Natiivo Fort Lauderdale site heads to auction after $26M foreclosure judgment
Harvey Hernandez’s Newgard Development Group could lose a downtown Fort Lauderdale site where the firm planned a 40-story mixed-use tower. A court auction is scheduled for March 11 to sell the 1-acre property at 200 West Broward Boulevard to satisfy a $25.7 million foreclosure judgment issued Jan. 30 in favor of New York-based Kushner Companies, led by Laurent Morali and Nicole Kushner Meyer, the South Florida Business Journal reported. Newgard is still working with Kushner on a resolution, Hernandez told The Real Deal. “We’re confident that we’ll get there,” he said. “ We love the property, we love the project, […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Confessions of a content hoarder: What 107 dead pages taught me

UAD 3.6 is coming. Hybrid appraisals are built for it.

After $21M assessment uproar, Brickell association says contractor overbilled, left work undone

Disgraced CIA Agent Must Forfeit $100 Million Worth of Luxury Florida Properties in Stolen Gold Plot

Bank of America: Older Americans have taken on a bigger economic role

Odell Beckham Jr. Joins Vikings After Giants Release—Weeks After Admitting He ‘Never Wanted To Leave’ New York

HUD opens probe into Wells Fargo’s race-based mortgage programs

‘The Sopranos’ Star Steven Van Zandt Tacks Nearly $4 Million Onto Asking Price of Eclectic Greenwich Village Penthouse

Denmark accuses Palm Beach resident of shielding assets in waterfront home

Grim Discovery at North Dakota Governor’s Mansion as 7 Coffins With Human Remains Are Unearthed
GET MORE INFORMATION

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