Miami-based Coconut Grove Bank filed a lawsuit against 2701 Bayshore Ventures LLC, an affiliate of developer Terra Group, seeking to halt work on its Park Grove condominium project.
The complaint alleges that the company is in violation of the lease agreement signed following the bank’s sale of its property to the developer. The bank is seeking an injunction on development and construction until the alleged lease violation is settled.
The complaint alleges that the actions of Terra Group’s…
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