Nahla Capital sues seller of Raleigh Miami Beach over Peter Marino’s designs
Nahla Capital is suing the seller of the iconic Raleigh property in Miami Beach over a deal involving the use of Peter Marino’s designs. Nahla Raleigh LLC filed a complaint in New York against BSD Raleigh Trustee LLC last week. In October, BSD Raleigh, a trustee of the Raleigh Land Trust, sold the 3-acre oceanfront assemblage at 1775, 1757 and 1751 Collins Avenue to Nahla for $270 million. Kevin Neuner, Shvo’s CFO, signed the deed on behalf of the seller. Shvo, the company led by developer Michael Shvo, declined to comment, citing the fact that it is not a party […]This article originally appeared on The Real Deal. Click here to read the full story.
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