MIAMI, Fla. (PRWEB) August 11, 2015
Real estate attorney Steve Bassin and land use attorney Ethan B. Wasserman with the Miami office of international law firm Greenberg Traurig represented longtime client Verzasca Group in receiving Sunny Isles Beach city approval for its “Aurora” mixed-use project. The 17-story tower is noted as the first new condo development on the west side of Collins Avenue in more than 10 years.
“We are thrilled to have gained approval from the city and owe tremendous gratitude to our Greenberg Traurig legal team for helping us with this process,” said Darius Kasparaitis, President of Verzasca Group. “We designed the building to meet the growing demand for affordable luxury in a desirable area and we look forward to taking the next steps.”
The top 16 floors of the building at 17550 Collins Avenue will have 61 two- and three-bedroom residential units that each average 1,600 square feet and will be marketed for less than $1,000 per square foot. The ground floor will have commercial uses. The building also will include two separate, private “mikvahs” for men and women (Jewish baths used for ritual immersion).
“This favorable outcome was possible due to our client’s strong desire to address the community’s concerns and our ability to guide them through the governmental processes,” said Bassin. “This is a shining example of how a developer, the city and the community can work together to move forward a project that will serve the needs of all stakeholders.”
Added Wasserman: “The Aurora project demonstrates the tremendous success that can be achieved when responsible developers work hard to respond to the needs of the community. The Greenberg Traurig team is proud of our work in successfully coordinating the dialogue between the Sunny Isles Beach city commission, the planning department, the city attorney's office, and the local community to achieve a fantastic result.”
Verzasca Group plans to break ground shortly after launching sales in the coming months.
About Verzasca Group
Verzasca Group is a privately held firm with direct hands‐on experience in the acquisition, development, financing, operation, and marketing of residential and commercial real estate. The firm was created in August 2014 by former NHL star Darius Kasparaitis alongside finance and real estate professionals Gennady Barsky and Tim Lobanov. Verzasca’s commercial and residential projects draw from and enhance the best of each community, using materials of the highest quality and relying on the industry’s finest architects, designers, landscape artists, and craftsmen to deliver modern beauty and simplicity at a tremendous value.
About Greenberg Traurig — Miami
The Greenberg Traurig Miami office was founded in 1967 by attorneys with a business-focused approach and a tradition of community service. Since that time, the Miami office has actively supported and helped drive South Florida’s growth as an international financial and cultural center, serving as a gateway between the United States, Latin America, Europe, Asia, and the Middle East. In the community, the office is well-known for its “Miami Roots, Global Reach.” The attorneys advise local, national, and international companies in numerous industries and sectors, including aviation, entertainment, financial institutions, health care, international trade and customs, labor and employment, manufacturing, real estate, retail, and technology. In Florida, Greenberg Traurig serves clients from across seven offices in Boca Raton, Fort Lauderdale, Miami, Orlando, Tallahassee, Tampa, and West Palm Beach.
About Greenberg Traurig, LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 1800 attorneys serving clients from 37 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is among the 2015 BTI Brand Elite and among the most “Tech Savvy.” It was on the 2013-2015 BTI Client Service 30 listings of firms “most recognized by clients for providing excellent client service,” and one of the 2014 BTI Client Relationship Scorecard “Power Elite,” based on the nature and strength of its client relationships. More information at: http://www.gtlaw.com.