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12 Story Condo Building Collapses in FL

Discussion in 'BBS Hangout' started by rocketsjudoka, Jun 24, 2021.

  1. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    plutoblue11 likes this.
  2. KingCheetah

    KingCheetah Contributing Member

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    DeSantis is team sinkhole.
     
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  3. Smokey

    Smokey Contributing Member

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    Getting back to HOAs, who is going to want to volunteer to serve on a board now? The HOA is the homeowners - so basically you’re suing yourself unless you’re suing the board individually.

    Hindsight is 20/20. I don’t think anyone foresaw a collapse. If the board thought there would be a total failure I’m sure they would have acted earlier.
     
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  4. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    The HOA neglected to do any maintenance for over a decade. They had an inspection that called for $15 million of repairs just 2 years ago. They are completely at fault but the inspector did say the building was safe so it's pure greed and arrogance.
     
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  5. Roscoe Arbuckle

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    They rarely, if ever do. I've been watching "Fascinating Horror" on Youtube. A lot of interesting disaster stories on there.

     
  6. Air Langhi

    Air Langhi Contributing Member

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    If your condo was 300k and repair would have been 100k and the value of the condo would still be 300k would you do the repair or just foreclose?
     
  7. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    You repair. Once you make the repairs you add value. I'm sure the appraisals accounted for the neglect.
     
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  8. Blatz

    Blatz Contributing Member

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    Knowing how the POA (criminals) works in my mom's lakeside community the inspector is or was friends with someone on the board.
     
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  9. J.R.

    J.R. Member

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  10. PhiSlammaJamma

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    The architectural report insisted that tenants would refuse to live or work on the 13th floor, so it was omitted on account it would be bad luck.
     
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  11. Ubiquitin

    Ubiquitin Contributing Member
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  12. Ubiquitin

    Ubiquitin Contributing Member
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  13. davidio840

    davidio840 Contributing Member

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    Dang so they are going to demolish what’s left of the building today. So the lucky ones in the section that is still standing, will lose everything. Such a sad situation all around.
     
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  14. jiggyfly

    jiggyfly Member

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    How does that work insurance wise?

    Do they have hope for compensation?
     
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  15. Smokey

    Smokey Contributing Member

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    It was inevitable. There’s no way the remaining structure would be deemed safe and/or saved.

    The saddest part is unspoken for what the demolition means. May everyone be recovered to provide their families with peace and comfort.
     
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  16. PhiSlammaJamma

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    Don't know the first thing about the insurance issue, but would think the condo company's insurance has to pay, but how much will likely be in contention. Demolition is something most owners or renters never even consider. I wouldn't. But this is national news, so I would think the insurance company will just pay out quickly and get it behind them.
     
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  17. davidio840

    davidio840 Contributing Member

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    That’s a good question and I have no idea. I’d have to assume the families and/or victims relatives that lived there would at least have a opportunity to itemize out their belongings with a monetary value. I can only imagine there will be a lot of money coming from somewhere where it’s insurance or lawsuits.
     
  18. ThatBoyNick

    ThatBoyNick Member

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  19. KingCheetah

    KingCheetah Contributing Member

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    Sinkhole don't care about your research and planning.
     
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  20. ThatBoyNick

    ThatBoyNick Member

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    Do those even exist

    Just propaganda to get people to give up their freedom and pay more taxes smh
     
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