Paramount Bay

Paramount Bay is a 47-story luxury waterfront condominium development located at 2066 N. Bayshore Drive in the Biscayne corridor. The 347-unit condominium sits at the edge of both Biscayne Bay and a public park. Andrew Hellinger was appointed a receiver of the project during the recession. URBAN-X was responsible for repairing problems with the construction and maintenance of the building, completing the unfinished amenities and common areas, obtaining a certificate of occupancy and creating a condominium association. Despite the challenge, URBAN-X led the building to a successful sell-out while managing litigation involving sale contracts and construction disputes originated before his appointment as receiver.