Prominent Miami-based attorney Perry Weitz is joining Douglas Elliman’s board of directors.
Weitz, a founding partner at New York-based Weitz & Luxenberg P.C., one of the nation’s largest mass tort and personal injury litigation firms, has ties to real estate. He is a part-owner of the Mondrian South Beach with Elliman CEO Michael Liebowitz and developer Russell Galbut. He’s also involved in Oak Row Equities, the Miami-based development firm co-founded by his son, David Weitz.
The law firm handles cases involving asbestos, environmental contamination, pharmaceutical products, and medical devices.
Weitz joined Elliman’s board effective immediately, according to a press release.
A board seat opened up in October when Kennedy Lewis Investment Management partner David Chene resigned.
Lewis stepped down when the board approved Elliman’s $85 million sale of its property management arm to PMG Holdings, a wholly-owned subsidiary of Associa, one of the largest property management firms in the country. Elliman announced it was using the proceeds from the sale, along with cash on hand, to pay off $50 million in convertible debt it took out from Kennedy Lewis Investment Management last year, which was redeemed for $95 million.
Liebowitz, who has been CEO of Elliman for about a year, recently told The Real Deal that Elliman “is not for sale” following the property management deal.
Weitz relocated to Miami from New York during the pandemic, and Weitz & Luxenberg is opening an office at Wynwood Plaza, a mixed-use project development that Oak Row, L&L Holding, Shorenstein and Marcelo Claure’s Claure Group are building in Wynwood.
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