Ytech buys Brickell building from Taplin, settles claims in $50M deal

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BankUnited building on Brickell sold, redevelopment possible. Defortuna is a principal in a company that owns the neighboring building at 1414 Brickell Ave. New York developer Shahab Karmely also filed a lawsuit against Taplin, claiming that he had a contract to purchase 1428 Brickell.

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Ytech buys Brickell building from Taplin, settles claims in $50M deal Martin Contents Ran 80 yards Questions covering vocabulary Approve market price Miami-based ytech international paid .5 million january 15 Bankunited office.

The Taplin Co. sold the BankUnited building at 1428 Brickell Avenue for $26.5 million, plus “tens of millions” more to settle claims and other issues, Ytech said on Friday. a lawsuit with Taplin.

Ytech Acquires 1428 Brickell Avenue Yamal Yidios’ company brings an end to years of litigation; Site is zoned for a mixed-use project of up to 80 stories and 825,000 square feet January 20, 2017.

The buyer of 1428 Brickell has been revealed as Ytech International. Ytech is owned by 34-year-old Yamal Yidios. The company also partnered with Carlos Mattos to buy downtown Miami’s FPL site in 2015 for $21m.

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The 100,762-square-foot building was sold by the Taplin Co., a. Ytech buys Brickell building from Taplin, settles claims in $50M deal. Last fall, New York developer Shahab Karmely settled a lawsuit with Taplin over a deal to buy an 80 percent interest in the building that went south.