Millions Obtained for Developers in Inverse Condemnation Suit

Developers of Coral Bay
Representation of Developers of Coral Bay in the prosecution and settlement of an inverse condemnation claim resulting in a $7.15 million settlement. The matter involved eighteen single-family home lots in the Biscayne Bay Aquatic Preserve.
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Howard E. Nelson
Partner, Head of Environmental Practice
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Experience
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 Miami...
Experience
Representation of real estate investors in limited partnership derivative suits. Investors sought millions of dollars in damages, based on the diminution of the value of their investment and lost opportunities.
Experience
Counsel to a national hotel group in obtaining the approvals necessary for assignment of its lease with the City of Miami to a joint venture entity including both the hotel group and another major developer, which will in turn seek to redevelop the leased target site into a $1 billion state-of-the-a...
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