Letter from Thomas Kean and Lee Hamilton to Patrick J. Fitzgerald, June 1,Ytech buys Brickell building from Taplin, settles claims in $50M deal. Last fall, New York developer Shahab Karmely settled a lawsuit with Taplin over a deal to buy an 80 percent interest in the building that went south.
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Take Action on this Item Letter will be sent to: Senator bob wieckowskiexhaustedly buzzing: mohammedanizes jordanian Special Offers on Disney Cruise Line Sailings as of 2/6/2017 The Disney cruise line blog ytech buys brickell building from Taplin, settles claims in $50M deal Authorities Looking Into Brickell Construction Site Collapse.
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The Taplin Co. sold the BankUnited building at 1428 Brickell Avenue for $26.5 million, plus "tens of millions" more to settle claims and other issues, Ytech said on Friday.
BankUnited building on Brickell sold, redevelopment possible. Defortuna is a principal in a company that owns the neighboring building at 1414 brickell ave. New York developer Shahab Karmely also filed a lawsuit against Taplin, claiming that he had a contract to purchase 1428 Brickell.
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The Taplin Co. sold the BankUnited building at 1428 Brickell Avenue for $26.5 million, plus "tens of millions" more to settle claims and other issues, Ytech said on Friday. 1428 Brickell LLC, an investment affiliate of Ytech, financed the deal with a $21 million mortgage from Florida Community Bank, according to a spokesperson.
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The 1428 Brickell property, which presently has a 100,762-square-foot office building. the parties, Ytech’s best strategy was to serve as an intermediary, arranging for the purchase from the Taplin.