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Judge: Florida Condo Collapse Victims Will Be Compensated At Least $150M


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Judge: Florida Condo Collapse Victims Will Be Compensated At Least $150M
The sum includes $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property.
CURT ANDERSON
Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing. ....

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Some Surfside Condo Owners Ask For Chance To Rebuild


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Some Surfside Condo Owners Ask For Chance To Rebuild
Law360, Miami (July 21, 2021, 4:41 PM EDT) A group of unit owners at the collapsed Champlain Towers South condominium in Surfside, Florida, told a judge Wednesday they think they can profitably redevelop the site to provide homes for those who want to return, pay out to those who don t, and add money to a fund for victims.
In a weekly hearing on the consolidated litigation over the June 24 condominium collapse, Oren Cytrynbaum, who lived in and owned unit 905, told Miami-Dade Circuit Judge Michael Hanzman that the owners who want to should have the right to work with a developer to rebuild the property and not just. ....

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Stars and Stripes - Judge: $150M initially for victims in Florida condo collapse


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A wooden heart at a makeshift memorial remembers the family of Vishal and Bhavna Patel, who died along with their 1-year-old daughter Aishani, in the collapse of the Champlain Towers South building. (Lynne Sladky)
Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing. ....

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Judge: $150M initially for victims in Florida condo collapse | iNFOnews | Thompson-Okanagan's News Source


Curt Anderson And Kelli Kennedy
Yadira Santos, center, a victim of the Champlain Towers South collapse, speaks to Judge Michael Hanzman about her wishes for the site, during a hearing Wednesday, July 21, 2021, in Miami. Hanzman said victims and families who suffered losses in the collapse of the 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially. (Carl Juste/Miami Herald via AP, Pool)
July 21, 2021 - 8:26 PM
As the remaining rubble from the collapse of a 12-story oceanfront condominium was cleared away Wednesday, a Florida judge said victims and families who suffered losses will get a minimum of $150 million in compensation initially. ....

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Surfside collapse victims to get $150 million initially, judge says


Surfside collapse victims to get $150 million initially, judge says
“The court’s concern has always been the victims here,” the judge said.
 
 
Champlain Towers South tenant Paolo Longobardi, center, listens closely as other residents share their grief and thoughts regarding the future of the Champlain Towers South site during a hearing Wednesday. [ CARL JUSTE | AP ]
Published Yesterday
Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing. ....

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