The Real Deal: JMH Development must turn over remaining interest in 300 Collins: judge

The Real Deal features Kluger Kaplan’s recent win on behalf of PSB Collins LLC.  

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A judge has ordered Jason Halpern’s JMH Development to turn over its remaining interest in Three Hundred Collins to its silent partner, amid ongoing litigation.

The five-story, 19-unit boutique condo at 300 Collins Avenue in Miami Beach’s South of Fifth neighborhood was completed this summer, and has just one unsold unit remaining: Penthouse 2 priced at $5.3 million. JMH must turn over that unit and any cash in the bank to its partner PSB Collins LLC, led by Dhruv Piplani, according to an order signed by Miami-Dade Circuit Judge William Thomas.

Piplani’s attorney Marko Cerenko said Piplani’s entity is also entitled to the cash proceeds of the $1.6 million sale of unit 3-A, which was purchased just before the lawsuit went to trial last week. The value of the total owed to Piplani’s entity is estimated at $6 million to $7 million, said Cerenko, a partner at Miami-based Kluger, Kaplan, Silverman, Katzen & Levine…

Continue reading in The Real Deal. 

Grove Isle developers settle lawsuit after six years

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After six years, the developers of Grove Isle have agreed to settle a lawsuit brought by its condo owners.

By Ina Cordle

The Real Deal’s Ina Cordle recently spoke with Abbey Kaplan about his recent settlement in a case that lasted 6 years.  In 2009, Coconut Grove’s Grove Isle condo association sued the development company and related entities over annual club dues, and alleged that unit owners were unfairly assessed for common area maintenance, including to maintain the bridge between the Grove Isle Hotel & Spa and residential areas, as well as security and other upkeep for facilities.

According to the developers’ attorney, Abbey Kaplan, founding member of Kluger, Kaplan, Silverman, Katzen & Levine, the facilities had knowingly been used by the public since the early 1990’s. He said that the lawsuit was an attempt by the association to modify a 30-year-old Declaration of Condominium so that the residents would be relieved from paying 100 percent of the maintenance and upkeep of the developer’s property. He told The Real Deal that the suit was seeking more than $5 million.

Kaplan argued that the owners agreed to terms of the condo declaration when they bought their units and were aware of the commitments when they moved in. The attorneys also argued the association’s allegations were “time barred” and therefore they could not change the terms years later.

“My clients were flabbergasted that they had to be stuck in this litigation for six years, at great expense to everybody,” Kaplan told TRD.

To read more please check out the full article at www.therealdeal.com