From left, Glen Waldman, partner at Waldman Burnett in Miami and Alan Kluger, shareholder at Kluger, Kaplan, Silverman, Katzen & Levine in Miami. Courtesy photos
A long-stalled project with affordable housing in Miami's neglected Overtown neighborhood hit new hurdles as the current and previous developers sued and countersued each other.
The fight is over Block 55 at 249 NW Sixth St., which most recently was slated for development by Michael Swerdlow with retail and 556 apartments, including 154 for low-income seniors.
Preeminent African American developer R. Donahue Peebles and entrepreneur Barron Channer sued Swerdlow, claiming he and city officials did a backroom deal that took away Peebles' and Channer's fairly earned development rights.
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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.
