Russell Galbut
Mondrian South Beach Undergoing $20 Million Property-Wide Transformation
September 14, 2020
MIAMI BEACH, Fla., Sept. 14, 2020 - Mondrian South Beach, the waterfront oasis on Miami Beach's Biscayne Bay, announces a $20 multi-million dollar property-wide transformation. First opened in 2008, the bayside retreat is again setting out to redefine trends with a new modern tropical look, feel, and experience. Located on West Avenue with direct marina access, the 220-room property is now accepting reservations starting November 16, 2020. The renovation is being led by hotel partners Russell Galbut of Crescent Heights and Chairman of Norwegian Cruise Line and Michael S. Liebowitz CEO and Founder of Harbor Group Consulting. "Since partn...
Crescent Heights Sells 50% of Mondrian South Beach to Investor Michael S. Liebowitz
Mondrian Hotel South Beach | December 13, 2019
Crescent Heights, the real estate development company behind some of the nation’s most notable residential and mixed-use properties, office buildings and hotels, announced today that it has sold 50 percent of the Mondrian South Beach hotel to investor Michael S. Liebowitz for an undisclosed amount. Russell Galbut, Managing Principal of Crescent Heights, will retain 50 percent ownership of the Mondrian South Beach, and Menin Hospitality will continue to manage and operate the property. The sale will see Galbut and Liebowitz as managing members of the hotel and introduce new opportunities for the property in 2020. Together, Galbut and Lieb...
