Michael Brauser

As DeVito South Beach investor Michael Brauser of Boca Raton, Fla., told the Palm Beach Post recently: "He likes to have fun, which is what happens in a restaurant.
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Renovations are estimated to cost $3 million to $4 million, including outdoor cabanas, an outdoor communal dining table, a street-side private ele¬vator to a second-floor dining space, and what investor Brauser calls a spot that will "cater to VIPs and high-end clientele."

As DeVito South Beach investor Michael Brauser of Boca Raton, Fla., told the Palm Beach Post recently: "He likes to have fun, which is what happens in a restaurant.

Actor Danny DeVito, restaurant developer Dave Manero and investment banker Michael Brauser recently ended a two-year hunt by paying $1.2 million, or $133 per square foot, for the former 9,000-square-foot Joia nightclub on Ocean Drive in South Beach.