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He’s also a well known high society figure and philanthropist, sponsoring non-profit events at his Star Island (Miami Beach) mansion. Kramer’s entry to the Miami real-estate marketplace met with mixed views. He bought substantial parts of South Pointe, the southern crown of South Beach, for $45 million in the early 90s. There have been many uncertainties about his expertise as well as capability to entice investors. His first discussions with all the municipal government of Miami Beach were well known and contentious. The deal enabled him to combine his holdings in a property swap. In addition, it cleared zoning to permit the erection of the tallest buildings south of Manhattan. It’s now a popular living destination for the rich. There really are several outspoken critics of the developments. Yet, even critics concede the development has altered the place in a pedestrian friendly, low crime neighborhood. The development region contains stores and pedestrian friendly layouts. Progressive Architecture reported the layout guidelines negotiated together with the city contained, “pavements lined with stores, condominium front entrances at pavement level, view corridors between buildings, and a 50-foot bay walk for public access”.