Does Ritz Carlton Sunny Isles Beach have a right to protect its view?
The nine story condominium building Tropicana at 15645 Collins Ave has a privileged location: it is the last building before Haulover Park between Sunny Isles Beach and Bal Harbor. This small building which used to be known for its spicy views to the nude beach is now part of the real estate gossip for filing a $120 million lawsuit against Fortune International and Chateau Group, alleging that they fraudulently blocked the sale of their building for redevelopment.
Tropicana association is trying to terminate the condominium status so that the building can be sold for redevelopment making a nice chunk of money to the unit owners and the dream of some developer to build a luxury tall tower come true…at the expense of others next door? The 52-story Ritz-Carlton, Sunny Isles Beach would have much of their views blocked if the nine story Tropicana would turn into a tall new building following Sunny Isles Beach trend of fabulous residences where the fortunate wealthiest can literally touch the sky.
The question to be answered is: Does Ritz Carlton Sunny Isles Beach have a right to protect its view? or is this an inevitable part of progress and growth in one of the fanciest areas in Miami? It will be interesting to see how this battle turns out. In the meantime, pre-sales of the Ritz Carlton Sunny Isles Beach may see a speed bump…
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