Three years after completing the Miami luxury condo tower Biscayne Beach, the developer and firms involved in its construction created a stinky situation for buyers, a recently filed lawsuit alleges.
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Biscayne Beach |
Daniel Hayes, general
counsel and COO for Two Roads, said the company had not been
served and does not comment on litigation matters. A
spokesperson for Plaza did not respond to an email request
for comment.
Biscayne Beach was among one of the first condominiums to be
completed in the most recent cycle. The building opened in
2017, the same year Two Roads paid off a $120 million loan
and sold out 99 percent of the project.
But this is not the first legal entanglement involving
Biscayne Beach. In May 2017, the Bayside Terrace Condominium
Association, representing a low-rise building at 505
Northeast 30th Street, sued the developer, Plaza and another
company for damages related to Biscayne Beach’s
construction. A year later, a Turkish investor sued Two
Roads’ development entity Biscayne Miami Partners and its
affiliated firm Eastview Development over a failed deal for
an $8.5 million penthouse at Biscayne Beach.
According to the latest lawsuit, the Biscayne Beach condo
association hired an engineering firm that submitted a
report in November 2018 detailing the construction defects
inside the tower.
The defects identified in the report include the faulty
plumbing system allowing sewer smells into the units; a poor
roof design that has led to water pooling; and cracks, rust
spots and moisture stains in the building’s stucco. The
report also noted shoddy work in Biscayne Beach’s mechanical
and electrical systems.