Forty investors who bought rooms in Miami Beach’s Shelborne Hotel lose contentious lawsuit

Five years after suing Miami Beach hotelier Keith Menin, their condo association and companies tied to developer Russell Galbut for allegedly authorizing nearly $30 million in illegal assessments to renovate and repair the Shelborne Hotel, 40 investors who bought rooms in the historic property have lost their battle.  Miami-Dade Circuit Court Judge Beatrice Butchko last Friday issued a final judgment in favor of the defendants Menin, Joan Brent, Justo Carlos Padron, Martin Wasserman, and the Shelborne Ocean Beach Hotel Condominium Association, Shelborne Property Associates and Shelborne Operating    Associates.     Read the article…………..

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