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September 2, 2010
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Celebrity couple buys condo at Icon Brickell

September 23, 2009 By: Eric Kalis

Marc Anthony and Jennifer Lopez

inger and Miami Dolphins part-owner Marc Anthony says that he and his wife, singer and actress Jennifer Lopez, have purchased a condominium at Miami development Icon Brickell.

Anthony, a Grammy Award winning singer and songwriter, told People Magazine during the Miami Dolphins game on Monday night that the couple bought a condo at the three-tower complex earlier that day. Anthony and Lopez bought an undisclosed stake in the football team in July.

“I bought a condo today in Miami,” Anthony said. “When we are through decorating the condo, it will be the sexiest place in town.”

Anthony’s comments appeared Tuesday on the magazine’s Web site.

Anthony may have signed a contract with Icon developer Related Group, but no transaction involving Anthony or Lopez has been recorded yet in Miami-Dade County property records.

Icon Brickell sales director Hank Berg declined to confirm whether Anthony and Lopez bought a condo at the 1,650-residence complex at 495 Brickell Ave.

“As far as I know it is a rumor,” Berg said.

Berg referred questions about the possible condo sale to Related Group vice president Kenneth Smuts, who did not immediately return calls seeking comment.

Anthony told People that he spent a weekend with his children at Viceroy Miami, the hotel component of Icon Brickell, after an April concert in Hollywood.

He took a tour of the project with Related Group chief executive Jorge Perez at the time. Anthony said the couple has no plans to sell their homes in New York and Los Angeles.

Stephen Ross, chief executive of New York-based Related Cos. (which owns a minority stake in Miami’s Related Group), owns 95 percent of the Dolphins. Anthony’s choice of Icon is logical considering his ties to Ross and the Dolphins, said broker Nelson Gonzalez of Esslinger Wooten Maxwell.

“It is just too much of a coincidence,” Gonzalez said. “Ross probably put Anthony and Perez together to have it be a marketing tool.”

Icon has been hurt by the two-year decline in the condo market, said Gonzalez, who estimated that only about 30 buyers have closed on condos at massive Icon project.

“This is probably the shot in the arm the project needed,” Gonzalez said. “It’s an incredible project. There’s no reason Marc Anthony would not want to live there.”

Related has been looking for a buyer for the hotel component of the project since the beginning of the year, Related chief financial officer Matt Allen told the Daily Business Review in June.

Related has a $176.5 million construction loan from LaSalle Bank that is to mature in November, according to Miami-Dade County records.

Designed by architect Philippe Starck, who is a shareholder in the development, Icon was completed in December 2008. Prices for condos range from $500,000 to $2 million, according to the Icon Web site.

Eric Kalis can be reached at (305) 347-6651.

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