The Real Deal Miami

Developer Michael Swerdlow to buy unsold Biscayne Landing units

September 25, 2011 11:50PM

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Michael Swerdlow of the Swerdlow Group and Biscayne Landing
Sources say developer Michael Swerdlow will be buying the unsold
inventory of condominiums built at the troubled Biscayne Landing site
for a price of less than $23 million. The inventory consists of 160 units in the project’s
Oak residences, which are controlled by iStar Financial. Swerdlow is
planning to develop
190 acres at the site, which his near Florida
International University’s Biscayne Bay campus. [SFBJ]