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Article Courtesy of The Palm
Beach Post
By GRETEL SARMIENTO
Published May 5, 2008
BOCA RATON — Eden developer Boca East, LLC and
Ceebraid-Signal Corporation have been issued subpoenas seeking documents
concerning an investigation by the Economic Crimes Division of the state's
Attorney General's office. The agency said the subpoenas were sent Friday
and this morning, said Sandi Copes, a spokeswoman for the Attorney
General's office.
But Eden project manager Adam Schlesinger wrote in
an email this morning that neither company had received the subpoenas as
of 11 a.m. today.
"Neither Boca East LLC nor Ceebraid Signal
Corporation has been served with subpoenas from the office of the attorney
general, economic crimes division," Schlesinger wrote.
Boca East is already being investigated by the
Florida Department of Business and Professional Regulation for allegedly
breaking state law pertaining to condominiums.
The fact that investigations are underway hasn't
alleviated the current nightmare Eden condominium unit owners say they
have been living. The four buildings at 300 W. Palmetto Park Road that
make up the Eden should have turned into an "oasis" a long time
ago, or so were they told. But the project was never completed.
Instead the developer has submitted new plans
calling for 248 age-restricted units, which city officials anticipate will
be a rental community. The plan may not require city council approval
though, just the planning and zoning board's vote.
And just last week unit owners learned their worst
fear is coming true.
Boca East filed papers to remove two of four
buildings that make up the unfinished Eden project. Many believe that's
the first move to getting the Eden condominium association dissolved. Once
that happens, unit owners will have few rights and will get very little
money for units that cost them a lot four years ago, said Attorney Steven
Platsek, who represents some of them. So far the developer's offer to buy
back their units hasn't materialized, unit owners say.
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