The Real Deal New York

Cuban economy may hinge on property claims issue

Unresolved U.S. claims against Cuba may total as much as $8 billion, including interest

July 26, 2015 01:00PM



From the South Florida website: For Amy Rosoff, the warming of U.S.-Cuba relations is deeply personal. Her parents fled Cuba in 1961 after Fidel Castro’s revolutionary government seized family assets. Left behind were a 14,000-acre farm, an apparel factory, and a 17-room Spanish colonial residence in Havana that belonged to Rosoff’s grandmother. Rosoff is among thousands of individuals and companies with property claims against the government of Cuba for property seized in the Castro-led revolution. [more]