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| Village at Island Estates, northeast Miami-Dade County, FL |
MIAMI, FL -- Less than a year after announcing plans to
build the proposed Village At Island Estates condo complex on a vacant
island between Aventura and Sunny Isles Beach in Northeast Miami-Dade County,
the project's developer - who was recently hit with a lawsuit that attempts to
halt the project - has partnered with an "opportunistic real estate
firm" to redesign and rename the project in time to relaunch presales in
September 2013, according to a new report from CondoVultures.com.
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| Rendering of Prive, proposed pair of eight-story condo towers between Aventura, FL and Sunny Isles Beach FL |
Developer Gary Cohen - who planned to build a pair of
eight-story, Mediterranean-style towers with a total of 148 units on a nearly
nine-acre island just east of the exclusive Aventura neighborhood of Williams
Island - has partnered with BH3 Development to build an "iconic"
project with two 16-story towers and a combined 160 "ultra-luxury"
units for a complex that is to be renamed Prive, according to a joint
statement.
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| Gregory Freedman |
BH3 Development with Gregory Freedman, Daniel Lebensohn, and
Charles Phelan is a real estate firm focused on South Florida and New York
City. In South Florida, the firm has bought and resold condo units in various
projects, including the Trump Hollywood in Hollywood and the Fontainebleau III
Sorrento and Terra Beachside Villas in Miami Beach, according to a company
statement.
The lawsuit named the project's development group, The
Village At Island Estates LLC; Gary Cohen, as the "sole member" of
The Village At Island Estates; and the city of Aventura as defendants,
according to court records.
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| Daniel Lebensohn |
Cohen responded on August 16, 2013 through a spokesperson:
"The case is a baseless and frivolous claim and will be proven so."
For a complete copy of the company’s news release, please
contact:
Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.,
Suite 209B
Downtown Miami, Florida, 33137
800-750-0517.
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