As we continue our series on South Florida’s housing crisis, tonight we focus on condos. Some of the estimated 3.5 million Floridians living in condo units face a perfect storm of financial problems, with no easy fix.
David Podein, attorney, Haber Law: “I think it is a dire situation on the horizon.”
Condo law attorneys David Podein and Jonathan Goldstein are sounding the alarm.
David Podein: “Between skyrocketing insurance costs, the huge capital needs for the structural repairs and the mandatory reserve funding, we felt that there is this confluence of factors that could create a ‘zombie condo.’”
“Zombie condos” are large buildings that are mostly empty because many of the owners couldn’t afford to live there anymore.
As the real estate market continues to attract investors from across the country, more parties…
Eleven Attorneys Earn National Recognition for Achievements in Condominium and HOA, Construction, Real Estate, and…
Join Jacob Epstein, Partner and Co-Chair of the Construction Law Group at Haber Law, for…
Financial planning for community associations goes beyond line items and spreadsheets—it requires legal awareness to…
Kara Olesky's Florida Bar recognition marks a significant milestone in her legal career MIAMI —…
It appears to be the position of the Florida Supreme Court and its legions of…