Real estate mogul Donald Trump has pulled out of a proposed $300 million, 52-story condominium project in Tampa Bay and has sued the developer, according to a U.S. District Court filing. Trump claims in the lawsuit that SimDag, LLC owes him more than $1 million in unpaid licensing fees. He's also ordered developers to stop using his name on the project. Construction on the property hit a snag last November, and no timetable to resume has been established.
http://www.realestate-jacksonvilleflorida.com/economy-news-information-articles.html
Friday, June 8, 2007
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