Surfside building collapse: Judge agrees to increase property loss payment

Miami-Dade Circuit Judge Michael Hanzman increased the Champlain Towers South property owners payment.

SURFSIDE, Fla. – Circuit Judge Michael Hanzman agreed Tuesday to increase the settlement of the Champlain Towers South property owners who did not suffer a loss of life during the June 24 collapse in Surfside.

The court settlement increased from $83 million to $96 million.

The funds come from the $120 million that Hussain Sajwani, of Dubai-based DAMAC Properties, bid for the 1.8-acre site where a section of the 12-story building collapsed.

Circuit Judge Michael Hanzman agreed Tuesday to increase the settlement of the Champlain Towers South property owners who did not suffer a loss of life during the June 24 collapse in Surfside.

“This is an outstanding result for the property owners,” Hanzman said in court.

The settlement in a class-action lawsuit by the families of the 98 killed is nearly $1 billion.

New Surfside Mayor Shlomo Danzinger is planning an event for the first anniversary and a memorial. The National Institute of Standards and Technology’s investigation is ongoing.


About the Authors:

Annaliese Garcia joined Local 10 News in January 2020. Born and raised in Miami, she graduated from the University of Miami, where she studied broadcast journalism. She began her career at Univision. Before arriving at Local 10, she was with NBC2 (WBBH-TV) covering Southwest Florida. She's glad to be back in Miami!

The Emmy Award-winning journalist joined the Local 10 News team in 2013. She wrote for the Miami Herald for more than 9 years and won a Green Eyeshade Award.