Plus, the new drought and sinking skyscrapers
Governor DeSantis pushes back against federal plans to allow oil drilling off of Florida’s Gulf Coast, Tallahassee finds itself the drought capital of the nation, and sinking residential towers on barrier islands are …
Likely that pool deck took the building down with it
Years after the tragic 2021 Surfside condo collapse that killed 98 people, a new report from the National Institute of Standards and Technology (NIST) is reinforcing preliminary findings (and videos…
Florida leads the nation with more than 2,800 properties
It’s no secret that Florida’s condominium communities are struggling – a growing, once invisible mortgage blacklist has led to widespread loan denials statewide for some would-be buyers. They include people like …
Plus, the latest theories on the Surfside condo collapse
The Defense Department will no longer share some satellite data used for storm forecasts, the National Weather Service is scrambling to hire more people among a staffing shortfall in the midst …
Relaxed safety standard deadlines meant to ease financial stress
Florida’s condo market has taken a beating since the tragic Surfside building collapse – a development we have covered closely over the last several years. Tougher safety rules, including strict “milestone …
No bailouts as some condo owners hoped
Here at LMA we’ve been closely covering Florida’s ongoing condominium problem and have new developments to report. At issue are state laws passed two years ago that address condo safety by requiring milestone …
The Florida House of Representatives and Senate will convene at 10:30am today (January 27) for a special session called by the Governor. The question around the Capitol for the past two weeks has been will they or won’t they take …
Implications for the next session
One of the issues the Florida Legislature will surely address in its upcoming 2025 session is the ongoing challenge to condominium living. As we’ve reported, many owners are finding themselves between a rock and …
New pressure for a special legislative session
This week I’ll be in Miami to address the first joint meeting of Key Biscayne condominium association presidents and property managers. They’re at ground zero for what some describe as a pending collapse …