Swerdlow’s Biscayne Landing lease rejected

A lease negotiated by developer Michael Swerdlow for the former Biscayne Landing site has been rejected by North Miami’s City Council, the South Florida Business Journal reported. The rejection, which came by a 3-to-1 vote, means the city manager will now have to distribute a new request for bids. Swerdlow was the original developer of the troubled North Miami property, which was eventually sold to Boca Developers, which then forfeited the project back to the lender. [SFBJ]