A Miami developer bought most units in a 191-unit waterfront condo and planned a 55-story tower; after holdouts sought $50 million, the three-year fight ended in a settlement

A Miami developer bought most units in a 191-unit waterfront condo and planned a 55-story tower; after holdouts sought $50 million, the three-year fight ended in a settlement

A three-year battle over a largely emptied Miami waterfront condominium has finally ended, clearing the way for a luxury redevelopment. The Wall Street Journal, which has followed the dispute since 2024, reported on September 1 that Two Roads Development and the remaining owners of units at Biscayne 21 reached an out-of-court settlement. Additional reporting by…

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