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At the Palm Bay Yacht Club, condo owners were told they would need to pay for a $33 million construction project, prompting a group of residents to sue the condo board, the building management ...
A $21 million special assessment fee has outraged residents of two 16-year-old buildings at 1060 Brickell in Miami, Florida, with some unit owners facing individual bills exceeding $40,000.
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 ...
Not surprisingly, condo listings are up across the state of Florida. According to Florida Realtors, as of November 2024, new listings of condos and townhouses rose by 5.5% year-over-year. And ...
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As condo lawyer Ryan Poliakoff told the Herald Editorial Board, many condos “were living off borrowed money.” Costly choices made 10, 15, 20 years ago to waive a rainy-day fund will now come ...
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 ...
The WSJ reported condo inventory for sale in South Florida has more than doubled since the first quarter of 2023, to more than 18,000 units today, due to either rising insurance costs or repair ...