Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project

A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell Galbut of Miami-based Crescent Heights and Mendy Chudaitov of Lefferts, with offices in Miami and New York, plans a 15-story apartment building with 29 units and some office space at 1826 Collins Avenue. The project will include 12 apartments at workforce rents in compliance with Florida’s Live Local Act’s mandate that at least 40 percent of units are at below-market rates.  Although a major perk of the state law for developers is that they can […]This article originally appeared on The Real Deal. Click here to read the full story.