Moishe Mana Explains Why He Is Bullish On Miami: ‘There Is Something Special Happening’

Miami property owner Moishe Mana unleashed a viral thread on Twitter yesterday in which he explained why he has invested so much money here, and why he is bullish on the city’s future.

Mana said that after 10 years in Miami, his dream of the city becoming a tech hub is now becoming a reality. A flood of tech companies and investors have announced plans to relocate here from Silicon Valley in the past year.

According to Mana, he has invested over a billion dollars in Miami real estate.

In the past, people had laughed at him and called him names when he spoke of building a tech hub here, he said.

Mana said he helped transform Wynwood into a cultural hub, and has plans to rebuild the Flagler Street area of downtown Miami.

Mana also promised that he isn’t flipping buildings to hedge funds or pushing out poor people.

As of this morning, the thread had garnered thousands of likes and retweets.

Mana appears to be about to unveil a new website called Manna Common. The site isn’t yet open to the public, but cached versions show that Mana has plans to build micro-residential units, extended stay hotels, shared offices, an Asia trade hub, a Wynwood container park, and a tech hub, among others.

 

Mana’s planned Wynwood Container Park:

Tech and trade hub:

 

 

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Anonymous
7 months ago

“Mana said he helped transform Wynwood into a cultural hub”

He did?

I must’ve been asleep when that happened.

Anonymous
7 months ago

Come on! One time, ten years ago, he painted that big warehouse and pressure washed a few words on the roof

Azarius
7 months ago

Which held a lot of great events that boosted the area economy….

Anonymous
7 months ago

Anyone could of bought that warehouse near wynwood market place and hosted events there.

Anonymous
7 months ago

Tony Goldman was the man who truly turned around Wynwood. Mana rode his coattails like the little sniveling rat he is. He’s had special use permits to build up to 24 stories on his land in Wynwood for quite some time for his “Asia trade hub” and not one shovel has ever hit the earth anywhere on his holdings. Luckily there’s actual developers in Wynwood who are building up but they are mostly on the northern end pretty far away from his increasingly eyesore of a warehouse no one uses.

Anonymous
7 months ago

Anyone can say I told you so-that I wanted to build a tech hub and now here it is. Exactly where it is, god only knows, but apparently Mana is now trying to take credit for something that is only a projection, not yet a reality. If major tech companies actually moved here, he would insist on being recognized as royalty, as having been responsible for “invigorating” Miami. I say he is a grandiose fake, the worst thing that has happened to Miami.

Anonymous
7 months ago

The man has single-handedly destroyed the CBD. His properties are disgusting cesspools that hes sat on for almost two decades. GET HIM OUT OF MIAMI

Anonymous
7 months ago

He has literally destroyed downtown. His buildings are falling into disrepair and it has prevented real investment in the CBD

Anonymous
7 months ago

Time for code enforcement to chase after this guy. Chase him out of town. Who cares.

Anyone on Google – you should know – MANA IS A SLUMLORD.

Anonymous
7 months ago

I’m convinced this article was posted just to generate more clicks and Mana hatred on here lol

Anonymous
7 months ago

He deserved every ounce of hatred he gets it for what hes done to destroy Miamis CBD

Azarius
7 months ago

I agree good traffic and comments!

Anonymous
7 months ago

This is literally the only place left on the entire internet where you don’t have to register to post comments.

Anonymous
7 months ago

🙂 ROTFL

Anonymous
7 months ago

Like most people, I have been frustrated by the buy and hold approach Mana has employed while downtown continues to deteriorate, but I hope that he is being honest and isnt just in it to flip for profit because Miami truly has immense potential and is ready to blow. Mana please dont just do it for the money, Miami really needs you to execute and transform the core from the disgusting cesspool it has become.

Anonymous
7 months ago

At this point who cares if he flips them as long as something is built. Something is better than nothing.

Azarius
7 months ago

More of do it right the first time or don’t do it at all… that’s just for me 🤷🏽‍♂️

Anonymous
7 months ago

You’re absolutely right, I guess make all the money you want as long as the buyer adds value aka anything!

Anonymous
7 months ago

I would be happy if he just flipped them to Melo at this point.

Ugly?
7 months ago

Not Melo. Melo properties are so ugly.

Anonymous
6 months ago

I got a bridge for you buddy, let’s talk.

Anonymous
7 months ago

“They’re trashing me on TNM?!?? Time for some renderings! That’ll show them!”

Anonymous
6 months ago

We’ve seen rendering for years and that recent article on some innovation hub is a job. He needs to quit while he’s behind.

Mana Will Never Build Anything
7 months ago

Oh wow another Mana rendering while his properties decay away. This time he’s super serious!

Anonymous
7 months ago

I think the bright future is simply waiting for everyone else to develop the spaces around him – and then he’ll sell to the highest bidder. That must have been his plan all along. We can’t expect anything different from a man that has done nothing in 10 years (while every other developer has been moving forward).

Anonymous
7 months ago

Ten years? He’s been buying properties since well before the Great Recession.

Azarius
7 months ago

He’s not going to sell his going to rename it after himself sending a big fu to the haters

Anonymous
6 months ago

He’s said plenty of times that he doesn’t plan to sell. He’s not building anything great either just telling everyone he meets like my colleague he doesn’t know that he’s bringing industrial looks to Downtown. That’s not what the city or it’s residents want

Anonymous
7 months ago

He hated trump and republicans not but Ian was Miami’s and miami dade’s republican mayors and the president that allowed miami on become what’s it is becoming today. And he’s he hasn’t done shit to make it a cultural/tech or whatever hub. Heavy an opportunist and shit talker. Your legacy is cemented, Mana. You can’t rewrite history.

Anonymous
7 months ago

Excuse my typos lol commenting on an iPhone sucks

Anonymous
7 months ago

Oh, please, stop drinking the Kool-aid.

Anonymous
7 months ago

Republican politics didn’t make Miami. Latinos in general made Miami what it is. Miami’s potential has actually been hindered by our Republican mayors. 50 years and no mass public transportation…

Anonymous
6 months ago

Wrong… it was Henry Flagler who in general made Miami what it is.

Anonymous
7 months ago

Why do they call him a developer? what has he built

Anonymous
6 months ago

He’s not. A former employee last year said he doesn’t understand even the basic principles of development and has under qualified people handling things while overcharging. He’s micromanaging the entire process

Anonymous
7 months ago

**** him

Alpina
7 months ago

Sorry but it doesn’t change anything…hasn’t seen anything built yet, and i don’t think that tech companies resent interest to move to Miami are in anyway related to Mana or his plans

Mana Will Never Build Anything
7 months ago

No tech company has a clue who he is

Anonymous
7 months ago

True but if this man had just built what he had promised in wynwood years ago maybe more tech companies would be moving here.

Anonymous
7 months ago

Hey everyone since we’re all talking about Mana doing nothing, I thought I’d bring up a Miami new times article last week stating the 777 mall in downtown that he owns announced its shutting down and kicking out the artists since its “cost prohibitive” to conduct repairs on the building.

I truly feel sorry for anyone who thinks he’s anything other than con artist at this point

Anonymous
7 months ago

This “man’s” legacy will go down in history as the biggest self inflated greedy con man.

Anonymous
7 months ago

Can you explain WTF is going on dude???

Anonymous
7 months ago

Dude, stop playing, sell your properties like you plan on doing.

Anonymous
7 months ago

I’ll believe it when I see it…

Anonymous
7 months ago

Plans, plans, plans. He will be planning for another 10 years minimum. Meanwhile, Flagler Street continues to suffer. While the rest of the city of Miami booms. Shame on him.

EJS
7 months ago

Moishe, just flip your properties already. Melo and others could transform downtown into a 24hr live/work center on the properties you currently hold in the time it takes you to sneeze.

Common sense
7 months ago

If the MELOs owned Mana’s properties there would be 10,000+ residential units in the CBD plus at least 250,000 sq. Ft. of commercial spaces, and 90% of it would be leased already.
Anybody that follows Miami real estate trends can’t argue with that.
Mana is a fake, It’s not difficult to figure out.

Anonymous
7 months ago

An effing pyramid made out of shipping containers. Yep… Total GAME-CHAGER that will make Mana’s Chinese masters bow to the affirmed world’s only superpower.

Anonymous
6 months ago

That plan and this image was scrapped years ago already. Not happening

Anonymous
7 months ago

Actually if his little rendering of his properties on Flagler is correct, then the biggest takeaway may be that it looks like he’s sold quite a few of his holdings already. Some very large pieces are missing from that rendering. It could mean he’s already sold them or they were foreclosed on

Anonymous
7 months ago

Does Miami need a bunch of shipping containers stacked on on top the other as a development of some sort?

Anonymous
7 months ago

Sorry, that should be “one on top the other”.

Anonymous
7 months ago

He isnt going to even build that. The fact he cant even do upkeep on his current properties says enough. Maybe one day he will paint a wall on one of his buildings.

His name is mud down here and hes been exposed as a fraud. He doesnt pay contractors, is a horrible landlord, and no developer will touch him with a ten foot pole. He lost the parking authority bid because of how low he is thought of and thankfully we now have a 400 foot apartment building that will bring residents and some retail into the downtown core while his urine infested buildings next door remain abandoned.

The question I find myself asking is he should have enough capital accrued so he can build something otherwise, how he is financing the purchase? Half his buildings are vacant and he clearly spends nothing on upkeep. Hes notorious for stiffing contractors and forcing them to collect via lawsuit.

So if he has the money to afford all this, why not just do something/anything to make the properties better or partner with a firm who can actually develop it and make tons of money that way? Its financially stupid to let an entire area fall apart and depress the value of your buildings. Even throwing up shipping containers would improve the area but he wont even do that.

The answer I keep coming back to is that something really fishy is going on with him, so much so that NO ONE wants to deal with him and he cant actually do anything even to do basic upkeep. Im sure this question will be answered long before we ever see a shipping container park or whatever other thing he could make in a rendering in a day

Alpina
7 months ago

He has Flagler St hostage and he knows it. He will never do anything in downtown and he is just waiting to sell when the time and price is right.
Just take a second to see the renderings of all his projects, they are warehouses, industrial looking, container buildings. They are clearly buildings for temporary use, because he will clearly sell all of them one by one.

Anonymous
7 months ago

TNM Can you find out what’s the latest with the Flagler renovation? Seems as if the City and major stake holders that have contributed funds for this makeover are silent about its status. It’s almost another Superbowl!!

Anonymous
6 months ago

Glorified land speculator, not a developer.

Anonymous
7 months ago

Gonna need a bigger building to house that ego!

Anonymous
7 months ago

New construction buildings in miami are much better that these in NY. I hope to continue like this. Miami has a reach tradition in architecture and design. If Nana want to contribute in the city, must build a architecture and design university in wynwood.

POLO
7 months ago

?

Anonymous
7 months ago

Mana.. whatsaMana with you?

Anonymous
7 months ago

Too bad the people are horrendous

Anonymous
7 months ago

The tech and trade hub and container park look super nice but it’s always a question as to whether Mana will build it eventually.

David
7 months ago

Time for code enforcement to kick this frick out of town. He is just blah blah