Miami Beach curfew aims to shut down spring break partying


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A curfew imposed after fights, gunfire, property destruction and dangerous stampedes in Miami Beach could extend to the end of spring break.

Miami Beach commissioners voted unanimously on Sunday to give the city manager power to extend the curfew in the South Beach entertainment district until at least April 12.

That would effectively shut down a spring break hot spot in one of the few states fully open during the pandemic.

Law enforcement from at least four agencies sought to contain the raucous crowds, but confrontations continued for days before Miami Beach officials enacted the curfew, which forces Ocean Drive restaurants to stop outdoor seating entirely.

City manager Raul Aguila said many people from other states were coming in “to engage in lawlessness and an ‘anything goes’ party attitude".

Mr Aguila said most were not patronising the businesses that badly need tourism dollars and were instead merely congregating by the thousands in the street.

Miami Beach Police said more than 1,000 people have been arrested this spring break, with about 80 guns seized.

Police Chief Richard Clements said the trouble intensified on Monday, when an unusually large crowd blocked Ocean Drive “and basically had an impromptu street party".

By Thursday, fights were breaking out, setting off dangerous stampedes of people fleeing for safety.

The partying was out of control by Friday night, Mr Clements said.

One restaurant was “turned upside-down” in a melee, its “chairs were used as weapons", and broken glass covered the floor.

The Clevelander South Beach bar next door had to suspend all service.

Gunshots were fired and a young woman was taken to hospital with a badly cut leg, police said.

“How many more things are we going to allow to occur before we step in?” Mr Clements asked during Sunday’s meeting.

He defended the city’s curfew, which also closes three causeways leading to South Beach to try to keep all but residents and employees from driving on to the island from 8pm to 6am, Thursday to Sunday.

“I think this was the right decision,” Mr Clements said.

The crowd was defiant but mostly non-violent on Saturday night, refusing to submit to the curfew that had been enacted only four hours earlier, when officers in bulletproof vests released pepper spray balls to break up the party.

A crowd showed up again on Sunday night, defying the curfew.

The situation ignited racial tension. Some white residents referred to the crowd of predominantly black tourists as “thugs” on social media.

"We have to realise that we are definitely fighting an undertone of racism," Deanne Connolly Graham, a member of Miami Beach's Black Affairs Advisory Committee, told The Miami Herald.

But Miami Beach Mayor Dan Gelber rejected the claim that anyone was targeted for their race.

“When hundreds of people are running through the streets panicked, you realise that’s not something that a police force can control,” Mr Gelber said during the commission meeting Sunday.

Very few people in the crowds were were wearing masks, which is required by a Miami Beach bylaw imposed in the hopes of containing the spread of the coronavirus, which has killed more than 33,000 people in Florida so far.

Republican Governor Ron DeSantis insisted that Florida have no statewide mask rules, limits on capacity or other public health restrictions.

Mr DeSantis credits the lack of measures for keeping the tourism economy going.

“If you look at South Florida right now, this place is booming,” he said last month. “Los Angeles isn’t booming. New York City isn’t booming.”

Miami’s tourism arm has spent $5 million on its biggest national advertising campaign in 20 years, seeking a rebound after billions of dollars were lost in the pandemic, cancelling last year’s spring break and forcing beach closures across the state.

Miami Beach, meanwhile, banned alcohol from the beach, along with all alcohol sales after 10pm, even sending text messages to tourists warning, “Vacation responsibly or be arrested".

Several commissioners said South Beach needed a new marketing campaign to change its party-city image.

They spoke of the handful of arrests in Fort Lauderdale, which raised its hotel rates and promoted a “family friendly” spring break.

None of it sits well with people who were hoping to finally let loose in the pandemic.

“I just feel like it’s really not fair,” tourist Heather Price told NBC 6.

“People paid a lot of money to come all the way out here, just to not be able to do the activities they wanted to.”

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Rating: 2/5

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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Power: 261hp at 5,500rpm

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Previous men's records
  • 2:01:39: Eliud Kipchoge (KEN) on 16/9/19 in Berlin
  • 2:02:57: Dennis Kimetto (KEN) on 28/09/2014 in Berlin
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  • 2:04:55: Paul Tergat (KEN) on 28/09/2003 in Berlin
  • 2:05:38: Khalid Khannouchi (USA) 14/04/2002 in London
  • 2:05:42: Khalid Khannouchi (USA) 24/10/1999 in Chicago
  • 2:06:05: Ronaldo da Costa (BRA) 20/09/1998 in Berlin
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Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

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The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000