The news:

• Miami, Miami Beach among the worst real estate markets in the US [New Times]
• Revised plan to redevelop strip club site has stripped down commercial [TRD]
• What does it take for a bookstore to survive in Miami? [The New Tropic]
• Lucky’s will open third South Florida grocery store in Oakland Park [The Real Deal]
• Couple plans to build a giant Palm Beach home next to Howard Stern’s [TRD]
• Why are there so many New York restaurants in Miami? [CNN Travel]
• Midtown 6 site in Miami sells for $28 million [The Real Deal]
• Seasonal rentals in Palm Beach include Dr. Oz’s historic Louwana estate [PBDN]
• Wet ‘n’ Wild water park coming to Fort Lauderdale [South Florida Business Journal]
• Regalia Miami penthouse asks $39M, comes with big pink diamond [Curbed Miami]