Russell Galbut scraps three Live Local Act projects in Miami Beach amid state law opposition
Developer Russell Galbut pulled the plug on three controversial Live Local Act projects in Miami Beach, a city that’s experiencing an onslaught of development under state laws that preempt local power. Although Galbut’s decision to scrap his three projects, which would have added nearly 400 residential units to South Beach, came after fierce opposition, he said his decision isn’t a surrender. “This decision reflects my commitment to collaboration, not my retreat from the need for more housing,” Galbut wrote in a Monday email to City Manager Eric Carpenter as well as vocal Live Local Act critics Miami Beach Commissioner Alex […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
