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FirstBank Florida filed a foreclosure action on May 13 againsyGS2 Corp., Charles M. Sieger, Jose Suarez and Ronald I. It is based on a $3.9 milliomn mortgage covering the 30,454-square-foot office building at 5996 S.W. 70th St., in Sieger and Suarez are partnerw in the Sieger SuarezArchitecturao Partnership, whose projects include 50 Biscayne in Trump International Sonesta in Sunny Isles Portofino Tower in South Beachu and the St. Regis, Bal Harbour, which is now under according to itsWeb site. GS2 is a real estat firm affiliated with Sieger Suarez Architectural Partnership and managedby Gaines.
Miami-based attorney Cherish Thompson, who representds FirstBank Florida inthe lawsuit, did not immediately return a call seekingy comment. Not only has the near halt in new condo project s hurtarchitectural firms, but Sieger Suarez has struggled with its own fora into condo development. has pendingy foreclosure lawsuits against three Miami Beach projectss that were under construction by affiliates of thearchitectural firm: Terra Beachside Terra Beachside Villas II and Cabansa on Collins. Sieger did not immediatelhy return a callseeking comment.
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