Michael Capponi

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Michael Capponi
Capponi new.jpg
Michael Capponi
Born Michael Jean Francois Capponi
(1972-04-05) April 5, 1972 (age 46)
Residence Miami
Occupation Businessman
Known for Philanthropy, Nightlife, Real Estate Development
Website luna.group.com

Michael Jean Francois Capponi (born April 5, 1972) is an American businessman.[1][2][3] He is best known for helping to develop Miami Beach's nightlife[4] and his humanitarian work, especially in Haiti.[5]

Personal life[edit]

Early life[edit]

Capponi was born in Belgium; he moved to Miami with his parents when he was six,[6] and grew up on Key Biscayne. His parents divorced.[6] He has said that by age 13 he was doing LSD in Crandon Park with the local Key Rats.[6] He raced BMX bikes, and appeared in ads for Coca-Cola and Twix.[6] He began working as a promoter for nightclubs when he was 15, organizing events and posting flyers, and while still in high school made $10,000 per month.[6]

Adult life[edit]

By the 1990s he had developed an $800-per-day heroin habit.[7] By 1995, he was homeless in New York City.[6] At his father's suggestion, Capponi entered a methadone program in Belgium; he fell into a coma soon after starting, and had to undergo surgery to remove a benign brain tumour. He then went through a detox program in Canada, before returning to Miami Beach.[6]

On March 20, 2015, he was at the helm of his 25-foot Chris-Craft Corsair motorboat when he fainted, he reported;[8][9] The boat slammed head-on into a seawall.[8][10] The accident seriously injured Capponi and a female passenger.[8][10][9] Capponi suffered a broken nose, broken ribs, and a broken collarbone; his passenger suffered serious head injuries, was in a coma for three weeks, and lost much of her short-term memory.[10][9] The final report of the Florida Fish and Wildlife Conservation Commission on the accident stated that "neither victim was cited and that no alcohol or drugs were found in the couple's systems, aside from the medication given to them at the hospital.[11] Capponi's insurer claimed that he had failed to advise them of being convicted on a DUI charge in 2003 and hence had benefited from a lower premium. The insurer's case that they were not liable for damages was dismissed.[8]

Career[edit]

Nightlife and entertainment[edit]

Capponi's 31st birthday at Nygard Cay, Bahamas

In the 1980s, he promoted roving parties at a different location in South Beach every weekend, to escape the focus of police and regulatory authorities.[12] Capponi contributed to the revitalization of South Beach, which began in the late 1980s.[13]

His contributions to South Beach's development continued into the 1990s. The 12 September 1993 edition of the Miami Herald called him "the SoBe Prince" of nightlife.[14] Also in 1993 the Miami New Times called him "a promoter with a higher calling, a nightlife star"[15] In the 1990s he was close friends with Chris Paciello, a former Cosa Nostra associate and South Beach nightclub owner, with whom he owned music production company C&P Music.[16] He credits Paciello with getting him off heroin by sending him to a detox center.[16]

Since then, he has been the force behind nights at venues such as Warsaw, BED, Mansion, SET, LIV and Story.[17] [18] In 2004, the Miami New Times named Capponi Miami's Best Nightlife Promoter.[17]

Capponi has held events for various charities. In 2012, Donna Karan hosted Capponi's 40th birthday benefit at Capitale for the Haitian city of Jacmel.[19]

In 2014, Capponi, along with software engineer Gideon Kimbrell, co-founded InList, an app for nightlife and special event reservations.[20]

Development and construction[edit]

Capponi Group – Ten Museum Park, Miami

In 2004, Capponi co-created Ten Museum Park, a 50-story, 200-unit building in downtown, with developer Gregg Covin and architect Chad Oppeheim.[21][22] It sold 95 percent of its units nine days after going on the market.[23] The following year he formed Capponi Properties[24] Capponi is responsible for multiple major home renovations including Market America founder JR and Loren Ridinger's Casa de Suenos.[25] In 2008 the Developers and Builders Alliance honored Capponi with the Renovation Firm of the Year Award.[26] In 2011 he sold a Sunset Island #4 home for $5.175 million, the highest price point on the island at the time.[27]

In 2013, Capponi was a finalist for the Miami Beach Chamber of Commerce's Better Beach Awards for the preservation and revitalization of Terra Veritatis, the 16-bedroom estate, which spans 2.5 acres (1.0 ha) of Miami Beach real estate.[28] The Wall Street Journal called the $40 million project as "the most expensive renovation in the Miami area."[29] Capponi and Gary Shear formed another company in 2013, Capponi Shear Construction, a general contracting firm.[30]

In 2014, Capponi joined the development team with Moses Bensusan of Costa Hollywood, an urban beachfront development, by architect Hamed Rodriguez.[31] The 500,000-square-foot resort consists of 307 fully furnished apartments.[32]

In 2016, Capponi Properties broke another record for developing and selling the most expensive waterfront renovation project on Flamingo Drive in Miami Beach.[33]

Work in Haiti[edit]

After the January 12, 2010 Haiti earthquake, Capponi organized a plane with a relief team consisting of Miami Beach firefighters and doctors.[34]

In December 2010, Capponi started a project to revitalize Jacmel, a historical town in Haiti.[35][36] This initiative was to help stimulate a self-sustained tourism economy for Haiti.[37]

In 2011, he founded the Haiti Empowerment Mission, a 501(c)3 non-profit organization. In 2016, the foundation changed its name to Global Empowerment Mission.[38]

On October 5, 2016, the day after Hurricane Matthew hit Haiti, Capponi and the Global Empowerment Mission team were on the ground delivering aid and supplies.[39]

Activism[edit]

Humanitarian initiatives[edit]

Capponi at his tent city in Belvil, Pétion-Ville, Haiti – March 2010

When Hurricane Charley hit Florida in August 2004, Capponi teamed up with the American Red Cross and organized relief efforts for the victims. He worked with local nightlife venues to raise money and provide support.[citation needed] The partnership continued in December 2004, with a fundraiser for the Thailand tsunami victims.[40]

In 2006, Capponi teamed up with Miami Rescue Mission to fortify and expand its annual Great Thanksgiving Day Banquet, which feeds over 2,500 homeless people in Miami. In 2012, Capponi announced the construction of a 78-bed men's shelter for Miami Rescue Mission.[41]

Notable properties[edit]

  • Terra Veritatis: $32 million renovation of M.C. Dean CEO William Dean's Miami Beach "Party Pad" at 4949 Pine Tree Drive[42]
  • Akoya Penthouse: Miami Beach's Highest Luxury penthouse[43]
  • Miami Executive Aviation: Renovation of Miami Executive Aviation[44]
  • Casa de Suenos: Renovation of North Bay Road Mega Mansion[45]
  • 2901 Flamingo Drive: The most expensive waterfront renovation project on Flamingo Drive in Miami Beach[33]

References[edit]

  1. ^ Kolker, Robert; Brown, Ethan. "Unmade man". NY Mag. 
  2. ^ La Ferla, Ruth (February 13, 2009). "Miami Beach feels the heat". The New York Times. 
  3. ^ Gavin, Lera (May 23, 2013). "Thomas Kramer's South Beach Story Ends With $200 Million Court Judgment". 
  4. ^ Schaaf, Bryan (29 May 2011). "Envisioning a new Jacmel". 
  5. ^ Munzenrieder, Kyle (25 October 2010). "South Beach King Charged with DUI". Miami New Times. 
  6. ^ a b c d e f g David Adams (June 12, 2011). "Tale of a Key Rat: The Michael Capponi story". Miami Herald. 
  7. ^ Ianelli, Jerry (November 15, 2016). "Michael Capponi Is Haiti's Guardian Angel". Miami New Times. Retrieved August 3, 2017. 
  8. ^ a b c d "Michael Capponi, insurance company settle lawsuit over boat crash" | Miami Herald
  9. ^ a b c "Nightclub promoter Michael Capponi in serious boating accident with his girlfriend" | Miami Herald
  10. ^ a b c "20 months after Miami Beach boat crash, Michael Capponi longs for lost love" | Miami Herald
  11. ^ "Miami Beach nightlife mogul passed out before boat crash, report says". Local10 ABC News. 
  12. ^ How Real Estate Developers Think: Design, Profits, and Community - Peter Hendee Brown - Google Books
  13. ^ Buchanan, John. "320 Arrives". South Beach Magazine. South Beach Magazine. 
  14. ^ Gaines, Steven (2009). Fool's Paradise. New York: Crown Publishers. p. 228. ISBN 978-0-307-34627-8. 
  15. ^ Tom Austin (1993-03-10). "Lessons of a Lounge Lizard - Page 1 - News - Miami". Miami New Times. Retrieved 26 March 2014. 
  16. ^ a b A Mob Story - Michele R. McPhee - Google Books
  17. ^ a b "Best Promoter Miami 2004 - Michael Capponi". Miami New Times. 2005-05-04. Retrieved 26 March 2014. 
  18. ^ Adams, David. "Tale of a Key Rat: The Michael Capponi story - Haitian Link". MiamiHerald.com. Retrieved 26 March 2014. 
  19. ^ "A Birthday Benefit for Haiti". Wall Street Journal. 
  20. ^ "The godfather of Miami nightlife goes global with VIP app". New York Post. 
  21. ^ "Best Career Move Miami 2004 - Michael Capponi". Miami New Times. 13 May 2004. 
  22. ^ Majestic Properties. "Ten Museum Park". web page. Ten Museum Park. 
  23. ^ "BEST CAREER MOVE Miami 2004". Miami New Times. 
  24. ^ "Capponi Group Luxury Properties Breaks Record with Sale of Sunset Island Spec Home". Business Wire. 2006-10-23. Retrieved 26 March 2014. 
  25. ^ "Haute 100". Haute Living. 
  26. ^ "Community Advancement Awards" (PDF). program. Developers and Builders Alliance. Retrieved 2008.  Check date values in: |accessdate= (help)
  27. ^ "Developer Michael Capponi and Capponi Construction Group Break Record Sale on... - MIAMI BEACH, Fla., Nov. 3, 2011 /PRNewswire/". Prnewswire.com. 2011-11-03. Retrieved 26 March 2014. 
  28. ^ "Bill Dean Unveils 'Terra Veritatis' Estate; New Property Most Expensive Miami Beach Revitalization In History - Revamp™". Revamp.com. 2013-03-04. Retrieved 26 March 2014. 
  29. ^ Campo, Arian (2013-02-28). "The $40 Million Party Pad - WSJ.com". Online.wsj.com. Retrieved 26 March 2014. 
  30. ^ Powers, Jacquelynn D. (2014-03-10). "JDP in Miami: Michael Capponi Teams Up With Gary Shear For Capponi Shear Construction". Jdpinmiami.blogspot.com. Retrieved 26 March 2014. 
  31. ^ "Costa Hollywood Condo Resort | Jamie Foxx | Soho Beach House". Therealdeal.com. 2014-01-03. Retrieved 26 March 2014. 
  32. ^ "Michael Capponi Joins Costa Hollywood Condo Resort Development Team - Hollywood Beach, Fla., Dec. 27, 2013 /PRNewswire/". Prnewswire.com. Retrieved 26 March 2014. 
  33. ^ a b "Spec home on Miami Beach's Flamingo Drive sells: $6.2M". The Real Deal. 
  34. ^ "Project Medishare at Michael Capponi's". Plumtv.com. Retrieved February 12, 2010. 
  35. ^ Fagenson, Zachary. "Haiti's President huddles privately with developers in Miami". article. Miami Today. Archived from the original on October 4, 2011. Retrieved June 30, 2011. 
  36. ^ Adams, David. "The Pied Piper of Jacmel". Magazine. Poder. Archived from the original on September 9, 2012. Retrieved June 9, 2011. 
  37. ^ "The Pied Piper of Jacmel". Poder Magazine. Poder. Archived from the original on September 9, 2012. Retrieved June 9, 2011. 
  38. ^ Global Empowerment Mission
  39. ^ "Haiti's Post Hurricane Relief Effort Underway". Univision. 
  40. ^ Almeida-Shore, Mary Jo. "Michael Capponi: A man of action". Miami Socialholic. Miami Socialholic. Retrieved February 19, 2010. 
  41. ^ "Haute 100 Miami Update: Michael Capponi Announces Partnership with Miami Rescue Mission". Hauteliving.com. 2012-11-12. Retrieved 26 March 2014. 
  42. ^ Campo, Arian (2013-02-28). "The $40 Million Party Pad - WSJ.com". Online.wsj.com. Retrieved 26 March 2014. 
  43. ^ "6365 Collins Av #Ts-01, Miami Beach, Florida 33141 :: MLS #M1350864 :: Listed By ONE Sotheby's International Realty". Akoyapenthouse.com. Archived from the original on 6 April 2014. Retrieved 26 March 2014. 
  44. ^ "Michael Capponi, the King of Miami Nightlife, Hosted 1940s Birthday Extravaganza". Business Wire. 2008-04-18. Retrieved 26 March 2014. 
  45. ^ Name:Michael Capponi. "Michael Capponi - Haute 100". Hauteliving.com. Retrieved 26 March 2014.