Ytech buys Brickell building from Taplin, settles claims in $50M deal

Yamal Yidios’ company brings an end to years of litigation; Site is zoned for a mixed-use project of up to 80 stories and 825,000 square feet YTECH – 1428 Brickell, LLC (Ytech), an investment affiliate of Ytech International, has acquired the BankUnited Office Building located at 1428 Brickell.

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The Taplin Co. sold the BankUnited building at 1428 Brickell Avenue for $26.5 million, plus "tens of millions" more to settle claims and other issues, Ytech said on Friday. According to a letter obtained by The Real Deal from Taplin’s attorney to Ytech’s, the total consideration of the sale is $50 million.

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Ytech buys Brickell building from Taplin, settles claims in m deal authorities Looking Into brickell construction site collapse. – MIAMI (CBSMiami) – Authorities are trying to find out what caused a construction site collapse that left one person dead and five others injured.

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Ytech buys Brickell building from Taplin, settles claims in $50M deal MIAMI (CBSMiami) – Authorities are trying to find out what caused a construction site collapse that left one person dead and five others injured. Debris including lumber and metal flew off the.

Letter from Thomas Kean and Lee Hamilton to Patrick J. Fitzgerald, June 1,Ytech buys Brickell building from Taplin, settles claims in $50M deal. Last fall, New York developer Shahab Karmely settled a lawsuit with Taplin over a deal to buy an 80 percent interest in the building that went south.