Shoma gets extension from North Bay Village, plans to seek additional height and density for condo tower

Ω Masoud and Stephanie Shojaee secured more time to obtain a master building permit for Shoma Bay, a delayed condo tower planned in North Bay Village.  “Right now I am spending my own cash and giving the money for the project,” Masoud Shojaee, CEO of Coral Gables-based Shoma Group, told commissioners last week. The commission voted 4 to 1, with North Bay Village Mayor Rachel Streitfeld voting against amending the development agreement for the project planned for 1872 79th Street.  Shoma now has until Halloween to secure the permit. The deadline was previously set for Aug. 30.  The developer will […]This article originally appeared on The Real Deal. Click here to read the full story.