Written by Miami Today on August 30, 2012
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DC LOBBYING: Miami-Dade commissioners are to vote next week on awarding the county’s Washington lobbying work to four firms for $1,042,000 a year. Current fees to county Washington lobbying firms total $560,000, spread over three of the same firms. Alcalde & Fay was recommended by a county selection committee for double its present annual $150,000; Akerman Senterfitt & Eidson is in line for $150,000, $40,000 more than now; Patton Boggs is recommended for $192,000, up from its present $150,000; and Sandler Travis & Rosenberg, not in the current contract group, is recommended for $400,000. Alcalde & Fay would have Cardenas Partners as a subcontractor. Sandler Travis & Rosenberg proposes as subcontractors Sandler & Travis Trade Advisory Services, Barbour Griffith & Rogers, Becker & Poliakoff and Aviation Strategies and Trade Solutions. Greenberg Traurig, getting $150,000 this year, didn’t seek a new contract.
OLDER RIDES: Miami-Dade commissioners are to vote Sept. 4 on allowing older for-hire autos in the county. Limousines, now retired after five years by law, would get six years. Super-stretch limos would get eight years instead of the current seven. Taxis, now retired after ten years, could stay on the road 11 years.
MACEDONIA MINISTER: The Greater Miami Chamber of Commerce is slated to host Nikola Gruevski, prime minister of the Republic of Macedonia, during a luncheon Friday at the chamber’s offices, 1601 Biscayne Blvd. His speech is titled "Macedonia: European Land of Opportunities." According to the chamber, Macedonia has been ranked sixth among "the world’s best places to start a business" and is gaining a reputation as a trendy and sophisticated market. The event begins at 11:30 a.m. Details: (305) 577-5477.
DISTRESSED ASSETS: LYND, a national real estate investment, development and management company with a Miami office, said it is continuing its strategy of investing in distressed real estate by partnering with Miami Lakes firm Florida Value Partners to acquire 11 multi-family properties in a court-appointed receivership sale brokered by CBRE. The original loan balance was $200 million. The purchase price was not disclosed. "This pretty much followed the model of similar transactions we’ve made over the last couple of years," said A. David Lynch, LYND president and chief operating officer. The properties total 3,241 housing units across seven states: Florida, Georgia, South Carolina, Texas, Virginia, California and Colorado.