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Deposition of Scott Rothstein re - Trustee Services

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1 was a completed unit, cor<strong>re</strong>ct?<br />

Page 118<br />

2 A. Cor<strong>re</strong>ct.<br />

3 Q. All right. Did you ever assist in the<br />

4 actual demolition or construction <strong>of</strong> any other project<br />

5 with Mr. Tonacchio?<br />

6 A. I invested in projects; he handled all the<br />

7 work.<br />

8 Q. Okay. Did any <strong>of</strong> those projects actually<br />

9 ever proceed?<br />

10 A. One that I was buying into, and I don't know<br />

11 if it culminated or not, you'd have to check the<br />

12 paperwork, was the existing condominium project that I<br />

13 actually walked through with him on one <strong>of</strong> my visits<br />

14 to New York. So that one was in prog<strong>re</strong>ss, but I don't<br />

15 <strong>re</strong>call whether or not that investment ever culminated.<br />

16 The only other one that I specifically<br />

17 <strong>re</strong>member in New York was the project whe<strong>re</strong> we we<strong>re</strong><br />

18 purchasing the gas station property, which we we<strong>re</strong><br />

19 going to develop into a condominium. The <strong>re</strong>st <strong>of</strong> our<br />

20 development conversations and development occur<strong>re</strong>d in<br />

21 the State <strong>of</strong> Florida.<br />

22 Q. And, in fact, you and RRA served as his<br />

23 counsel in connection with various developments he<strong>re</strong><br />

24 in South Florida which you we<strong>re</strong> not an investor in,<br />

25 cor<strong>re</strong>ct?

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