Category: Real Estate/Foreclosure
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Pinecrest to pay $10 million for tranquil ‘Mas property’ for a new village park
By William Gjebre
FloridaBulldog.org
A five-acre tract of exotic trees and plants, trails, a lagoon, and large house commonly known as the Mas property is likely to become a park for the south end of Pinecrest after the village council approved an agreement with the representative of the “hidden” owner to acquire the site for $10 million. -
Fields of gold: A commodities kingpin, political connections and millions laundered through Miami real estate
By Jack Davies, Liuba Sevciuk
FloridaBulldog.org
Many men have regretted their friendship with Yuri Drukker. Over the years, he forged a nearly $1 billion commodities trading empire from which he and his associates used a web of shell companies to secret hide millions of dollars in Miami and New York real estate. -
Sweetheart deal for Ave LLC in the works at Miami-Opa locka Executive Airport; Vote set for Wednesday
By Francisco Alvarado
FloridaBulldog.org
A local developer who owes Miami-Dade County $1.8 million in rent and accused county elected officials of showing favoritism to more politically influential tenants could soon get a sweetheart deal of his own. -
Whistleblower seeks to stop Russell Galbut’s latest condo proposal in Miami Beach
By Francisco Alvarado
FloridaBulldog.org
As Russell Galbut seeks permission to build a colossal condo tower near Miami Beach’s main entrance, an ex-ally-turned-whistleblower is attempting to derail his plan with a letter-writing campaign to Mayor Dan Gelber, alleging the developer’s role in the failure and closure of South Shore Hospital, site of the proposed project. -
‘We are a law firm’: How telemarketers sold false hope to homeowners struggling to pay mortgages
By Fred Schulte
Center for Public Integrity
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Owners at South Beach’s Shelborne fight $30 million assessments, foreclosure
By Francisco Alvarado
FloridaBulldog.org
For the past four years, about 40 investors and snowbirds who own 42 rooms in a landmark oceanfront art deco hotel have been locked in a pitched court battle with one of Miami Beach’s most politically connected families to keep their units.
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