Community Association Headline News

Surfside condo collapse investigators provide key insights into possible causes of the disaster. Here are the top takeaways (FL)

Wed, 17 Apr 2024 17:06:12 +0000

Federal investigators on Thursday shared updates on their probe into the cause of the catastrophic 2021 condominium collapse in Surfside, Florida, providing key insights into the factors that may have led to the deaths of 98 people under a mountain of rubble. Investigators have identified hundreds of possible points of failure in the building, eventually narrowing down about two dozen hypotheses of what could have triggered the collapse, officials with the National Institute of Standards and Technology said in a presentation on their progress. Read the article…………………………….

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Condo roofs are becoming nesting sites for threatened shorebirds. Here’s why. (FL)

Wed, 17 Apr 2024 13:20:00 +0000

As Florida’s wild natural beaches have become more and more scarce, beachside buildings with gravel rooftops have multiplied by the thousands. Shorebirds that nest in the sand have had to adapt. Several species, including black skimmers, least terns, roseate terns and American oystercatchers, have taken to nesting on the plentiful gravel rooftops of buildings near the waterfront. Read the article…………………………….

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Developers pay $102 million for Naples waterfront condo community (FL)

Wed, 17 Apr 2024 00:28:56 +0000

A pair of Florida developers have bought a 2.5-acre beachfront property near the Naples Beach Club and plan to build a luxury condominium tower on the site. BH Group and the Kolter Group, both from South Florida, paid $102.6 million for the property — which has 200 feet of beach frontage Read the article…………………………….

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Condo advisor lays out how Florida’s market got so dire

Tue, 16 Apr 2024 14:19:08 +0000

In the wake of a 2021 Florida law, condo owners are facing a variety of new requirements and potentially massive fees. Following the collapse of Champlain Tower in Surfside, the legislature passed a statute requiring, among other things, that buildings over 30 years old (20 years on the coasts) be inspected and collect reserve capital from owners in order to make repairs. In some cases, these could result in assessments as high as $100,000 over the next year for individual owners. Read the article…………………………….

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State legislators, Doral Mayor to have conference on new condo laws, issues (FL)

Sat, 13 Apr 2024 13:15:38 +0000

Florida State State Reps. David Borrero and Juan Carlos Porras and Miami-Dade State Attorney Assistant State Attorney John Perikles, division chief of the economic crimes unit, and Sgt. Carlos Luffi of the Miami-Dade Police economic crimes will participate in a day-long “information session” at the Doral Cultural Arts Center. Read the article…………………………….

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HOA Q&A: Is a ‘capital contribution’ of hundreds of dollars charged to new owners legal? (FL)

Sat, 13 Apr 2024 13:05:35 +0000

Q: The board of my condo association, which has over 400 units, has been charging and collecting a fee of around $900 from all new owners when they buy a unit and the fee is categorized as a “capital contribution.” Is such a capital contribution allowed under the Florida Condominium Act? Read the Q&A………………………………..

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Urgent fix needed for South Florida condo owners as climate threatens structures

Fri, 12 Apr 2024 14:15:22 +0000

Florida condominium owners are getting buffeted from every direction, and it’s starting to hurt. Flooding, hurricanes, soaring insurance premiums, and now a new state law designed to protect residents physically but which could kill them financially, are intensifying into a powerful storm of consequences of past inaction. Read the article…………………………….

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“It’s ridiculous”: Five days & counting, but no power for some Collier condos (FL)

Fri, 12 Apr 2024 14:12:23 +0000

At least 16 units in an apartment complex in Collier County have been without power for nearly a week, leaving residents coping with lost food and increasing Florida humidity, and no electricity. Read the article…………………………….

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