Lawyer: New Bayside Owner Trying To Rid Mall Of Local Business With Over 40 Eviction Lawsuits

Bayside Marketplace has been working to remove local and regional businesses from the mall since a recent ownership change, according to a lawyer representing one of the tenants.

In 2015, New York’s Ashkenazy Acquisition Corp. paid a reported $196 million for a 49 percent stake in the center, valuing the property (a leasehold owned by the city) at $400 million.

Since then, management has been working to modify leases and encourage store renovations, with what one tenant calls misleading and false representations.

According to a counter-claim filed by attorney Jason B. Giller, who represents Miami Waves, LLC, the mall has filed more than 40 eviction lawsuits since ownership changed. The mall’s conduct is  not only legally inappropriate, but concerning since it is taking place on a city-owned property, he said.

Some of the “hanky-panky” includes misrepresenting that the mall would undertake millions in renovations, concealing current market rates, and misrepresenting square footage size of stores.

 

 

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LongMIA

Bayside could be…no, should be Miami’s Embarcadero, not Dolphin Mall East. Let’s see some upgrades in the physical structure, as well as the tenant mix.

Anonymous

It’s not that great of a location, too isolated. Who wants to travel to a sub-par mall?

Anonymous

Do you know what Embarcadero is? LongMIA is spot on…

Anonymous

Yes I do. As in, this is a tremendo ” embarcaderia ” for these tenants.

Anonymous

Lmfao!.This made my day.

Anonymous

If the City had vision for this property, it would not have approved the extension request. Bayside could have been the perfect connector for the long promised Baywalk. It would be the perfect gathering space and meeting point for those using the Baywalk. People should be able to take a break for dinner, lunch or simply a drink. But… we are stuck with a crappy mall that does not interact at all with the community.

Anonymous

Eh, I agree Bayside needs a major renovation but evicting every tennant is a little much…

SRS

Why, they simply don’t work with what they have in mind

SRS

How do you improve without making changes???

SRS

First of all the current state of this shopping center is a total disgrace sitting in prime location with no justification to not be a great entertainment place.
Even if the mall sits on city owned land, the management company has the right to evict anyone that they consider are not following the rules, or are not up to the minimum standards. By all means, they need to clean up this place, get tenants that attract both locals and tourists, and do a massive transformation of the mall. I think the city should enforce the new owner not to patch and repair, but truly to invest a significant amount of money and transform it.
It should be open to the park and Biscayne Blvd and right now is simply giving its back in a very eyesore way.

Anonymous

:thumbs down:

No Metro

Tear it down and put a Bass Pro Shops in its place.