Codina Partners’ legal
bill from fighting Grycon keeps rising, now hitting $12
million after losing an appeal.
Coral Gables-based Codina, led by Chairman Armando Codina
and CEO Ana-Marie Codina Barlick, had contested a lower
court’s $7.8 million verdict in favor of Fort
Lauderdale-based Grycon.
The Third District Court of Appeals last week affirmed
Miami-Dade Circuit Court Judge William Thomas’ 2022 ruling
that Codina wrongfully terminated Grycon as the general
contractor for 5350 Park, a 251-unit condominium at 5350
Northwest 84th Avenue, and adjacent garage in Doral. The
19-story tower is within Downtown Doral, a master-planned
mixed-use development by Codina.
In 2020, Grycon sued the Codina affiliate that developed
5350 Park shortly after the construction firm was fired on
the same day that the building obtained a certificate of
occupancy. At the time, Grycon alleged it was owed $4.1
million in unpaid work, the lawsuit states.
In addition to the $7.8 million, the appeals court awarded
Grycon another roughly $4.2 million for the company’s legal
fees, court records show.
In a statement, Armando Codina said his firm is “reviewing
all our alternatives and available legal options.”
“In reading the [appeals] court’s opinion, it’s difficult to
understand why they would cite previously unrelated cases
without approaching the merits of our case in an independent
and objective manner,” Armando Codina said. “In my four
decades as a real estate developer, I have never been
involved in a commercial litigation.”
The Codina affiliate also has a pending countersuit against
Grycon in Miami-Dade Circuit Court that was stayed pending
the outcome of the appeal, court records show.
Suing Codina was also a first for his company, Grycon
President Eric Montes de Oca said in a statement.
“This lawsuit was the first time Grycon has ever had to
pursue a final payment through the judicial system for a job
we and our subcontractors had completed,” Montes de Oca
said. “The appellate court’s unanimous opinion affirming the
ruling of the trial judge represents total vindication of
our people and our work. We trusted the system and it
worked.”
Stuart Sobel, Grycon’s attorney, said Codina didn’t have
“much ground” for filing an appeal. “This should never have
gone this far,” Sobel said. “We tried to resolve this [long]
before we filed a lawsuit, as well as during and after the
trial. We couldn’t get any traction.”
In his ruling, Thomas cited testimony and evidence during
the non-jury trial that showed Grycon had substantially
completed the condo project because 5350 Park received its
certificate of occupancy, and unit closings had begun months
before the building was ready for use.