“Calculated scheme”: Brickell Key condo owners sue Swire over $32M seawall and baywalk assessment
Brickell Key condo owners are accusing developer Swire Properties of scheming to illegally saddle them with the financial burden for seawall replacement on the triangular island off Miami’s Brickell, according to a lawsuit. Five residential condo associations sued Miami-based Swire over its $32.3 million assessment, including to repair and re-build the island’s seawall and for repairs to the baywalk, alleging that they shouldn’t be on the hook to pay for work on property they neither own nor are financially responsible for because it’s not Brickell Key common property, according to the complaint. Swire, its affiliates and the city of Miami […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Search and exam is still mostly manual in an automated industry. But why?

The Fine Print in Your Home Insurance Policy Could Cost You Thousands. Here Are the Blind Spots To Check

Prestige buys back Dania Beach apartments for $27M

Miami to sue Miami-Dade County over Allapattah CRA

Megawatt moratorium: Palm Beach County OKs year-long data center pause

Fed Official Sounds Warning on Housing as Affordability Hits 21-Year Low

Name your price: David Simkins flips waterfront teardown in Miami’s Morningside for $24M

Why credit unions are missing the boat on reverse mortgage demand

Angelina Jolie Sells Los Angeles Mansion for $24.75 Million—After Revealing Plans To Leave the U.S. for Good

Bryson DeChambeau To Hold $100K Golf Tournament in Backyard of His $10 Million Texas Mansion
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
