Edition Residences condo buyers sue Two Roads over stalled project

Three buyers are suing Two Roads Development to recover their deposits from the planned Edition Residences in Miami’s Edgewater, where holdout owners of the existing Biscayne 21 building have worked for years to block redevelopment. The buyers, Armando Lozano Ojeda, Alejandro Garcia and Patricia Zavala, entered into contracts to purchase five units at the Edition project in the spring of 2023. Per their contracts, their units were expected to be completed by the summer of 2028. The owners are seeking their deposits — totaling about $2.5 million — plus interest, costs and attorneys’ fees.  Lozano is under contract to purchase […]This article originally appeared on The Real Deal. Click here to read the full story.