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Law Offices of Aaron Resnick’s Lawsuit Against the W Hotel Featured in the New York Times

Posted by Jeremy Resnick | Jan 20, 2014 | 0 Comments

Law Offices of Aaron Resnick's Lawsuit Against the W Hotel Featured in the New York Times

Here is an excerpt from the article:

“The hotel operators sign management contracts, but they don't lock themselves in forever. One day the W South Beach could be a W and the next it could be a Sheraton.

The fine print has created work for lawyers. In June a group of pro football players sued the W South Beach's developer, 2201 Collins Fee (led by Mr. Edelstein), alleging that the developer had used a “sophisticated scheme to lure buyers to the project by using the W name as bait only to sell them a unit that was not in fact a W unit.” The players are looking to get back their deposits.

‘A condo hotel is a very difficult investment strategy,” said Aaron Resnick, a Miami lawyer representing the football players in the suits. “It's not such an easy, simple purchase where you are going to buy and get a rent check every month. It is a lot more complicated than that.'”

About the Author

Jeremy Resnick

Attorney Damien Aranguren is a native Floridian and was raised in Osceola County. Damien graduated with his undergraduate degree from the University of Central Florida in 2004. He received his Juris Doctor degree from Stetson University College of Law in 2008  before being hired as an Assistant A...

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