Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a major office lease that will preserve the firm’s position as one of the major tenants at the 1450 Brickell office tower. The Firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core.
Florida-based law firm Solomon, Cooperman & Recondo, LLP is pleased to announce the elevation of Adam J. Weiss to named partner of the Firm, officially changing its name to Solomon, Cooperman, Recondo & Weiss, LLP. The Firm is also pleased to welcome Lucilo Ramos as Of Counsel to the Firm, as well as Bryan Granda and Jeremy Zisholtz as Associate attorneys.
WeWork’s trouble’s due to COVID-19 continue as the landlord of their 350 Lincoln Road location has sued the co-working giant in Miami-Dade Circuit Court. SML 350 Lincoln Inc., an entity controlled by Shaul Levy and Meir Levy, alleges that WeWork breached their lease by failure to pay rent in April, May and June.
COVID-19 continues to shake the commercial real estate industry, especially when it comes to retail. The Dallas-based Neiman Marcus Group has announced that they will be will be closing their Worth Avenue location in Palm Beach amid the luxury retailer’s Chapter 11 Bankruptcy Protection Proceedings.
WeWork’s landlord at 429 Lenox Avenue, Goddard Investment Group, has moved to evict WeWork from their South of Fifth location at 429 Lenox Avenue in South Beach. The 43,500 SF building is fully leased by WeWork who skipped out on rent payments for April, May and June.
A group of WeWork’s members have moved toward suing the co-working giant in a letter sent by Walden Macht & Haran demanding that WeWork cease collecting rental fees. Many tenants have already requested rent relief, cancellation of their leases or stopped paying, which has put over $5.5 billion of CMBS loans backed by WeWork occupied properties at risk,
Plenary Group, a Melbourne, Australian real estate development firm who was awarded the contract to build the new Miami-Dade Civil Courthouse in Downtown Miami, has submitted plans to the FAA for review. The proposal calls for a 435’ tower rising 23-stories and the developer plans to break ground by this May, 2020.
Drama is heating up as lawsuits are clouding the luxury development Apeiron at the Jockey Club five years after it was announced. Lawsuits filed with the Miami-Dade Circuit Court are alleging a loan-to-own scheme at the proposed, ultra-modern 120-unit condo project.
American Da Tang and Shanjie Li have filed a new lawsuit over breach of contract at the site of the formerly-proposed CCCC Towers in Brickell. The joint venture was under contract to manage the development in exchange for a 5% equity stake in the project.
The drama has now wrapped up in a high-profile legal drama between real estate broker big-wigs Kevin Tomlinson of ONE Sotheby's International Realty vs. The Jills of Coldwell Banker, led by Jill Eber and Jill Hertzberg.
Not everyone can always be happy, no sooner then Miami had made strides on the world stage to host the Formula 1 Miami Grand Prix in the streets of Downtown Miami, had a group of 11 residents moved against the city. Some Downtown Miami residents have teamed up and sought legal council combatting the city.
A judge has ruled to allow the Florida Department of Transportation (FDOT) to proceed with the winning design for Downtown Miami's proposed $802 million Signature Bridge. The winning design is known as "The Fountain" designed by Archer Western and The de Moya Group.
The bill, signed by Gov. Rick Scott last month, has spurred questions from beach residents and businesses alike; some fear access to Florida’s coastline will be cut off immediately. State ownership of Florida beaches extends from the mean high tide mark (wet sand) seaward to navigable waters, and private ownership extends from the mean high tide mark upland.
Despite the ups, downs and legal battles that Airbnb has faced since launching in 2007, hosts in Florida have seen a surge in supplemental income, up 75% year-over-year in 2017. Florida hosts earned a combined $450 million in 2017 and hosts in Miami-Dade brought in $134 million.
Tensions are rising in the Park West neighborhood as Heart Nightclub has sued the City of Miami and its residents over conspiring to shut down the entertainment district. For years residents at some of Downtown Miami's most luxurious buildings including Marquis, Ten Museum Park, and 900 Biscayne have complained about noise from the 24-7 nightclubs
The Biscayne Shores Community Council voted unanimously on November 8th to approve the Apeiron at the Jockey Club, hotel and residential development at the existing 13-acre Jockey Club common grounds. The Jockey Club is located at 11111 Biscayne Boulevard near North Miami.
Special Counsel Mueller's investigation may not have turned up any evidence of collusion between the Trump Campaign and Russia, but it did lead to the indictment by a federal grand Jury of Paul Manafort and business associate Rick Gates on October 27, 2017 on 12 counts of alleged financial crimes.
The drama continues to heat up over the design and construction of Downtown Miami's proposed and approved, $800 million Signature Bridge, which would transform I-395. A Miami-Dade judge denied a motion by FDOT to dismiss a lawsuit filed by former Miami City Commissioner Marc Sarnoff, who challenged the state's controversial choice of the $800 million "The Fountain"
While some of the world's finest condos are going up all over Miami, each raising the bar over the previous tower, some of Miami's biggest rental developers are beginning to become at odds with each other in Brickell. Florida East Coast Realty has filed a court action to reverse the approval of the NYSE-listed Aimco's approved 61-story Yacht Club at Brickell.
The legal drama at Privé at Island Estates as Circuit Court Judge William Thomas has ruled that the sidewalk, built through homeowners’ properties, is illegal. Thomas ruled that the sidewalk, which was built as a "utility easement," is illegal and is trespass.
Miami-Dade Circuit Court Judge Rodolfo Ruiz has dismissed a lawsuit against Miami-Dade County, challenging the future use of Overtown land sold to Beckham and partners on the basis of its acquisition.