Retirees, A Healthy Condo Has a Flush Reserve Fund

/ Owner - August 9, 2022

Champlain Tower South in Surfside, Fla., was in dire need of repairs when the 40-year-old building partially collapsed in June 2021, killing 98 people. In 2018, an engineer’s report identified significant structural damage, and a tentatively settled class action lawsuit alleges that work on a nearby building destabilized the Champlain structure. But there’s another culprit: the inadequate funding for essential repairs at aging condo buildings — a national problem.    Read the article………………………..

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