WGM: Raleigh Resets, Delano Goes Global, Another Private Club, & the Best Restaurants

The Magic City keeps reinventing itself—one hotel, club, and restaurant at a time.

On My Mind: In Miami, perception is reality.

This city has built incredible momentum based on how things look, feel, and move, on the story you tell. From Miami Design District to Little River to Miami Beach to sales centers and padel courts that feel modern country clubs, value here isn’t just created; it’s perceived into existence. Great ideas in Miami don’t just sell products, they shift culture, neighborhoods, and energy. And when that perception hits the right frequency, it becomes truth.

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Beach Business

• Another Raleigh Reset: $270 Million Sale & Shvo is No More

  Shvo sells sites under duress for 270m to Nahla Capital

• Seia. A Michelin-Starred Private Club, and I Don’t Care.

  OKO Group and The Bastion Collection partner on Michelin Starred Rooftop Italian

• Delano Goes Global, and It Might Work This Time.

  Ropening in Miami Beach in 2026, Delano is plotting new outposts in NY & London

Hospitality: Local Insider

• Hospitality Local Insider: Miami’s Best Restaurants Fall 2025

  Miami’s food culture is evolving, world-class, and beginning to be deeply local.

Real Estate: Luxe Listings We Love

• Taste Lives Here, A North Bay Road Icon Reimagined

  On North Bay Road, money is common, taste is not.

BEACH BUSINESS

Another Raleigh Reset: $270 Million Sale & Shvo is No More

As we first reported here on What’s Good Miami, one of the city’s most talked-about deals just closed: the iconic Raleigh Hotel and its neighboring oceanfront development site have officially traded hands for $270 million. The buyer, New York–based Nahla Capital, now holds one of the most extraordinary three-acre parcels on Collins Avenue—a site once envisioned by Michael Shvo as a gleaming 17-story condo tower paired with a fully restored Raleigh. Shvo had the right eye and the right ambition, but not the operational horsepower to pull it off. Still, the potential of this property is undeniable—it could easily rival the Aman as one of the most important ultra-luxury developments on the beach.

The question now: what will they do with it? This sale represents a full reset for Miami Beach real estate—a clean slate for a bold new vision of oceanfront living. Nahla steps in with capital, timing, and opportunity on its side. And while the city doesn’t exactly need to be “made great again” (it’s doing just fine), it wouldn’t hurt to see Ian Schrager or André Balazs take one more swing at Miami magic. The canvas is there. The question is who’s brave—and brilliant—enough to paint it.

Seia. A Michelin-Starred Private Club, and I Don’t Care.

Brickell’s newest crown jewel, Seia, is checking all the boxes: perched atop 830 Brickell, designed by OKO Group and The Bastion Collection, dripping in marble, and priced for the 1%. It’s got the Michelin pedigree, the same team behind L’Atelier de Joël Robuchon and Le Jardinier, and promises to merge nature, luxury, and “refined Italian cuisine” with a 180-degree view of Biscayne Bay. It’s beautiful. It’s expensive. It’s exclusive.

And yet… I don’t care.

This does not sound fun. Maybe it’s Michelin fatigue. Maybe it’s Miami’s endless parade of velvet ropes and “private clubs” masquerading as culture. Maybe it’s because food should be fun. TAO pulled out, OKO partnered up, and now we’ve got another expensive shrine to nothing. But does Miami really want a Michelin starred members-only mountaintop? I don’t think thats where its at.

Delano Goes Global, and It Might Work This Time.