News & Media

Forge Owner lists residence

Forge owner lists residence, renovates restaurant
By JOAN FLEISCHMAN
joanfleischman@yahoo.com

Shareef Malnik, who last month announced a shutdown of his venerable restaurant The Forge -- perfect time for a major renovation, he explains -- is trying to sell his South Beach residence. He's asking $10.9 million.

The four-bedroom house, at 222 Ocean Dr., has a rooftop pool, fancy four-oven kitchen -- and a three-car garage with AC and a granite floor on which he parks his black '08 Ferrari.

He bought the property in '95 for a cool $1 million.

Malnik, 51, wants to move into a condo-hotel.

''Turnkey, concierge, beach club, services,'' he says, adding that he looked at The Setai on Collins Avenue.

He says he travels frequently -- he is set to open a Forge in Dubai, and is exploring Las Vegas and New York.

``I'm in an expansion mode. I'm itching to go other places now. I think living in a place where everything is taken care of for me -- where I can just leave, lock the door and not have to worry about it -- is going to be more conducive to my lifestyle.''

Malnik plans to plunk $3 million to $5 million into a redo of the 40-year-old Miami Beach restaurant and reopen between October and December.

``It's very important for me to be open for the season, for such great revenue-producing events as New Year's Eve and Super Bowl. Super Bowl week is worth an additional half a million to me.''

Coldwell Banker's Jill Eber and Jill Hertzberg have the listing, with lots of photos at thejills.com.

(P.S. The Australian finches that lived in an aviary in The Forge's ladies' room have a new home -- with Boris Ibacache, 41, a longtime Forge waiter and bird lover, Malnik says.)

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