Daniel Abbott. Photo: Melanie Bell
GSK Hollywood Development Group LLC argued a 65-foot height restriction violated its property rights under state law.
May 08, 2018 at 10:26 AM
1 minute read
South Florida real estate reporter
Hollywood no longer owes $2.58 million to a developer that sued the city for imposing a height restriction that limited a planned condominium to 65 feet, shorter than the previous 150-foot limit.
The Fourth District Court of Appeal reversed a trial court ruling setting damages owed to GSK Hollywood Development LLC for lost development rights after the city shrunk height rules on the company’s property.
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