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The Miami

$1M rent, $100 steaks: Inside Coconut Grove’s booming restaurant scene

$1M rent, $100 steaks: Inside Coconut Grove’s booming restaurant scene
Photo: The Real Deal · view original

Coconut Grove’s evolution into one of Miami’s hottest dining scenes came at a cost, as soaring rents have threatened or shut down restaurants that helped transform the neighborhood into a dinner destination. The area once seen as a bohemian enclave had average direct asking retail rents of more than

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