Raanan Katz with 800 East Hallandale Seashore Boulevard (LinkedIn, Google Maps, Eleventh Circuit Court of Appeals)
Raanan Katz is allegedly getting territorial about sharing parking with a neighbor of one particular of his South Florida purchasing facilities, in accordance to a new lawsuit.
Upper Deck Ale and Sporting activities Grille is trying to find a court get to cease Katz from restricting the adjacent restaurant’s shoppers entry to the parking large amount at his RK Sage Plaza at 800 East Hallandale Boulevard in Hallandale Beach, the lawsuit, submitted in Miami-Dade Circuit Court docket, states.
Sunny Isles Seashore-centered actual estate mogul Katz has owned RK Sage by way of an affiliate due to the fact 2012, when he paid $5.5 million for the home, records present. Katz, whose organization RK Facilities owns 10 million square toes of commercial space throughout the state, is among South Florida’s most prolific retail investors.
In July and Oct of past 12 months, Katz compensated a mixed $60.1 million for two retail plazas anchored by Aldi grocery merchants in Hialeah and North Miami.
In its Jan. 10 grievance, Higher Deck accuses Katz’s affiliate of erecting an allegedly unlawful fence at the rear of the assets to block an entrance that its patrons use consistently, and for placing up “No Parking” symptoms just for the restaurant. The steps violated a covenant arrangement to share RK Sage’s parking good deal that is been in place extra than two decades before Katz ordered the 32,000-sq.-foot searching centre, the lawsuit states.
Katz, who is minority operator of the Miami Heat NBA franchise, and RK Centers’ common counsel Anthony Pantano did not react to requests for remark. Higher Deck’s lawyer Jason Klein also did not react to a ask for for remark.
The shared parking agreement went into outcome in 1988, 14 decades just before Upper Deck’s entrepreneurs bought the cafe, and 24 several years prior to Katz’s acquisition of RK, in accordance to court docket data. The covenant enables Upper Deck staff and shoppers to use the parking ton amongst 5 p.m. and 4 a.m. 7 times a 7 days without having restrictions.
An difficulty in no way arose with the shared parking agreement following Katz bought the procuring centre, and he gave his consent for the restaurant’s customers to carry on using the whole lot, the lawsuit states.
The parking harmony ended in the tumble.
RK’s Pantano requested that Upper Deck mutually consent to terminating the covenant if the restaurant’s house owners did not prevent blocking some of the parking areas with website traffic cones during normal small business hrs, in accordance to an Oct. 18 letter he sent Upper Deck that is attached to the lawsuit.
A thirty day period later, after Upper Deck’s lawyer responded to RK’s letter that the cafe taken out the visitors cones and required to maintain the covenant in place, Pantano despatched another letter demanding that they end the shared parking agreement. The correspondence, also connected to the lawsuit, points out that RK Sage “has an growing variety of tenants that function dining establishments.” The letter states the dining places simply cannot keep open through dinner hours considering the fact that parking is restricted due to Higher Deck’s clients taking up readily available areas.
Because Upper Deck refused, Katz’s affiliate “took matters into its personal palms in a transparent attempt to strain plaintiff into executing so,” the grievance states. The affiliate place up the fence, allegedly without the need of a permit, and put up symptoms that condition, “No Higher Deck Parking.”
