Natiivo Fort Lauderdale site heads to auction after $26M foreclosure judgment
Harvey Hernandez’s Newgard Development Group could lose a downtown Fort Lauderdale site where the firm planned a 40-story mixed-use tower. A court auction is scheduled for March 11 to sell the 1-acre property at 200 West Broward Boulevard to satisfy a $25.7 million foreclosure judgment issued Jan. 30 in favor of New York-based Kushner Companies, led by Laurent Morali and Nicole Kushner Meyer, the South Florida Business Journal reported. Newgard is still working with Kushner on a resolution, Hernandez told The Real Deal. “We’re confident that we’ll get there,” he said. “ We love the property, we love the project, […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Latest billionaire request advances: Miami Beach commission to vote on Ken Griffin’s helipad

“We are #blessed”: South Florida’s top brokers talk Miami luxury living at The Real Deal’s Welcome to the New Miami event

$50M bankruptcy sale in Miami’s Blue Lagoon falls apart as Caroline Weiss hospitalized

Eastwind, TMT pitch multifamily addition to Delray Beach office complex

Palm Beach home listed for $30M tops signed contracts

Prestige buys back Dania Beach apartments for $27M

Miami to sue Miami-Dade County over Allapattah CRA

Megawatt moratorium: Palm Beach County OKs year-long data center pause

Name your price: David Simkins flips waterfront teardown in Miami’s Morningside for $24M

“I love when financing is difficult” Terra’s David Martin talks construction loans, branded condos at The Real Deal’s Salon Series Miami

