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Fences block residents and visitors at Heron Pond, a 304-unit Pembroke Pines condo community in Broward County, Fla. City officials determined the complex was so unsafe that everyone had to ...
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We have known that a time of reckoning was coming since the Herald Editorial Board proposed in July 2021, a month after Surfside, to change state law that allowed condo boards to waive reserves ...
Now, Florida state reforms require reserve and milestone studies and mandate annual contributions to reserves, but they only apply to units that are three stories or higher.
According to the Boston Globe, the list 2,308 properties in October, with the lion’s share — nearly 35 percent, or around 800 properties — in Florida. Show comments Advertisement
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The state's new law, SB 4-D, was adopted after the deadly collapse of the Champlain Tower South in Surfside that killed 98 people in 2021. It requires a "milestone inspection" or an initial ...
In response, many condo owners are opting to sell their units. The Wall Street Journal reported in May that condos for sale in South Florida have doubled since the first quarter of 2023, to 18,000 ...