Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Mi...
Since 1978, Bilzin Sumberg attorneys have played an instrumental role in the acquisition, ownership and ultimate redevelopment of the flagship Fontainebleau Hotel, handling acquisition, real estate development, historic preservation, hotel management, and land use and zoning issues. Bilzin Sumberg obtained the initial zoning approval for a massive redevelopment in 1997 which was completed with the hotel's grand re-opening in late 2008. Representation included the development of a 460-suite condo tower and a 550-room hotel tower, and the complete renovation and restoration of the original hotel, which was designed by renowned architect Morris Lapidus. The renovated project has over 1,800 rooms, 8 restaurants and 150,000 square feet of meeting space. The team handled over 25 public hearings before the City of Miami Beach which resulted in numerous approvals permitting the restoration and expansion of the existing hotel building.
Representation of 900 Collins Avenue in its efforts to build a multimillion-dollar development on a property with a protected historic building. We successfully obtained a writ of mandamus requiring the City of Miami Beach to issue a permit allowing the demolition of the historic structure, which th...
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...