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Michael Swerdlow raised the curtain on his Sawyer's Landing project, his start in real estate and the coronavirus pandemic's impacts on various asset classes.
"The drafters of the City of Miami Charter, and the citizens who voted to approve it, granted the mayor a right to veto any 'land use decision,'" Miami-Dade Circuit Judge Michael Hanzman said. "This expansive, all-inclusive authority was not handed out willy-nilly and without forethought."
Developer Florida East Coast Realty says general contractor Tutor Perini eventually accounted for all the Miami Panorama Tower money—but not before diverting the funds to beef up its own balance sheet to the detriment of shareholders and potential investors.