HomeMy WebLinkAboutSubmittal-City Manager-Letter from Tate Capital re-Daniel RotenbergSubmitted into the public c {� t
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MI I MINon City Clerk
Tate Capital, LLC
1175 NE 125th Street • Suite 102 • North Miami, Florida 33161
(305) 891-1107 • fax (305) 891-2577
June 7, 2016
Honorable Mayor and Commissioners
City of Miami
3500 Pan American Drive
Miami, Florida, 33133
Re: Daniel Rotenberg
Dear Honorable Mayor and Commissioners:
It has come to my attention that there may have been allegations that some type of conflict of
interest may have arisen from Daniel Rotenberg's previous employment with Tate Capital and
our current business relationship with the Christophs. As the facts below make clear, there is
absolutely no truth to these allegations.
Daniel Rotenberg worked for Tate Capital Real Estate Solutions, LLC (with payroll from Tate
Development Corporation) from December 15, 2009 to September 28, 2012, at which time he
left to pursue other opportunities. Tate Capital Real Estate Solutions, LLC was closed in
December 2012 and Tate Capital, LLC was subsequently formed. Neither Daniel nor his
companies are currently doing any business or have an ongoing relationship with my companies.
To the best of my recollection, I have not spoken to Daniel since he took employment at the City
of Miami other than possibly on a personal level to ask how he liked working for the City shortly
after he took the job.
It was not until 2014, almost two years after Daniel left, when our organization began to do
business with the Christophs leading to the formation of our current venture owning, operating
and undertaking the redevelopment of the Bahia Mar in Ft. Lauderdale, Florida.
Hence, there was no overlap and a substantial period of time elapsed between Daniel's
employment with our company and the beginning of the formation of our relationship with the
Christophs. There simply is no conflict of interest.
Sincerely,
Tate Capital, LLC
James D. Tate
President
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