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Announcement

Kushner 2000 Biscayne

By
Cashflow In Miami
on
November 23, 2021

Kushner 2000 Biscayne

Construction about to start on the new tower on Biscayne

2000 Biscayne Boulevard

Kushner Companies paid $20.5 million for a slice of an assemblage in Miami’s Edgewater neighborhood, more than two years after going into contract on the property.

Investor Enrique Manhard and his partners sold the 0.75-acre piece of a larger assemblage, at 2000 Biscayne Boulevard, to New York-based Kushner, led by Charles Kushner, Nicole Kushner Meyer and Laurent Morali. They purchased it from Verzasca Group.

Kushner plans a nearly 400-unit apartment tower for the site, which will mark the first phase of a 1,100 unit development. The 2000 Biscayne sale price breaks down to $621 per square foot and $48,000 per unit.

Kushner plans to build a total of three towers at 2000 Biscayne Boulevard and 1900 Biscayne Boulevard. Manhard also owns 1900 Biscayne, where units will be built in two towers.

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