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Old 07-04-2021, 11:09 AM   #104
Chief Pagan Chief Pagan is offline
Sometimes it's black and white
 
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Join Date: Nov 2004
Location: California
Casino cash: $3424900
Quote:
Originally Posted by BigRedChief View Post
Condos around here built after the mid-90's and Hurricane Andrew are the safest places to be in a hurricane.

These older ones are vulnerable to shoddy work and corruption. And as in this case, if its a big repair bill that the current owners have to fix, they keep putting it off because of the cost.

I'd see some new regulations coming out of this that the structural concerns/repairs/ must be resolved within "X" amount of time or they must vacate the building.
https://www.nytimes.com/2021/07/03/u...-collapse.html

Spoiler!


Interesting NYT article about their struggle to agree to agree to all the special assessment charges to pay for repairs. It's paywall. I'm not sure but maybe NYT's still allows a few free articles a month?

Edited: It's looks like you have to register to get your free articles. I put part of the article in behind a spoiler.

But unless the state\city\county gets more active, who is going to force the association to set aside the money and do timely repairs?

Floridians aren't really in love with having the government telling them what they have to do.
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Last edited by Chief Pagan; 07-04-2021 at 11:28 AM..
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