AIDS foundation facing opposition for 15-story tower, Bill Cunningham is out at Corcoran

AIDS foundation facing opposition for 15-story tower, Bill Cunningham is out at Corcoran

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The AIDS Healthcare Foundation wants the city of Fort Lauderdale to approve apartment buildings based on city code, not on the income level of residents or areas where a project is located. The foundation wants voters to pass an initiative that would prevent the city from denying proposals based on income or location, according to the Sun Sentinel. Foundation officials are alleging their proposal to build a 15-story tower for low-income residents is being opposed by the city because nearby residents in a more affluent neighborhood don’t want it. But the city said the project isn’t allowed because it qualifies as a social service residential facility. [Sun Sentinel]

 

Bill Cunningham, the Corcoran Group’s president of sales, is leaving the firm. The move is part of a broader shakeup that will also see Gary Malin, president of sister firm Citi Habitats, add the role of COO of Corcoran to his responsibilities. In an email to agents Thursday, Corcoran CEO Pam Liebman said Cunningham’s departure is one of several changes underway at the company, which is a subsidiary of publicly traded Realogy. [TRD]

 
Avra Jain and a rendering of 225 NE 34th Street

Avra Jain and a rendering of 225 NE 34th Street

Avra Jain is planning to build a 15-story office building with $33M in Opportunity Zone money. Jain’s Vagabond Group Consulting LLC partnered with Los Gatos, California-based Bauen Capital to create an Opportunity Zone Fund. The office building, at 225 Northeast 34th Street, will be built on top of an eight-story parking deck and will have a large green space. It will be combined with an existing 47,000-square-foot building that includes Anatomy Gym. [TRD]

 

Compiled by Katherine Kallergis

The post AIDS foundation facing opposition for 15-story tower, Bill Cunningham is out at Corcoran appeared first on The Real Deal Miami.

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