A New York judge has tossed a Manhattan lawsuit by Roger Stein's Soho Development that accused Miami-based Two Roads Development of freezing Soho out of the Ocean Club, Four Seasons Residences on Paradise Island. Soho argues the judge swung at the wrong pitch, saying the order addressed an earlier version of the case, and the company has asked the court to recall the ruling. At the heart of the dispute is an alleged 2021 confidentiality and non-circumvention agreement, along with claims that Two Roads used Soho’s predevelopment work and Bahamas contacts without paying for them.
What the judge ruled
Justice Andrea Masley dismissed Soho’s original complaint, finding that the NDA contained “no express promise” that Two Roads would refrain from pursuing the project and calling Soho’s claimed damages “mere speculations.” Soho has asked the court to pull back that order, arguing that Masley ruled on the superseded July 2025 complaint instead of an amended version filed this month, according to The Real Deal.
The backstory
Soho first sued Two Roads in July 2025 after Access Industries brought in Roger Stein to help develop a luxury residential project next to the Ocean Club resort. Soho says it entered into a confidentiality and non-disclosure agreement with Two Roads on July 22, 2021, then shared four years of predevelopment work. The original summons and complaint filed in New York County Supreme Court alleges that Soho supplied conceptual plans, feasibility studies and relationships with local government that Two Roads later used to pursue the Ocean Club project. Those allegations are laid out in detail in the New York filing. Court filing (PDF).
Two Roads' defense
Two Roads moved to dismiss, arguing in court papers that Soho voluntarily walked away from the deal and that any claim for lost profits is purely speculative, labeling the lawsuit an “unabashed money grab.” The company also cited arbitration rulings tied to a separate Bahamas project involving Roger Stein to cast doubt on his version of events. Two Roads managing partner Taylor Collins praised the dismissal as a victory and said the complaint lacked merit, according to The Real Deal.
The Ocean Club project
The Ocean Club, Four Seasons Residences is planned as a 67-unit, waterfront collection of two to four bedroom condominiums and five bedroom villas on roughly 6.2 acres of Paradise Island next to the Four Seasons resort. Four Seasons announced the residences in 2024, and units have been marketed with presales under way and a projected completion timeline listed by the developers. Those details appear in the announcement and regional coverage from Four Seasons and the Caribbean Journal.
Legal implications and what's next
Earlier this year, Soho filed an amended complaint that adds a claim for unjust enrichment and expands on allegations that Two Roads benefited from Soho’s work and Bahamas connections. Those updated claims are described in recent court filings. How the court handles the amended complaint, whether Masley allows it to proceed or finds the same pleading problems, will determine if the dispute moves into discovery or ends on motion practice. Both sides have signaled they are prepared to keep fighting in court, according to reporting by the Miami Herald.
