801 arthur godfrey rd

suite 600

miami beach, florida 33140


T: 305 695 8700  


Privacy Statement

Privacy Statement

Website Terms of service and privacy policy



Informational Purposes Only: The material on the Terranova Corporation (“Terranova”) website has been prepared and published for informational purposes only. This website may contain links to other resources on the internet, both those of affiliated companies, and of third parties. We take no responsibility for the content, accuracy, or timeliness of those other websites, nor do we endorse any commercial products that may be advertised or available on those websites.

License and Website Access: Terranova grants you a limited license to access and use this website solely for personal noncommercial purposes. You may not download (other than page caching) or modify it, or any portion of it, except with the express prior written consent of Terranova. This license does not include any resale or commercial use of this website or its contents; any collection and use of any property listings, descriptions, or prices; any derivative of this website or its contents; or any use of data mining, robots, or similar data gathering and extraction tools. This website or any portion of this website may not be reproduced, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express prior written consent of Terranova. You may not frame or utilize framing techniques to enclose any trademark, logo, or other propietary information, including, but not limited to, images, text, page layout, or form, or use any meta tags or any other "hidden text" utilizing Terranova's name or trademarks, without the express written consent of Terranova. You are granted a limited, revocable, and nonexclusive right to create a hyperlink to the home page of Terranova, so long as the link does not portray Terranova in a false, misleading, derogatory, or otherwise offensive manner. You may not use the Terranova logo or other proprietary graphics as part of the link without the express written permission of Terranova.

Copyright: All content included on this website, such as text, graphics, logos, button icons, images, audio clips, digital downloads, data compilations, and software is the property of Terranova protected by the United States and international copyright laws. The compilation of all content on this website is the exclusive property of Terranova and protected by U.S. and international copyright laws.

Trademarks: terranovacorp.com and the Terranova name and other Terranova graphics, logos, page headers, button icons, scripts, and service names are trademarks of Terranova . These tradmarks may not be used in connection with any product or service that is not Terranova's, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits Terranova.

Illegal or Abusive Usage is Strictly Prohibited: You may not use this website for any illegal or unauthorized purpose. International users agree to comply with all local law as regarding online conduct and acceptable content. We may block or withhold your access to the website if we have reasonable grounds to suspect any breach by you of these terms and conditions, that we or any user has incurred or may incur any liability in connection with the website, or if your use of the website is otherwise inappropriate. You may be subject to legal action should you be found to have engaged in illegal or abusive usage of our website.

Disclaimer and Indemnity: Terranova disclaims any and all liability for any loss, damage, or other liability whatsoever arising from the use of this website or the terms and conditions in connection with this website and specifically excludes all warranties, conditions and terms, whether express or implied to the fullest extent permitted by law. You agree to indemnify Terranova against any liabilities, claims, and expenses that may arise from your use of the website and any breach of these terms and conditions by you, your employees, or agents.

Modification of Terms and Conditions: Terranova may modify these terms and conditions at any time by post of the new version on the website. You will have agreed to such revised version if you continue using the website after the change or modification is posted. You should check the terms and conditions periodically to ensure that you are aware of and are complying with the current version.

Online Privacy Policy

Terranova respects the privacy rights of our online visitors and recognizes the importance of protecting the information collected from you.

Terranova will not sell, borrow, or share your contact information with any outside parties. All information collected (which will be limited to name, e-mail address, physical address, and phone number) will only be used and accessible to selected Terranova representatives. We respect your privacy and will only use your information to improve customer service, website functionality, and to communicate with you. Communications may include, but are not limited to:

  • Responses to your inquiries
  • To send periodic news and company updates
  • To share research reports created by our internal Marketing department

If you have any questions or concerns regarding any information presented in this policy, please contact us by telephone at 305.695.8700.


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including market trends in the industry, events, future development projects and more.

The grand reopening: As restrictions lift, CRE markets race toward recovery

THE REAL DEAL — JUNE 14, 2021 BY SASHA JONES, LIDIA DINKOVA, AND ISABELLA FARR It wasn’t the pan-roasted halibut that drew a small crowd to Blu Mar on a recent Thursday afternoon.

One after another, guests on the splashy Southampton seafood spot’s outdoor patio removed the face coverings they had been wearing for the better part of a year and tossed them into a fire pit, which was then doused with fuel and set ablaze to the tune of “Disco Inferno” by the Trammps.

The gathering — convened just days after the CDC issued new guidelines that said vaccinated individuals could go maskless — wasn’t a protest so much as a celebration.

“The message was clear: Everyone must get vaccinated,” said Zach Erdem, owner of Blu Mar, which briefly had its liquor license pulled last summer over alleged violations of the state’s mask mandate, among other things.

With more than 138 million Americans fully vaccinated as of early June, Covid restrictions are quickly being lifted across the country.

In New York, indoor and outdoor capacity limits for most businesses, along with mask mandates for vaccinated people, were lifted May 19. California businesses will be free from capacity restraints on June 15. And though much of Florida had been open for business for months, Gov. Ron DeSantis suspended all remaining restrictions with an executive order on May 3, two weeks before the CDC’s updated guidance.

While these orders afford business operators significant leeway over just how stringent or lax they want to be — in some cases, a level of ambiguity that has risen to confusion — retailers, hoteliers, restaurateurs and office landlords are broadly optimistic about a comeback. Still, major obstacles remain, including a dire shortage of service workers, a sobering outlook for tourism and an unpredictable office market.

Mavis Benson said she saw an immediate influx of visitors to her Avalon Gallery in Delray Beach, Florida, after the CDC’s change in guidelines.

“It was almost like someone flipped a switch,” she said.

Classic Hollywood eatery Musso and Frank was shut for more than a year during the pandemic. It reopened for dinner on May 6, when Los Angeles County allowed restaurants to expand indoor capacity to 50 percent.

.Now it’s preparing to go to full capacity on June 15, and it won’t be requiring masks or asking patrons for proof that they’ve been vaccinated.

To mask or not to mask?

Equinox’s mask requirements are emblematic of the shifting circumstances from state to state. In California, masks are required at all times at the luxury fitness chain, while in New York, those who are vaccinated can go maskless. In Florida, anyone can opt to work out without a mask.

It’s one of the many retailers across the country deciding how to best react to the reopening. The verdicts that businesses come to can be consequential, according to Rachel Kolocotronis of the hospitality consulting firm Elliot Group.

It’s one of the many retailers across the country deciding how to best react to the reopening. The verdicts that businesses come to can be consequential, according to Rachel Kolocotronis of the hospitality consulting firm Elliot Group.

“If this restaurant decides that they want to be a little bit more strict with their mask guidelines, they run the risk of being mistreated by the guests,” Kolocotronis said. “If they want to be more lax with their guidelines, they run the risk of guests not feeling comfortable enough to dine there.”

Three South Florida businesses The Real Deal spoke with said employees are required to wear a mask, but not patrons. Even so, most customers are opting to keep masks on.

“I think wearing masks probably is going to be part of our society for a long time in our future,” said Stephen Bittel, chair of Terranova, which owns retail and restaurant property along Miami Beach’s Lincoln Road and Coral Gables’ Miracle Mile. “People are going to do what they need to do to feel comfortable re-engaging in the communities.”


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