West Palm Beach condominium owners are
facing litigation from two real estate heavyweights as the
developers vie for control of a 40-year-old waterfront
complex.
At least four owners or former owners of individual units at
the Harbor Towers & Marina on South Flagler Drive have been
sued for signing sales contracts with either Related Ross,
West Palm Beach’s leading builder, or Miami-based Fort
Partners, which is known for developing Four Seasons
Residences.
The two firms began buying Harbor Towers condo units for up
to five times their total market value this year after Fort
Partners purchased two adjacent apartment buildings and
sought to expand its Flagler Drive footprint by purchasing
enough units at Harbor Towers to terminate the condominium.
Condo buyouts have become more common following skyrocketing
insurance costs and pricey repairs required after the 2021
collapse of Champlain Towers South in Surfside.
They can be a boon to people on fixed incomes who can't
afford the increases and to developers who use them to take
control of existing complexes for renovation or demolition
to make way for new construction.
How Harbor Towers became focus of competitive bidding,
lawsuits
But the competition for the two-tower complex at 3901 S.
Flagler Drive has escalated to allegations of illegal
manipulation of condo rules, lawsuits against former
association members, infighting among residents and now the
litigation against individual unit owners who until this
year may have been naïve to the cutthroat world of
billion-dollar development.
“There is a lot of money at stake,” said Alan Gould, whose
94-year-old mother has lived in a ground floor unit at
Harbor Towers for 10 years. “Everyone has their side of the
story.”
Much of the legal wrangling stems from an April change to
condo association documents that gives the association board
the right of first refusal on all sale contracts presented
by potential buyers. That means if the association matches
the contract, it can block the potential buyer and purchase
the unit itself.
Employees of Fort Partners run the Harbor Towers & Marina
Condominium Association as a three-member board after the
previous board resigned. The April change gives them the
ability to block Related Ross from buying units.
But Related Ross says in a lawsuit against Fort that the
April change was not legal and accused Fort of undertaking a
“calculated hostile takeover” of Harbor Towers.
Fort Partners, in a counter lawsuit, says Related has
"harassed" Harbor Towers owners with a sole motivation to
prevent Fort Partners from buying out the condominium.
Gould said he felt Fort Partners tried to bully him into
selling his mother’s unit. The price was generous at $1.5
million, but Gould didn’t want to move his mother, and
Related Ross offered the same money with other perks,
including a five-year delay on closing.
“I said I’m not going to be intimidated so I signed the
agreement with Related,” said Gould, who co-owns the popular
vegan restaurant Darbster in West Palm Beach with his wife.
“Related said it wasn’t planning on doing anything with the
building for five years anyway, and what was important to me
was having the time for my mom.”
The Harbor Towers association sued Gould in late June for
declaratory relief and breach of contract.
The association is also suing two other owners, 3901
Holdings, LLC, which sold its unit to Related Ross for $2.4
million (the total market value was $440,000), and Roger
Everingham, who has a contract with Related Ross and has
refused to sell to the association, according to legal
documents.
Related Ross, for its part, sued 3901 Holdings, LLC, and
then dismissed the case on June 20, two days after it bought
3901's unit for $2.4 million. It has an active suit against
owner Michael Mackintosh, who sold his unit to the
association for $1.75 million.
“We are closing with people on units, and (Related Ross) is
doing things from our perspective that are not legal,” said
Fort Partners attorney Glen Waldman. “You can’t just ignore
the right of first refusal.”
Related Ross did not respond to a request for comment for
this story but said in a statement earlier this year that it
is "committed to transparency and fairness and remains
confident that the legal process will bring clarity and
justice to this matter."
Fort Partners owns about 20 units in the building through
its limited liability corporation, WPB Harbor Tower
Acquisitions, according to the Palm Beach County Property
Appraiser.
Related Ross, which is buying units through a similarly
named LLC called Harbor Towers Acquisitions, owns five units
and has told owners it is in no rush to take over the
61-unit complex.
It’s unknown how many contracts have been signed but not
closed yet with each company.
Waldman has depositions scheduled for the last week of
August 2025 with Palm Beach billionaire Stephen Ross, who
leads Related Ross, and David Felton, who is listed as
manager of STI Holdings, LLC. STI Holdings is listed in
Florida Department of State records as the registered agent
of 3901 Holdings, LLC.
Neither David Felton or his attorney responded to requests
for an interview for this story.
Condo buyouts can be welcomed news, until gloves come off
Waldman said the battle over Harbor Towers is unusually
tumultuous. At one point, the association temporarily hired
security guards to stop people serving lawsuit summonses
against former board members from gaining entry to the
buildings.
And it extends to the legal cases.
The suit against 3901 Holdings, for example, says 3901
principal David Felton was the “primary resident ringleader”
in the attempt by Related Ross to block Fort Partners from
buying out the condominium.
Waldman called the litigation Related Ross filed against
3901 before dismissing the case a “wink, wink” lawsuit.
“It was a game. It was all play,” Waldman said. “This is new
to me, and I’ve done a lot of these.”
But Related Ross, which is also named in the 3901 lawsuit
under its LLC, says in legal documents that the condo
association didn’t match the terms offered in its sales
contract to 3901, making the right of first refusal a
non-issue.
Jaime Sturgis, founder of Fort Lauderdale-based Native
Realty, and who is not involved in Harbor Towers, said he
frequently gets calls from condominium boards asking if he
knows of a developer willing to buy them out.
The requests are mostly a product of owners seeking an
escape from the higher insurance and Surfside mandates.
“Having real developers that are willing and capable of
paying or overpaying to take out some of these condos is a
rarity and welcome news for a lot of people,” Sturgis said.
“But sometimes the gloves come off. The condo buyouts are
really challenging.”
Fort Partners may be especially aggressive because it says
in legal filings that Related Ross already blocked it from
buying out the 44-year-old Southbridge Condominium, which is
just south of the two apartment buildings it bought on
Flagler Drive in November for $20 million.
According to a countersuit by Fort, Related Ross suggested
joining forces in the Southbridge acquisition, but instead
began buying units on its own with the goal of blocking
Fort.
Related Ross already has multiple commercial and residential
projects on and around Flagler Drive.
The luxury Shorecrest and South Flagler House condominiums
are planned for 1901 N. Flagler Drive and 1355 S. Flagler
Drive, respectively. Its One Flagler office tower opened
this year at 180 Lakeview Ave. It owns the Esperante
Corporate Center at 222 Lakeview Ave. And it signed a $100
million lease with Family Church at 1101 S. Flagler Drive
for two high-rise condos on the church’s parking lot.
The Phillips Point office complex is also owned by Related
Ross at 777 S. Flagler Drive and is undergoing a renovation
that will turn its signature pink exterior to white
limestone.
Waldman is hoping to have a ruling on what he calls the
“key” issue of the April change in condo rules by the end of
October, which he believes should settle most of the other
concerns and allow Fort to move forward with termination.
“We are very confident that what was done is appropriate,”
Waldman said.