Crescent Heights principals Russell Galbut, Sonny Kahn, and Bruce Menin want to build a pair of Nema-branded luxury towers on two city blocks in Edgewater between Biscayne Boulevard, Northeast Second Avenue, Northeast 29th and 30th streets. The project is slated to include a 37-story building with 49,000 square feet of retail, 43,000 square feet of office, 417 apartments and 668 parking spaces; and a 40-story skyscraper with 428 apartments, 704 parking spaces and a grocery store. Reported The Real Deal.
But before that project can move forward, the developers need permission from the city to close down alleyways that transverse Crescent Heights’ property. Ethan Wasserman, a Greenberg Traurig attorney representing the Miami-based developer, said the alleyways are 100 years old, and unused by any city vehicles. City planning staff also recommended that the alleyways be fully-deeded back to the property owners.