Billionaire Russell Weiner zeroes in on alleged construction defects at $100M+ waterfront estate in latest lawsuit against project manager
Russell Weiner, the billionaire founder of Rockstar Energy Drink, is alleging the project manager and general contractor of his $100 million-plus estate in Miami Beach completed defective work that lacked the proper approvals and permits. Weiner’s Pine Tree Development filed a new lawsuit this summer against Andrea D’Alessio and his Inspirata Management Company, Deere Construction/Deere Industries and Baco Engineering Contractor, focusing on alleged site-wide issues he discovered at 5011 and 5111 Pine Tree Drive in Miami Beach. The complaint adds to the billionaire’s saga over the waterfront assemblage, where he plans the “most incredible estate in Miami,” Weiner previously told […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The Florida Association of Mortgage Professionals pushes for condo guideline changes

As Social Security turns 90, what will its future hold?

MBA opposes GSE merger, supports explicit government guarantee

Tech Pulse: AI Summit delves deep on housing industry impacts

Meta Development scores $28M loan to build Coconut Grove condos

LeadingRE adds Rejig.ai to preferred vendor program

Redfin: Multifamily housing permits fall from pandemic highs

Hurricane season arrives amid homeowners insurance hikes

Warren Buffett’s Berkshire Hathaway invests nearly $800M in homebuilding giant Lennar

Lenders urged to build AI compliance foundations sooner rather than later
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131