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Design41 Construction On Hold Due To Financing Kerfuffle

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Construction of the building that Curbed Readers named, Design41, is on hold says Asi Cymbal, due to a kerfuffle between Asi and his partner on the project, an entity that was arranging EB5 financing (see EB-5 program) for the project. Even though the financing didn't work out as planned, Asi broke ground anyways, and started construction. The money stopped coming and Asi kept building. Eventually he had to stop, file liens against Design41 to protect his subcontractors, and go to court against the EB5 partner. And that's what is happening now.
· Design41 coverage [Curbed Miami]