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CNN Cuomo Prime Time June 4, 2024 05:26:00

Happened to this particular building. there is other building out there with engineering reports as they near their 40-year certification that reveal more drastic spalling and pitting, delapidation, rebar corrosion. we need to figure out what were all the factors that went into making this building fall, and we need to figure out exactly what happened. there s time to do that. right now, my board, we ve been focusing the board of directors is focusing we still have an active rescue mission going on. the board hasn t lost hope that some of these people might be found. we have lots of years to dig into what happened and we re going to. the board is already in the process of hiring an engineer to also try to figure out what happened, and they will be evaluating who s responsible. yeah. look, i don t nona the building is the right one to do it. i do think it should be a government oversight. i think that the community is concerned. ....

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CNN Cuomo Prime Time June 4, 2024 05:28:00

But to answer your question, the scope of the work again, a building like this, a 12-story building on a barrier island that s 40 years old is going to need a lot of work. it wasn t very large special assessment. perhaps if there had been reserves over the years, that assessment would have been lower. but guess who waives reserves, chris. it is not the board. under florida law the board has to create a schedule, a reserve with operating budget with reserves. but it s up to the members. and a majority of members can vote to waive reserves each year. and far too many communities we have voters voting to remove reserves each year so much so that the florida legislature mandated there be material so owners understand if they continue to fail it s going to subject them to large assessments like the ones we saw here. i understand. ....

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CNN Cuomo Prime Time June 4, 2024 01:04:00

Risk of collapse, which means that language that would scare you or me didn t scare the people who were doing the appraising. and we know that town officials reviewed the report and told the board, quote, it appears the building is in very good shape. so, two possibilities. one, they don t know what the hell they re talking about and didn t read the report, or two, they do. and this doesn t mean what is as incendiary as how it s feeling. so, you have to think about that. there are a lot of people digging up information, including this 2015 lawsuit filed by a resident of the building. the suit was about an exterior wall. we see echos of the 2018 report. balconies in need of repair. is that unusual? listen to this engineer. i saw cracks in the stucco facade. i saw deterioration of the concrete balconies. i saw cracks and deterioration of the garage and plaza level, but those are all things we re ....

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CNN Cuomo Prime Time June 4, 2024 01:11:00

Power to approve it, but if a board does not like the fees or does not have a budgetary has budgetary constraints, they re just going to go with another engineer that s cheaper that may not be as qualified. unfortunately i don t think we have a properly vetted group of engineers that have the standardized process for exactly what to look for and maybe not let the associations have too much power deciding who. if i don t like you, your fees or you re going to make me make too much corrections, i m going to go with somebody else who s going to be willing to meet my budgetary constraints. i hear you. you know more about this than i do obviously. a couple points to push back would be one, we don t know that happened here. we don t. and two, i don t know why if i were sitting on the condo board, hyphaeigh fees, sure i c ....

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CNN Cuomo Prime Time June 4, 2024 05:29:00

I think things are going to change. i don t know about the cash collateral you need versus any kind of expected expenditures. but in term of inspections, frequency and reporting requirements of what are in them, i think things are going to change and probably not a bad idea. but let s do this. i m also not doing this for sport. so, donna, as i find out more things that are relevant for our consideration and response from the board, i ll come bah to you. and i appreciate you giving us the answers. and i know, as you can imagine, the families appreciate it. happy to do so, and our hearts go out to everybody, chris. donna burger, thank you very much. thank you. it s a nightmare scenario. we ve only had one happen, okay? but we turn to another one ahead, all right? we have to look at how government handles things in these situations. that s going to be an issue in florida. i guarantee it. and it was a huge issue on what we just lived through collectively with this pandemic. ....

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