Settlement of Lawsuit Between Related Ross and Fort Partners
A lawsuit between Related Ross and Fort Partners has been settled, allowing for the termination of the Harbor Towers & Marina condominium in West Palm Beach.
As a result of the settlement, Fort Partners will own approximately 3.3 acres of waterfront land, located across from President Donald Trump's Mar-a-Lago estate.
Fort Partners, which is known for building Four Seasons Residences, expects to move forward with a condo termination following the settlement.
The settlement is beneficial for residents who want to sell their units, but it negatively impacts some Harbor Towers owners who had signed contracts to sell to Related Ross.
Author's summary: Related Ross settles lawsuit with Fort Partners.