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The late movie legend's picture-perfect former home is located on a 40-acre property near Lake Geneva. ... A Florida 'condo cliff' is coming as owners deal with fallout from 2021 Surfside collapse.
The Harbour Cay Condominium was a five-story flat plate residential development project in Cocoa Beach (Brevard County, Florida, United States) that collapsed during construction on March 27, 1981. Eleven workers were killed and twenty-seven injured. [2]
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The Florida Legislature passed condo reform legislation in a May 2022 special session as Senate Bill 4-D, addressing issues highlighted in the aftermath of the Surfside collapse. [206] It was modeled on the 40 year recertification [207] scheme. [208] The bill creates a state-wide inspection program for condo buildings taller than three stories.
“Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond.” [30]
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