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Real Estate FL

Miami Beach condo owner sues Mast Capital affiliate, adding to legal mess at Amethyst

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Years into a litigious and drawn out buyout of the Amethyst in Miami Beach, one owner is trying another approach through his lawsuit against the developer and condo association.  Robert Pelier, an attorney who owns two units at the oceanfront building at 5313 Collins Avenue, filed a lawsuit last week that focuses on the threshold for termination, a legal process that’s required before a developer knocks down a building and redevelops the property.  A number of owners at the 120-unit building have been in limbo for at least five years. The building, constructed in 1964, is zoned RM-3, which allows […]

This article originally appeared on The Real Deal. Click here to read the full story.

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