Faena House buyer alleges his unit is not livable due to construction defects

Ruslan Shudrik alleges he hasn't been able to move into his $8.6M unit

TRD MIAMI /
Dec.December 01, 2016 11:15 AM

Amid all the buzz surrounding the Art Basel grand opening for Faena Forum, a company linked to Argentine developer Alan Faena is facing allegations in Miami-Dade Circuit Court of shoddy construction and failing to deliver a finished unit at Faena House.

Ruslan Shudrik in late October sued Tower 3315, a company incorporated by Faena to develop the ultra-luxury 18-story building, alleging breach of contract, negligence, and breach of warranty under Florida law. According to Shudrik’s attorneys Mark Kamilar and Bolivar Porta, their client has not been able to move into his 14th floor unit since closing on the condo 13 months ago ago due to alleged construction delays and defects.

“Mr. Shudrik purchased this unit for $8.6 million,” Kamilar said. “Yet he has not received the quality of service or product worthy of his investment or the brand name.” Faena declined comment through a spokesperson.

According to the complaint, Shudrik was notified in October 2015 that construction on his condo was complete and set the closing for Nov. 2 of that year. The buyer, who is a Russian national, alleges that Faena’s representatives only allowed him to do a walk-through of the two-bedroom unit hours before closing, the lawsuit states.

“During the walkthrough, plaintiff’s representatives found that the unit was not complete, had substantial defects, improper construction and requested to postpone the closing,” the suit says. “Defendant at the time acknowledged the problems with the unit and agreed to expedite completion of all items listed on the punch list.”

Shudrik alleges substantial portions of ceramic, marble, Terrazzo and wood floors had to be replaced, requiring partial demolition and other dangerous and invasive construction activities that rendered the unit unlivable. In addition, the lawsuit says, wall finishings, balcony railings, and air conditioning duct work were improperly installed, among other defects.

Nevertheless, Faena demanded Shudrik close on the unit despite the unfinished and improper work and promised the unit would be completed “expeditiously,” according to the suit. Porta, Shudrik’s other lawyer, said a general contractor and an engineer have provided written reports substantiating the lawsuit’s allegations.

“Mr. Shudrik is putting his faith in the U.S. courts to protect his investment in this high-end condo product,” Porta said.


Related Articles

arrow_forward_ios
Royal Management Group maintains four South Beach condo buildings

South Beach condo owners sue to remove management company

South Beach condo owners sue to remove management company
Lennox Miami Beach

Lennox Miami Beach hotel exec sues father-in-law for ousting him: lawsuit

Lennox Miami Beach hotel exec sues father-in-law for ousting him: lawsuit
Hard Rock Cafe at Bayside Marketplace (Hard Rock)

Bayside Marketplace sues to evict Bubba Gump, Hard Rock Cafe and three other tenants

Bayside Marketplace sues to evict Bubba Gump, Hard Rock Cafe and three other tenants
A few of the properties in Palm Beach County (Credit: Google Maps)

Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering

Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering
Bay Harbor One

Bay Harbor One buyer sues to get out of condo deal, citing alleged defects

Bay Harbor One buyer sues to get out of condo deal, citing alleged defects
Gil Dezer with a rendering of Porsche Design Tower and Residences by Armani/Casa (Credit: ARX via Madison Global)

Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits

Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits
Diane Von Furstenberg, Brookfield Properties Bruce Flatt, and the DVF store in the Shops at Merrick Park (Getty, Google Maps)

Brookfield seeks to evict Diane Von Furstenberg at Merrick Park

Brookfield seeks to evict Diane Von Furstenberg at Merrick Park
1 Hotel South Beach (Credit: Google Maps)

Starwood Capital affiliate sues 1 Hotel & Homes South Beach condo association for trademark infringement

Starwood Capital affiliate sues 1 Hotel & Homes South Beach condo association for trademark infringement
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...