Macabre News - Retire in an Old South Florida Condo, funeral expenses is not required

[Lake X Kid]

Macabre News - your old residence can also be your funeral site.

I do not want to offend one's sensibilities, but the harsh circumstances developed into a grave-site reality.
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The building in Surfside, built in 1982, was going through its 40-year recertification.

That process requires an engineer to ensure the building’s structural and electrical safety, and it can often reveal the need for costly repairs. The engineering report given to Champlain Towers indicated that the condo needed millions of dollars in repairs to fix “major structural damage” to the concrete slabs under the building’s pool deck and entrance drive, documents showed.

~~~
Real estate values in South Florida (and probably elsewhere) is being reassessed.

https://www.yahoo.com/news/condo-col...rc=fp_deeplink

[Lake X Kid]

Miami-Dade Courthouse closed, due to structural cracks and analysis.

https://news.yahoo.com/miami-dade-co...223703591.html

[powerabout]

so who was the contractor/engineer/architect of the Miami building?

[Li'l Toy]

Built in '82. Developer is dead, contractor, architect and engineer likely out of business and/or dead. Legal fight over this mess will keep lawyers busy for decades, and in the end there simply is not enough money or insurance to scratch the surface of the tragic losses there. Keep in mind that, in addition to what will probably be around 140 dead and the condos lost in the collapse, the rest of the building was imploded for the safety of the rescue crews, with no ability for owners to go in and get anything.

[powerabout]

Built in '82. Developer is dead, contractor, architect and engineer likely out of business and/or dead. Legal fight over this mess will keep lawyers busy for decades, and in the end there simply is not enough money or insurance to scratch the surface of the tragic losses there. Keep in mind that, in addition to what will probably be around 140 dead and the condos lost in the collapse, the rest of the building was imploded for the safety of the rescue crews, with no ability for owners to go in and get anything.

these guys will find them..
https://www.wiesenthal.com/

[FUJIMO]

Built in '82. Developer is dead, contractor, architect and engineer likely out of business and/or dead. Legal fight over this mess will keep lawyers busy for decades, and in the end there simply is not enough money or insurance to scratch the surface of the tragic losses there. Keep in mind that, in addition to what will probably be around 140 dead and the condos lost in the collapse, the rest of the building was imploded for the safety of the rescue crews, with no ability for owners to go in and get anything.

...agreed. best law suits, and the first successful one needs to set a precedent, will be towards the city/county & state...

[Li'l Toy]

Powerabout--yup, they could, but no legal remedies left against anybody involved in the design and construction, Statute of Limitations and even more effective Statute of Repose ran out many, many years ago. And far be it for me to suggest that the Weisenthal Center ever employed any remedies other than legal ones....

Fujimo--Not much you can do against the City or County regarding building inspection or plan approval. They are basically immune. And again, anything relating to the actual design and construction is long since gone because of Limitations and Repose. Might be able to make some type of claim against the City for the idiot person from the Building Department who, after the Morabito report, told the condo that they had nothing to worry about and their building was safe. But the limit for such a claim, if it succeeds, is $250,000 absent a special claims bill from the legislature that is unlikely. And, as a result of Marjorie Stoneman Douglass, a court has ruled that one incident is one claim for purposes of insurance limits, not a separate claim for each person or owner who died or had a loss.

I am sure there will be a claim against Morabito for not being more insistent or dire in his 2018 report. We can argue until the cows come home whether he should have been, but that won't matter--he likely has a $250,000 policy (common for design professionals), but even if it is a mil the insurer will likely dump that yesterday in the face of hundreds of millions in claims.

It will be interesting to see what comes out regarding the actions of the condo--board and members--between 2018 and the death of so many people. I suspect we will find a ton of infighting and opposition to any repair, given the size of the assessments to pay for it.

[powerabout]

What will this do to the insurance of high rises?
They might all be ready to fall down or the ones built by the designers or builders of this one.
Will be interesting to see if it was built to design and if the design was correct?

I wonder how many of those tenants have boats that outlasted their apartments?

[Li'l Toy]

What will this do to the insurance of high rises?
They might all be ready to fall down or the ones built by the designers or builders of this one.
Will be interesting to see if it was built to design and if the design was correct?

I wonder how many of those tenants have boats that outlasted their apartments?

Even in this ridiculous real estate market, I bet this craters the value of any older high rise condo, particularly on the ocean, in South Florida. And people will panic if they see any little evidence of spalling, which, within reason, is typical of a concrete building.

[FUJIMO]

...pat, thats why i said the first case has to set a precedent & be successful. having a drink with my friend roy black later & will see if there's anything there...

[powerabout]

Even in this ridiculous real estate market, I bet this craters the value of any older high rise condo, particularly on the ocean, in South Florida. And people will panic if they see any little evidence of spalling, which, within reason, is typical of a concrete building.

You can build concrete building right...
One of my late uncles, retired to the Gold Coast in Queensland Australia, (he was a Mech Eng) he watched a hotel built on the beach in the 50's being pulled down 20 years ago, hotel had survived 2 hurricanes/cylones etc.
He said every piece of reo was as shiny as the day it went in.