(L to R) Abbey Kaplan, Kluger, Kaplan, Silverman, Katzen & Levine shareholder; Michael Bild and Richard Sarafan, Genovese Joblove & Battista. Courtesy photos
A bitter seven-year legal battle between the family that co-developed Miami Beach's Z Ocean Hotel and an investor who arrived after the project was finished and in financial straits ended in favor of the investor.
South Beach Resort Development LLC completed the 80-unit Z Ocean hotel-condominium at 14th Street and Collins Avenue in 2006. Units are individually owned but subject to short-term stays by owners who rent them in a building designated for transient rather than residential use. Owners can rent units on their own or through the onsite Crowne Plaza South Beach.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
