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Statewide, the number of condos on the market has increased 23% over the past six months while prices are down 4.5%, according to an NBC News analysis of data from Redfin.
Homeowners in the Villas of Carillon townhome community of Feather Sound, Florida are trying to wrap their heads around a request from their homeowners association board for a $60,000 special ...
Lake Clarke Gardens condominiums, built in 1966, is a 55-plus community consisting of 855 units. The 55-acre community has two swimming pools, two saunas and an auditorium.
On June 24, 2021, the day of the collapse, a lawsuit was filed in Miami Dade Circuit Court by a resident of the building against the Champlain Towers South Condominium Association, seeking $5 million in damages "due to defendant's acts and omissions and their failure to properly protect the lives and property of plaintiff and class members". [168]
The concrete slabs were only 8 inches (200 mm) thick and should have been 11 inches (280 mm) thick to satisfy the American Concrete Institute's Building Code minimum. The plastic chair spacers used to support the slab steel were 4 + 1 ⁄ 4 inches (110 mm) high (not high enough to match the design intent), which coupled with the thin slabs led ...
Per the new Florida law, all three-story-plus condo buildings and at least 30 years old must undergo a mandatory engineering assessment before Dec. 31, 2024. Condo associations must also shore up ...
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At the time, nearly 50 percent of the condominium units had been sold, with prices between $300,000 and $500,000. A penthouse was offered at a price of $1.8 million. [24] Less than 10 units were sold in 1989. [22] As of April 1990, occupancy was still at 50 percent, while a planned restaurant and upscale shops had failed to materialize. [1]