Inside the long fight over Two Roads’ Biscayne 21 condo buyout
When Two Roads Development acquired the majority of condos at a bayfront Miami building in 2022, the firm planned to launch sales of an Edition Residences and complete the first tower by the end of this year. But that didn’t go according to plan. Instead, the group of holdout owners at Biscayne 21, the Edgewater building that Two Roads planned to demolish, sued in 2023. The holdouts held on until winning a key part of their case, and settling with the developer earlier this week. Two Roads paid them about $50 million combined for their units, a source told The […]This article originally appeared on The Real Deal. Click here to read the full story.
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