The Real Deal Miami

Miami condo residents sue Terra Group, seven other companies

Developer accused of cutting corners with Quantum on the Bay construction

June 16, 2014 09:45AM

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Quantum on the Bay

Quantum on the Bay

Three homeowners associations at Quantum on the Bay are suing a company tied to Terra Group, claiming the developer cut corners during construction of the Miami condo project.

The associations accuse the Terra company and seven other defendants of 17 counts of negligence, professional negligence, breach of common-law implied warranties and building code violations. According to the Miami-Dade Circuit Court lawsuits, defects at the 698-unit development ranged from jammed doorknobs to crumbling stucco. The purpose of the litigation is to get Terra and the codefendants to cover the cost of repairs.

“The unit owners want to have the property that should have been delivered to them,” attorney Jeffrey Respler, who represents the Quantum residents, told the Daily Business Review. “At the end of the day, we’re not looking for a windfall. We’re only looking to be made whole.”

Terra’s David Martin told the Review the dispute would be “expeditiously and responsibly resolved in the appropriate forum.”

Unit prices at the 1900 North Bayshore Drive condo range from $229,000 to about $1.2 million. Monthly rents vary from $1,750 to $5,500. [Daily Business Review]Eric Kalis

  • Real Estate Advocate

    Terrible that a developer currently selling off-plan “luxury” units such as GLASS or GROVE and trying to get up front trust from prospective buyers can leave this mess behind in front of everyone’s eyes…Unscrupulous developers such Terra are a shame for the local real estate industry. Good luck residents, keep the fight!!!

    • MRGREY

      110% agree. People need to do their own due diligence on the developer of the building before buying. Sadly, not many do and buy into the hype and marketing.