condo associations

Legislation passed in the wake of the deadly 2021 Surfside condo collapse and rising insurance premiums have resulted in huge increases in HOA fees and special assessments for condo owners across the state.

As owners across South Florida feel the squeeze with the looming Dec. 31 deadline for reserves, a young Palm Beach County firefighter says he faces a tough decision: to stay in his unit or or sell it after monthly condo assessment fees skyrocket.

At the 2024 Condo Summit in Broward, experts and state senators from both parties gathered to tackle rising costs — but warned there is no silver bullet. Senate Democratic Leader Jason Pizzo said that owners, including those of the collapsed Surfside building, could shoulder some of the blame for the state of affairs.

It is a tale of two housing markets in South Florida. Condo prices are falling while single family home prices hold steady.

New rules for condo associations in Florida are likely taking their toll on sales statewide as median prices fall.

South Florida condo owners already spend a lot on monthly fees but very little of the money goes into reserves. More money will have to be funneled into savings beginning next year.

Arrested was Gregori Arzoumanov, 62, the president of the Turnberry on the Green Condominiums near the Aventura Mall, Fernandez Rundle told reporters at a press conference. Arzoumanov is alleged to have embezzled $1.5 million over a seven-year period.

Lopez said there isn’t enough data to have a special session on condos before the end of 2024.

Sunrise Mayor Mike Ryan called on state lawmakers to fix condominium association reforms before they take effect. "We're preparing for what is, we feel, a potential Category 5 economic storm," he told WLRN.

Three years after the collapse of a condo building in Florida, developers say a court decision may stop them from demolishing and replacing older residential buildings.

Liz Bieler's novel "Alice in Condoland" takes a humorous approach to the sometimes nightmarish side of condo living.

A Florida Senate committee backed a proposal that would make changes to Florida's condominium-safety laws.