Current media coverage and upcoming developments hand-picked from the industry.

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Stephen Bittel Announces Incredible Lineup for Holiday Shopping Trips Near Miami

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THE POINT NEWS — DECEMBER 16, 2020 — It’s that time of year again—the time where everyone is looking to purchase gifts for the people they love. It can be a challenging time, especially for those who have just about everything or don’t ask for a lot. Small shops provide an advantage to find unique gifts, while also supporting the local families in a more direct way.

This holiday season, you should consider supporting as many local shops as you can swing for your Christmas gifting list.

During the most wonderful time of the year, there is a lot to be said for local shopping. As Floridians prepare for the holiday season, Terranova’s Founder Stephen Bittel has announced the exciting addition of 18 new shops and restaurants in the Coral Gables and Miami Beach areas between now and 2021. Some have signed extensive leases and others are just popping up for a few months.

These locations bring so much to the community—providing two fabulous places to shop and explore during the holidays.

Throughout Miami, from Coral Gables to Miami Beach, you will find so many incredible things to do. You can certainly spend an entire day shopping to make this holiday bright. Here is a holiday list of some of the best things to do (and eat) along Miracle Mile and Lincoln Road this holiday season.

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Stephen Bittel Entrepreneurship

The Questions to Ask Yourself Before Pursuing Entrepreneurship

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THRIVE GLOBAL — NOVEMBER 17, 2020 — When I was 23 years old, I found myself at a crossroads in my short life. I had grown up assuming that like my father and grandfather before me I would become a lawyer, but when I was in my second year of law school a new opportunity presented itself to me. Never one to take a day off, I had also taken a full-time job at a real estate company, and my boss there suggested that he would be willing to move me from a salaried position to one based on commission, therefore allowing me to make much more money. However, the gears in my head began turning, and I realized that if I were to form my own real estate company I could see even greater returns, and I believed I had the connections to make the business viable. My path had been set before me for as long as I could remember, but this new and exciting opportunity was calling its siren song to me. What was I going to do?

Fast forward 40 years, and my company Terranova Corporation has become one of the top commercial real estate firms in southern Florida. I ended up quitting my real estate job and starting the company out of my newly purchased first home – while also saving for marrying my fiance and completing my law degree. Although it wasn’t always easy, with hurdles to overcome from real estate recessions to changing markets, I am confident that pursuing entrepreneurship was the right path for me. 

I’m not here to say everybody should quit their jobs and become entrepreneurs. It’s not an easy road, and I would say it is an unwise path to start down it if you are risk-averse, if juggling many roles doesn’t suit you, and unless you have a keenness that will help see you through the rough patches. This is not a decision to be made lightly, and below are some of the most important questions I have found need to be asked if you want to not only pursue entrepreneurship, but also succeed in it. 

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Stephen Bittel’s Adaptability in the Face of an Ever Changing Market

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REALTY TODAY — NOVEMBER 17, 2020 — BY ERNEST HAMILTON Success in the real estate market looks different on everyone and requires a combination of skill, risk tolerance, and sometimes sheer luck to achieve. The difference between a good career and a great career in real estate is nearly intangible, but the career of Floridian Real Estate Mogul Stephen Bittel is a good place to start. While reviewing Bittel’s career, it’s difficult to pinpoint exactly where that “it” factor lies. Is it the sheer boldness and confidence in taking on new ventures early in his career? Or his passion for the community he grew up in? Or perhaps it’s his ability to forecast the trends that will shape the future of real estate? As is the case with most successful leaders, it’s not just one quality that differentiates him from competition.

Its often said that what separates good from great leaders is an absolute sense of purpose. With Bittel for example, a sense of purpose is evident. As a Miami native, Bittel’s values are intrinsically aligned with the community’s. He applied this set of values to his education at University of Miami School of law and sought out innovations that he could lead with in his career. One such opportunity arose in the form of being awarded the Watson Fellowship where he embarked on a year of travel to study the motivations behind European Investment in the United States. The private banking model that he witnessed while working with investment advisors and bankers throughout Europe inspired him to replicate the type of one stop personalized service to high net individuals. 

When founding Terranova Corporation in 1980, he made sure to incorporate his personal values in determining the founding principle of the company. In a recent article written by Bittel and published on Thrive Global, he expands on the values that drove him to create his own company. He writes, “By maximizing the value of business through real estate, I was able to establish trust, forge professional relationships, and leverage profit for tenants on a long-term basis. This was the founding principle of Terranova Corporation, and a personal mission statement that propelled my leadership.” 

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