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Relatives of the victims of the condo that collapsed in Surfside could divide a payment of more than a billion dollars, according to a court decision

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The judge handling the case collapse in 2021 of the apartment building in Surfside, Florida (USA), where 98 people died, He gave his final approval on Thursday to the agreement of more than one billion dollars in compensation for the victims of the event, local media reported.


Miami-Dade County Magistrate Michael Hanzman called this settlement “the best” that could be reached and it is a “remarkable result. It’s extraordinary.”

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“It will never be enough to compensate them for the tragic loss they have suffered,” the Miami-Dade circuit judge said at a hearing Thursday.


The 1,020 million dollars will be distributed in its vast majority among the relatives of the 98 fatalities, although 96 (million) will go to those who owned one of the apartments in this 12-story building and another 100 (million) will go to cover legal costs.

This final approval is given on the eve of the first anniversary of the building’s collapse, which occurred in the early hours of June 24, 2021 when many people slept in the 136 apartments of the condominium.

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The collapse of the building was partial, but it was uninhabitable, so it was demolished on July 4, 2021, when the rescue tasks of the corpses of the 98 fatalitiesmany of them of Latin American origin.

First anniversary events

This Friday several private and public events will be held in memory of the victims and the first lady of the United States, Jill Biden, will travel to Surfside to participate in a memorial in which the wife of Joe Biden is expected to intervene, as well as family members, rescue teams and local authorities.

Hours before, at 1:22 a.m. (5:22 GMT), a commemorative torch will be lit for three weeks, the same weeks that the authorities took to recover the body of the last fatality.

View of the collapse of a wing of the Champain Towers South building, located in the coastal city of Surfside, neighboring Miami Beach, on June 24, 2021. EFE/Cristóbal Herrera

The building was built in 1981 and was in the middle of a process known as “recertification”, which consists of a review of the structures and electrical installations required by law as it is a 40-year-old building when it collapsed.

The land where the building collapsed, about 8,093 square meters and located on the seafront in Surfside, in north Miami Beach, It will be sold for 120 million dollars to the real estate developer Damac Properties, from the United Arab Emirates.

The proceeds from the sale will go to the settlement for the relatives of the victims of the collapse and the owners who lost their apartments, to which must be added money from insurance companies, among other sources. (YO)

Source: Eluniverso

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