Prospective buyers of five Sunny Isles Beach condominium units lost their claim that the developer inflated unit sizes but won their demand to back out of the deals.
Pilac Management Ltd., Marcio Silveira Kogut and Francisco Alimari Netto each were in line to buy a Parque Towers unit, while Rebecca Christina Vallias and Hugo Kawasaki were going to buy a unit together, as were Josh Kurzban and Michelle Kurzban. Collectively they put over $3 million in deposits.
They separately sued developer J. Milton & Associates affiliate Parque Towers Developers LLC—and won their argument that Parque was finished late.
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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.
