Ram Realty affiliate to pay $2M in damages to West Palm law firm

Law firm's building collapsed in 2016 after part of the facade of the Alexander Lofts fell on it

TRD MIAMI /
Jun.June 26, 2018 10:30 AM

William Price and the Alexander Lofts Apartments in Downtown West Palm Beach (Credit: Alexander Lofts and William W. Price, PA)

A heap of bricks falling from a six-story apartment building and onto a one-story law office below is resulting in $2 million worth of damages.

On Monday, a six-person jury awarded William W. Price, P.A., and his company Five Solas, LLC, about $1.5 million in damages, plus $500,000 in costs.

The costs will cover rebuilding, business losses, emergency expenses and the cost of renting temporary space nearby, according to the Palm Beach Post. The jury rejected $385,000 sought for the loss of business revolving around media coverage of the event.

The building’s property owner and manager are tied to Ram Realty Services. Last May, Palm Beach Circuit Judge Meenu Sasser granted summary judgment in favor of the law firm owners.

The building collapsed in 2016, when part of the facade of the Alexander Lofts apartment building at 320 Fern Street crumbled and rained bricks on the law office, injuring a handful of people.

Alexander Lofts, built in the 1920s, is a former Bell Telephone building. Records show an entity tied to Ram Realty, Sodix Firm LLC, paid $5.1 million for the property in 2012. [PalmBeachPost] — Amanda Rabines


Related Articles

arrow_forward_ios
30 Indian Creek Island Road and Shlomo Alexander

The Alexander Group allegedly mismanaged and then refused to complete Indian Creek Island mansion: lawsuit

Power struggle between Fisher Island association’s directors ignites lawsuit

Echo Brickell and PMG principal Ryan Shear

Construction of Echo Brickell allegedly damaged neighboring condo building: lawsuit

Daily Digest Miami

Quiksilver signs a lease in Miami Beach, Delray Beach’s Atlantic Crossing announces first retail and office tenants: Daily digest

Miami Beach Mayor Dan Gelber and Natalie Nichols home at 1531 Stillwater Drive (Credit: Getty Images)

Miami-Dade judge strikes down Miami Beach short-term rental ban

The Bristol and Thomas J. Healey

Financial mogul pays $6.5 million for unit at the Bristol in West Palm

ADF lawyer Stuart Sobel and Virgin MiamiCentral

Virgin MiamiCentral station developer and builder to pay $10.5M settlement

2751 South Dixie Highway, Scott Sherman and Ben Mandell

Tricera reveals plans for redevelopment of Palm Beach Post building

arrow_forward_ios