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C4B-Ref- FCWPC - Request For Rent Relief From Penn 17 LLCMIAMI BEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Matti Herrera Bower and Members of the City C,,ommission FROM: Kathie G. Brooks, Interim City Manage~A DATE: December 12, 2012 SUBJECT: REFERRAL TO THE FINANCE AND CITYWIDE PROJECTS COMMITTEE, A DISCUSSION TO CONSIDER A REQUEST FOR RENT RELIEF FROM PENN 17, LLC., REGARDING THE RETAIL SPACE AT THE PENSYLVANIA AVENUE PARKING GARAGE ADMINISTRATION RECOMMENDATION Refer the item to the Finance and Citywide Projects Committee for discussion. BACKGROUND On April 13, 2011, the Mayor and City Commission passed Resolution No. 2011-27647, approving a Lease Agreement, as amended on February 8, 2012, and June 6, 2012, respectively (the Lease), having a term of nine (9) years and 364 days, between the City and Penn 17, LLC. (Tenant), for use of approximately 7,655 square feet of ground level retail space at the Pennsylvania Avenue Garage, 1661 Pennsylvania Avenue, Miami Beach, Florida, for a restaurant (primary use), with ancillary uses for a bakery, a bar/cafe, and a book and gift shop. On November 15,2012, the City issued a letter putting the Tenant on notice of certain compliance- related issues, including non-payment of rent for the months of October and November. A copy of this letter is included as Attachment A to this memorandum. On November 21, 2012, the City received a resonse letter from Tenant's Legal Counsel, Jeffry Ryner, a copy of which is included as Attachment B. According to letter, the Tenant is requesting rent relief in connection with operational complications resulting from the failure of its air conditioning system. The Tenant alleges that the current location of its air conditioning compressors located between the first and second floor of the garage alongside the entrance ramp is inadequate to support the size units required to cool a restaurant operation of the scale involved in Cooper Avenue. The Tenant further alleges that this issue was not caught or addressed during the permitting of the restaurant's plans and only became an issue once the restaurant became operational. They say that the only solution to resolving what has become a crisis situation for the Tenant, is to relocate all eight compressors to the roof of the garage. Initially, there was concern that the only way to do this was to penetrate the slabs through to the roof in order to run the condensate lines and other necessary conduit. The Architect has since determined that the vertical opening between the two shear walls at the center of the garage have enough room to run the air conditioning lines clear to the roof. It should further be noted that the compressors, because of their size and weight, as well as spacing requirements, will occupy five roof-top parking spaces. Since resolving the air conditioning problem is critical to the restaurant's immediate operation, the Administration has been working with the Tenant to facilitate the planning and permitting for the Agenda Item C{{.8 52 Date J¢-~0-12 FCWPC Referral-Request from Penn 17, LLC., for additional rent relief Commission Memorandum December 12, 2012 Page 2 of 2 relocation of the compressors. However, the Tenant believes the City should be responsible for sharing in the cost of relocating the compressors, as well as mitigating the impact to its business, citing that the current location for the units was designated by the architect of the garage and required as a location by the City during the permitting process. The Administration and the City Attorney's Office's response to Attachment B is also included for your reference as Attachment C. In the meantime, the Administration is requesting input from the City's Finance and Citywide Projects Committee as to the Tenant's requests outlined in the letter. CONCLUSION The Administration recommends that the Mayor and the City Commission refer the matter to the Finance and Citywide Projects Committee for discussion and further direction. T:\AGENDA\2012\12-12-12\Referral to FCWPC Cooper Ave.doc 53 BE H City of Miami Beach, 1700 Convention Center Drive, Miurni Boo~ h. florida 33139, www.miamibeachA.gov REAL ESTATE, HOUSING & COMMUNITY DEVELOPMENT lei: 673-7193-673-7033 BY CERTIFIED MAIL RETURN RECEIPT REQUESTED November 15, 2012 Amir Ben Zion Managing Member Penn 17, LLC 1661 Pennsylvania Avenue, Suite 6 Miami Beach, FL 33139 Mr. Ben-Zion: The purpose of this letter is to make you aware of a number of issues requiring immediate attention concerning your Lease at the Pennsylvania Avenue Garage as follows: 1. Rent Payment -We have been informed by the Finance Department that the check you on October 8, 2012, in amount of $60,259.99, in payment for October's rent has returned by the a bank due to a stop-payment Additionally, we have not received a rent payment for the month of November either. be aware that pursuant to Article 9.1 of the failure to remit Rent when due, whether or not any notice or demand for payment has been made by Landlord, you in default of the The Article further provides that should fail to remedy such default within (5) days of Landlord's written notice, the Landlord reserves its rights to pursue the remedies set forth in Section 9.2 of the Agreement current amount outstanding, including penalties and charges are provided in the following table. October November Total Due: Date Due Base Rent CAM 10/14/2012 $ 47,843.75 $ 8,474.00 11/14/2012 $47,843.75 s 8,474.00 $ 95,687.50 $ 16,948.00 Penalties {1) Addt'l Fees(:Z) $ 3,660.65 $ 25.00 $ $ $ 3,660.65 $ 25.00 Sales Tax $ 4,198.49 $ 3,942.24 $ 8,140.73 Note (l) -5% of past due amount(s) plus 1.5% of any amount past due by more than 15 days Note (l) -Bonk fee for returned check Total Due s 64,201.89 $ 60,259.99 2. Expiration of your Temporary Certificate of Occupancy (TCO)-We have been notified by the Department TCO #12276 that was issued on September 24, 2012 for your Lease Premises expired on November 8, 2012. It is critical that you immediate action to apply for an extension or risk being shut down. 54 Amir Ben Zion Penn 17, LLC November 15, 2012 Page 2 of 2 Additionally, while not as critical as first two issues, I would to take this opportunity to remind you that certain deliverables also remain outstanding concerning the close-out of construction at the Premises as follows: 3. Tenant's Construction Obligations -Section 5.2(j) of your requires that upon "Substantial Completion" of Tenant's Work and approval of the Premises for use and occupancy by the appropriate governmental authorities, the Tenant shall furnish the Landlord with the following: • a certificate of use and/or occupancy issued by the City and other evidence satisfactory to Landlord that Tenant has obtained the governmental approvals necessary to permit occupancy; • a notarized affidavit from Tenant's contractor(s) that all amounts due for work materials furnished in completing Tenant's work have been paid for; • releases of lien from any subcontractor or material supplier that has given Landlord a Notice to Owner pursuant to Florida Law see attached copy of one such Notice issued by Atlantic Shutters, Inc); and • as-built drawing of the Premises, with a list and description of all work performed by the contractors, subcontractors and material suppliers. 4. Tenant's Construction Deposit-Section 5.2(n) of your Lease requires that Construction Deposit, (as provided for in the Agreement included as Exhibit F to your Lease), shall not be reduced to less than $50,000, until time that the Tenant's work has been substantially completed, as determined by the Landlord, in its sole and reasonable discretion. The Agreement further provides that such remaining Construction Deposit balance shall not be released until the City issued a final Certificate Occupancy (CO), with proofthat all permits have been closed, together with final lien waivers and contractor's affidavit reflecting that all contractors, subcontractors, laborers and material men have been paid in full. Since time is the essence, please remit payment of past due rent, penalties and additional fees in the amount of as in the above table, and provide us with responses to items 2 through 4 this letter, by no later than end of business on m~~~(L In the event that the Landlord does not receive payment your will refer this matter to the Legal Department for further action. govern yourself accordingly. Anna Parekh Director C: Kathie Brooks, Interim City Manager Max Sklar, Acting Assistant City Manager Raul Aguila, Assistant City Attorney Kent 0. Bonde, Redevelopment Coordinator Attachment F:!$Aii\RHCD\Asset\PennsylvanJeAve Garage Lesses\Penn 17, LLC!Lelter of Notice Nov 15.doc 55 by the we 301 Arthur Godfrey Rd Penthouse Miami Beach Fl 33140 T 305.358.0050 F 305.358.0550 www.mitrani.com Fort lauderdale Office 2400 N Commerce Pkwy Suite 302 Weston FL 33326 A. Rynor Ln:nor(i.vmitroni .com MIT I RYNOR ADAMSKY TOLAND ATTORNEYS November 21,2012 FACSIMILE and 305.673.7002 U.S. MAIL Jorge Gomez HM Kathie G. Brooks City Manager City of Miami Beach Asst. City Manager jorgegomez(ij).miamibeachf1.gov 1700 Convention Center Dr. Miami FL 33139 Max Sklar Acting Asst. City Manager maxsklar(~miamibeachfl.gov The Zion Group-AVENUE RESTAURANT Dear Ms. Books, Mr. Gomez and Mr. Sklar: As you know, I represent The Ben Zion Group regarding Restaurant adjacent to Lincoln Road. Cooper A venue The Ben Zion Group is an extremely successful and experienced restaurant/hotel operator that has achieved well recognized success Miami and Miami Beach for over ten years. The Town House Hotel, Bond restaurant, Gigi restaurant, Bardot night club and South Street restaurant are a testament to the Group's genius. The Group's restaurant design concepts embrace functionality and are visually spectacular and complement their culinary artistry. Unfortunately, opening of Cooper Avenue beginning on October 2012 has been completely compromised due to very serious air conditioning problems. We have out to the City of Miami Beach to facilitate solutions, whereby the air conditioning units can be re-positioned in the Garage, so that they can operate effectively. The issue is very time sensitive because large portions of the restaurant experience 82 to 85 degree temperatures. Thus eliminates the ability of the bakery to properly operate, compromises working conditions the kitchen and creates an uncomfortable environment for the patrons who may never 56 City Manager's Office City ofMiami Beach Nov. 21, 2012 Page 2 MITRANI RY OR ADAMSKY T LAND ATTO E Y S return. Instead of Restaurant focusing on the client experience, it is dealing with customer service issues, high employee turnover and exhaustion. It is axiomatic, that you never get a second chance to make a first impression. The Group's professional team, despite their best efforts, cannot make sweating while eating out, a pleasant experience. Cooper A venue is fully invested in the success of the restaurant. The original budget was $3.4 million, but $5 million was invested to build the restaurant possible. During the due diligence period, Cooper A venue conducted several meetings with the City Miami Beach. The City made it very clear that the air conditioning units were required to be placed on the lower floor ramp and specifically were not approved to be set on the roof, due to the City's design restrictions. Today, although the City has agreed to fully cooperate and allow the movement of conditioning units, the process is still moving slowly. As a result, the same issues that were complained about in October are still present today and have continued to substantially undermine the success of the Restaurant. The air conditioning cannot handle more than a minimum of customers and therefore the initial opening, instead of providing a foundation for success has become an on-going saga of failure, through no fault of Cooper Avenue. Cooper A venue is trying very hard to survive, but the financial burden is being placed entirely on its shoulders. Cooper A venue has been pouring significant amounts of money into operating expenses to overcome the air conditioning failure. We are also exploring the legal liability of all of our contractors. We are requesting that the City work with Cooper A venue so that we can create a win- win situation. Therefore, we request the following: • The security deposit be applied to the October, November and December rent. We are simply asking that the escrow deposit be expedited to cover these three months of rent. As you know, these funds are designated already to act as a credit at the end of the second and third year. • Beginning January, 2013 that Cooper Avenue provided a fifty (50%) rent abatement for twelve (12) months. This will allow City to participate in ameliorating some of the issues associated with the air conditioning. 57 City Manager's Office City of Miami Beach Nov. 21,2012 Page 3 MITRANI RYN R A AMSKY T LA A TORNEYS • The cost to move exhaust and air conditioning will shared by the parties through good faith negotiations, and help facilitate a resolution with the New World Symphony. the length of the lease, the obvious upgrade the Restaurant provides to Lincoln Road and favorable impression the Restaurant will make, once the air conditioning is fixed, its survival benefits everyone. This is a matter. Therefore we are requesting to be placed on City of Miami Beach December commission meeting agenda. Kindly respond to me by Wednesday November hearing from you. Very truly yours, Jeffrey A. Rynor Jeffrey A. Rynor 58 2012. I look forward to THIS PAGE INTENTIONALLY LEFT BLANK 59