A Downtown Miami brokerage deal involving luxury powerhouse LVMH has spilled out of the boardroom and into Miami-Dade Circuit Court, with agent Robert Festinger accusing his former partner of cutting him out of a hefty commission tied to a lease renewal at 100 North Biscayne.
Festinger has sued Carvalho Commercial Real Estate and its CEO, Luciana Carvalho, claiming his ex and one-time professional partner shut him out of a promised share of the brokerage fee on LVMH’s renewal of roughly 30,000 square feet on a seven-year term. The complaint pegs the gross commission at an estimated $425,000 and says Festinger was promised a “fair and reasonable” slice of that payday.
According to the suit, Festinger spent months working on the renewal but never received a written contractor agreement before the personal and professional relationship ended…