Developer Defends $120 Million High-Rise Development Plan
Real Estate Developer
Assisted in defending the approval of the Prive project, a $120 million luxury high-rise development plan contested by certain local residents, including with respect to the plat approval and historic vested rights on the property. Served as land use counsel for developer in litigation brought by neighbors and neighboring homeowners’ associations, where the developer ultimately was awarded in excess of $23 million in damages in a counterclaim.
Related Practices
MORE EXPERIENCE
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
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...
Representation of the Official Committee of Unsecured Creditors in the chapter 11 case of Poinciana Development, a developer of more than 500 single family homes in Southwest Miami-Dade County, Florida, who ran out of construction financing and was unable complete the development of the last 34 home...