SURFSIDE, Fla. – A South Florida judge has approved the sale of the oceanfront property where a collapsed condominium building once stood to benefit victims of the deadly disaster.
Miami-Dade Circuit Judge Michael Hanzman ordered at a hearing Wednesday that the process begin to sell the site of the Champlain Towers South in Surfside, which could fetch $100 million, according to court records.
“This is obviously a case where there’s no amount of money that could possibly be available to compensate these families from their suffering and loss,” Hanzman said. “While there’s no money in the world that can do that, the law places value on claims, and these claims are going to have to be valued. The court has no doubt the aggregate value of the claims that the law will place on them is going to far exceed all amounts available for recovery, both by way of insurance proceeds, assets and third-party claims.”
Meanwhile, residents of an 82-year-old, two-story apartment building in Miami Beach have been ordered to evacuate because of concrete deterioration.
The city is giving residents of Devon Apartments until next Monday to leave the building.