slumlord to you!

Anonymous

Stop the madness

Anonymous

Bad news for miami Good news for the homeless, they have another abandoned building where they can live.

Anonymous

There goes another property destined for boarding up and shelter for the homeless

Anonymous

Guess he took a break from choosing the “perfect pavers” for Flagler. What a joke this guy is.

Alpina

i am starting to think that finally ‘something’ is happening

Anonymous

What evidence do you have?

Anonymous

400 million dollars.

Anonymous

That’s called land banking.. flipping property.

Zero development.

Anonymous

Am in downtown nothing that Mana builds will bring in customers parking and traffic is horrible! Homeless everywhere, art galleries will flop, the only business that will bring in the paying customer is the MEGA ROSS STORE they are building in the old MACYS building…at the end of flagler by courthouse….that means tourists will have to walk all the way down down flagler to old MACYS building ……and with what’s happening with CORONAVIRUS and cruise liners I doubt that will be happening anytime soon….

Anonymous

Say what you want about they guy, but if his plans pan out (BIG if), his projects would have a massive impact on downtown and Miami as a whole, and would be better then some developers that just put up a monolith and call it a day.

Anonymous

The superbowl is gone, let’s see how long it takes to start the Flagler street renovation.

Anonymous

We’ll all be dead by then !!!

Realtalk Reilly

He must be using straw buyers to acquire these properties. Everybody knows he’s trying to assemble a big, contiguous block of properties, so the sellers have the upper hand. If I own downtown property and Mana comes knocking, I’m doubling the asking price.

Anonymous

Can someone make a map of all the properties Mana owns now?

Anonymous

The reason for the purchase: “No reason”

M Rader

I think he means well. He’s a good-natured man he’s always been that way and I’m sure he’s thinking about the misfortunate I’m sure this process is well thought out and well I’ll be surprised what happens after the finished products here. All the best to him and his team!!

Anonymous

Look everybody, his mom joined the conversation.

Anonymous

I think he means well . He’s a good natured human being. And he has the resources to do so.. I think it will turn out better than some people may think. He’s self made and I don’t think he’ll forget about the misfortunate.He a nice person. I wish him the best.