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CLIENT NEWS: Celebrity-favorite restaurant from Dubai coming to Miami Beach

December 11, 2024

Gaia, a globally renowned Greek-Mediterranean dining destination from Dubai, is set to debut its first U.S. location in Miami Beach’s South of Fifth community come summer 2025. Conceptualized by British-Nigerian Chef Izu Ani and hospitality entrepreneur Evgeny Kuzin, the restaurant is a flagship of Fundamental Hospitality, with existing locations in Dubai, London, Qatar, Monte-Carlo and Marbella. The upscale eatery, which is named after the Greek goddess of the earth, will open on the ground floor of the Marea Condominium, 801[...]

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CLIENT NEWS: Foundation, Basement Nearly Complete At 64-Story 1 Southside Park, Vertical Construction Soon

June 22, 2022

The developer of Brickell’s massive 1 Southside Park has announced that the project will soon begin vertical construction. JDS Development Group said in a press release that it had secured an acquisition and construction bridge loan of $86 million, allowing the development to move forward. The project is now finishing up foundation work, “with deep soil mixing operations and the two-level basement complete,” the release said. “We look forward to going vertical in the near future,” said Michael Stern, Founder[...]

CLIENT NEWS: Developer Secures $86M to Build 64-story Tower in Brickell

June 16, 2022

JDS Development Group has obtained an $86 million construction loan to help it start work on a 64-story mixed-use tower in Miami’s Brickell Financial District. Maxim Capital Group provided the mortgage to 191 SW 12 Owner LLC, an affiliate of New York-based JDS Development, by assuming a $43 million land acquisition loan and doubling it to $86 million, while carrying a lower interest rate. The “bridge construction loan” will support the initial work on the project, which is currently undergoing[...]

CLIENT NEWS: Office-retail-parking offer in Miami Beach advances

June 13, 2022

An unsolicited proposal to redevelop a parking lot at 13th Street and Collins Avenue into mixed-used office, retail and parking garage is one step closer to reality after a favorable recommendation from the Miami Beach finance committee, and now comes with two levels of office space and a possible contribution from the developer to the city. Real estate developers Location Ventures proposed via unsolicited bid to transform the parking lot, at no cost to the city, into a $19.2 million[...]

Chambers USA Awards Firm Top Ranking in Zoning/ Land Use Law in South Florida

June 13, 2022

Miami, June 13, 2022 – For the second year in a row, Chambers USA, one of the oldest and most prestigious legal guides in the world, has ranked Bercow Radell Fernandez Larkin & Tapanes in Band 1 in the area of Real Estate: Zoning/Land Use Law – South Florida, the highest recognition given by Chambers. The firm is ranked highest among five South Florida firms at the top of this specialty area in the 2022 Chambers USA Directory. Jeffrey Bercow,[...]

CLIENT NEWS: The Man from Morocco, The Untold Story of Joseph Chetrit

June 8, 2022

Though his close friends and family might quibble over the precise ingredients required for a good Joseph Chetrit story, they can all agree on one thing: There’s probably a negotiation involved. Robert Verrone’s favorite took place during the 2006 FIFA World Cup, when the top debt broker and his father attempted to enter a soccer stadium with Chetrit, Chetrit’s wife Nancy and their four children. Verrone had secured prime fourth-row seats, and the group had flown into Germany for the[...]