Bespoke Real Estate brokerage expands in South Florida

first_imgFull Name* Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Cody and Zach Vichinsky with 119 Washington Avenue. (TCRE, Bespoke Real Estate) Luxury brokerage Bespoke Real Estate is expanding in South Florida with a new office in Miami Beach.The company, one of the top firms in the Hamptons, inked a lease for space at 119 Washington Avenue, as it plans to capitalize on the migration of ultra high-net worth individuals into South Florida, said Cody Vichinsky, co-founder and president of Bespoke, in an interview with The Real Deal.The firm is also ramping up in Miami with two exclusive listings, for nearly $50 million and $45 million, at Echo Brickell, a luxury condo tower developed by Property Markets Group.Bespoke’s new office on Washington Avenue is at the Yukon, which hit the market last year for $45 million. For Bespoke’s five-year lease, Cyril Bijaoui of The Company Real Estate represented the landlord, Yantra 119 LLC, which is led by Giulio Rangoni and Cinzia Zanella. Stefano Santoro of Current Real Estate Advisors represented Bespoke. Brandon Charnas and Oded Nachmani of Current were involved on the tenant’s side.The brokerage is paying $90 per square foot, blended, for a 2,300-square-foot space, Santoro said. That includes 1,700 square feet indoors and 600 square feet of outdoor space.Vichinsky said Bespoke’s marketing entity had been active in South Florida for several years, but that the company “made a hard shift over the past year” to expand in the Miami area. Vichinsky and his brother Zach co-founded Bespoke in 2014 and focus only on $10 million and up properties. The company has been collecting data on wealth migration to South Florida for years, Cody Vichinsky said.“We just felt that it was the right time for us to be able to enter the market in a meaningful way,” he added.The firm is active in Connecticut, Manhattan, the Gold Coast and the Caribbean. Bespoke differs from other brokerages in that it does not have independent agents, said Vichinsky, comparing it to an investment bank. Bespoke’s nearly 50 employees work under a salaried model.Ultra wealthy executives and celebrities have increasingly been buying luxury homes in Miami Beach, Indian Creek, Palm Beach and other high-end enclaves of South Florida, especially throughout the pandemic.Single-family home sales in Miami Beach and the barrier islands, including Bal Harbour, Bay Harbor Islands, Fisher Island, Golden Beach, Indian Creek, Key Biscayne, North Bay Village, Sunny Isles Beach and Surfside, surged in the fourth quarter by a whopping 195 percent, according to Douglas Elliman.Executives are also moving their companies or opening outposts in the region, propelled by the work from home movement and favorable tax environment.Last year, investment management firm J. Goldman & Co. signed a lease expansion at the Yukon for $92 per square foot, reportedly a record for South Florida.Contact Katherine Kallergis Message* Share via Shortlink TagsBespoke Real EstatebrokeragesMiami Beachlast_img read more

Student startup offers original music, personalized songs as gifts

first_imgSophomore Ralph Moran has a mission: to draw people away from typical cookie-cutter gifts. For him, music has the power to be the ultimate gift.Moran’s company, “Streetlight Creations,” is a custom music platform that connects customers with artists for the purposes of creating personal songs “to address the desire for meaningful gifts among the general populous.”“Music is one of the realms of communication that is inherently human and inherently personal, except it’s still out of bounds with people who do not have a musical talent,” Moran said. Moran, along with his co-founder and fellow sophomore Nicholas Lampson, said he started Streetlight Creations to help make the gift of music a more universal option and not an idea simply restricted to those that could produce it. “The process is pretty simple,” he said. “So you come onto the website and you create a song, and then you’re taken to a forum on the website where you’re asked a series of questions. Our most typical songs are going to be romantic, I would imagine. We encourage you to give all the details you can, like little details where you met that person … so that we can pass on all that information then to the artist that best fits what you’re looking for.”Moran said that currently, all of the platform’s artists are students on campus, several of whom are already fairly successful and have numerous followers on Spotify. Student artists include senior Alexis Donn Daugherty, who sings acoustic pop, and junior Joey Warner, who specializes in EDM.“We hope to eventually recruit artists from all over the country, both hobbyists and people who are trying to break the industry, to give them a means to hone their craft while also receiving some sort of pay for doing so,” Moran said.Streetlight Creations was founded in November of 2017, Moran said. The company already has customers and recently launched its Valentine’s Day special, which includes a song and a lyric presentation for $75.“We had a sale for a guy from Texas; he was getting married and he wanted a song to commemorate the day,” Moran said. “We also had a sale for the birthday of two twins.”Moran said Streetlight Creations has provided the opportunity to bring some artists out of the woodwork who would otherwise be “closeted artists.”“Streetlight Creations is really about the artist as much as it is about the  customer. Our whole value proposition is we want to be a platform where artists can grow,” he said. “Artists that join Streetlight and write for us we’re going to … enable them to create a portfolio and we’re going to help them produce music so that they can get things out there if they’re looking to take their music career further.”Moran and Lampson are no strangers to the music world. Lampson is a cellist and Moran is a member of both the Glee Club and the Undertones and plays the guitar and piano in his spare time.“We both have that passion for music, but at the end of the day we’re business-minded as well, so Streetlight Creations is the perfect opportunity for us to combine the things we love and share it with other people,” Moran said.Moran, a computer science major and collaborative innovation minor, said he enjoys the thrill of being a part of a student startup. He said Streetlight Creations provides him the opportunity to marry two interests that on the surface seem like a rare combination: coding and music.“Inherently, I don’t think that I’m a stereotypical computer science major. From the very beginning, I’ve always been very creative, so what really gives me a thrill isn’t just writing code, but it’s the idea of creating something new,” he said. “That’s why I love computer science, because I can make things out of nothing. But business is a way I can do that too and also work with people that have complementary skills with mine.”Tags: Computer science, Music, start-up, Streetlight Creations, student artistslast_img read more

Yankees, Luis Severino agree to new 4-year deal

first_imgLuis Severino has become the centerpiece of the Yankees’ rotation before reaching his 25th birthday, and New York moved Friday to get some cost certainty with the young starter. Severino has agreed to a four-year deal worth at least $40 million that also includes a club option for a fifth year, multiple outlets reported. The New York Post was first with news of the deal.  Breakdown of Luis Severino’s deal, per source:2019: $4M+$2M bonus2020: $10M2021: $10.25M2022: $11M2023 (club option): $15M with $2.75M buyoutInteresting part of that: higher salaries in ’20 and ’21, lower than usual in ’22. Why? Protection against a work stoppage.— Jeff Passan (@JeffPassan) February 15, 2019Severino, who turns 25 next Wednesday, was arbitration-eligible for the first time as a “Super 2” player, so the four guaranteed years in his new deal will cover all of his arbitration seasons, while the option would cover his first potential year as a free agent. An All-Star the last two seasons, he also has finished in the top 10 of AL Cy Young voting each of the last two years, outperforming veteran teammates like CC Sabathi, Masahiro Tanaka and Sonny Gray along the way.  Related News Severino’s deal is similar to the one the Phillies made with 25-year-old starter Aaron Nola earlier this week — four years plus a team option for a fifth, with $45 million guaranteed.center_img Yankees most improved team in AL, poll sayslast_img read more