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Matthew Whitman Lazenby, Grant Cardone, Phil Collins, Orianne Bates, Russell Galbut, Natalie Brabner, Craig Studnicky and Masoud Shojaee (Lazenby by Sonya Revell; Getty, iStock)
The pandemic did not stop top real estate players from seeking relief through the courts or from becoming legal targets, themselves. So, there was no shortage of juicy lawsuits featuring the top names in the industry. Here are the top 10 lawsuits reported by
The Real Deal in 2020:
Bal Harbour Shops vs. Saks Fifth Avenue
The economic fallout of the pandemic is endangering one of the longest running tenant-landlord relationships in luxury retail. In early September, Bal Harbour Shops sued to evict Saks Fifth Avenue for allegedly failing to pay more than $1.8 million in rent. Saks Fifth Avenue, claiming government shutdowns associated with Covid-19 mitigation measures impacted its ability to operate and produce sales, countersued Bal Harbour Shops and Whitman Family Development
Miami home sale prices surge in November, setting new all-time record
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Johnny Mansilla (Nest Seekers, Realtor, Zillow)
Nest Seekers International has been falsely claiming exclusivity on a number of listings in Miami, and in some cases feeding that information to Zillow and Realtor.com, an investigation by
The Real Deal reveals.
The New York-based brokerage, led by founder and CEO Eddie Shapiro, has a number of listings on its website that are labeled “exclusive,” which state that “This is a Nest Seekers Exclusive Listing.” However, in many cases, the listings belong to another brokerage, have already been sold, or have not been listed by the developer.
The Nest Seekers information is sometimes also posted on Zillow.com, Realtor.com and other websites for the public to see. That means potential buyers are presented with the wrong contact information for a listing and oftentimes price.
Mansion Global
The Spanish-style property includes a guest house and pool pavilion By Liz Lucking |
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Actor Sylvester Stallone has bought a new Palm Beach estate.
Composite: Getty Images; Google Maps
On-screen tough-guy Sylvester Stallone has expanded his real estate portfolio to the tune of $35.37 million with the acquisition of a sizable waterfront compound in Florida’s upmarket Palm Beach.
Mr. Stallone, 74, used a trust for the eight-figure buy one that he’s used previously for his real estate dealings, including a La Quinta, California vacation spot that he sold earlier this year for $3.15 million property records filed Wednesday show.
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