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Haiti Resort Project in Limbo

MIAMI-South Florida investors were ready to break ground on Belle Rive before the earthquake.

By Paola Iuspa-Abbott | Updated on January 27, 2010

(This story, in slightly different form, originally appeared in ALM’s Daily Business Review.)

MIAMI-Local attorney Ahpaly Coradin thought he would be focusing on launching a $40-million mixed-use project the next time he visited his homeland of Haiti. Instead, he traveled there to help deliver desperately needed water shortly after a 7.0 magnitude earthquake hammered the Caribbean nation Jan. 12.

“Three days after the earthquake, there were still a lot of bodies in the street, and sometimes they were in piles on the side of the road because there was just simply no place to put them,” Coradin says. It was a grim report he never imagined making when he helped New York City-based Societe Immobiliere d’Agriculture, de Commerce et de Tourisme put together the deal for the hotel and condo project.

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