The Daily Beast’s Post

"Two door handles and a car window were damaged in our building within the last few days, but were not disclosed in the Building Security Report. Our property manager, Jason Scott, failed to inform us of this information.This kind of dishonesty is unacceptable. The property manager only requests that your strata council install anything to fix more than four break-ins within a week? There's been a rise in our strata fees every year. Who is the thief? 物業經理要求您的物業委員會安裝任何東西來修復一周內超過四次的闖入？ 我們的分層費用每年都在上漲。 誰是小偷？..." https://lnkd.in/gtJmmgSx #Apartment #realtor #realestateagent #realestatemarket #realestateexpert #realestateexperts #realestateforsale #realestateadvisor #realestateconsultant #housingmarket #house #realestate #strata #realestateAgent

Here is a good news story on a case my firm is handling now--it involves the Ellis Act, the state law that prohibits cities from interfering with landlords who might want to go out of business. The factual question to be answered is whether Douglas Emmett, the publicly-traded REIT, was actually planning to "go out of business" at Barrington Plaza and remove all the apartments permanently from rental housing use when it served 558 eviction notices on its tenants. The legal question to be answered is what does "go out of business" mean? I have strong opinions on both questions, obviously! 😄 https://lnkd.in/gvjunKjr

In May, our client brought a lawsuit against her condo board at Trump World Tower for improperly agreeing to a $1.75 million amenity space project and a decade-long lease with the Trump Organization. We recently obtained a TRO to stop the collection of fees from residents for the project until a further decision is made at the next hearing, scheduled for August 18. Rob Braverman discusses the case with The Real Deal. Click below to read more.    #condo #realestate #litigation #newyork

CPLG Managing Attorney Liam Krahe recently shared insights on the Brickell commercial real estate market with The Real Deal. As high-profile properties hit the Miami market at unprecedented prices, Liam offered perspective on investor sentiment and market realities. He explained Brickell's continued appeal to foreign investors, noting that many view the area as a safe haven amid global economic turbulence. He emphasized that Brickell's robust market financial fundamentals remain crucial for securing investments and financing. “Those [foreign] markets right now are every bit as tumultuous, if not more, than the U.S.,” Liam said. “Whatever we think of as unstable, it’s 10 times worse there.… A Qatari investor told me he isn’t looking anywhere in the U.S. except South Florida. They want to put money in the U.S., but they can’t justify putting it into areas like L.A. and New York.” Read more at the link below. #southflorida #legalnews #news #lawfirm #legal #attorneys #lawyers #southflorida #southfloridalawfirm #propertylaw #realestate #realestatelaw #CREnews #realestatenews #realestatedevelopment #propertymanagement #CRE #realestatedevelopers

Florida's aging condos face a turning point 🏢 At the Bisnow South Florida Condo Summit, John Cadden was a panelist and spoke on the importance of structural integrity studies and repair funds. He suggested that owners have a way out in properties where termination is more profitable than staying in a condo. Industry leaders like Sen. Ana Maria Rodriguez also weighed in on the challenges and solutions ahead. Read the full article by clicking on the link below! 👇 #SouthFloridaCondos #CondoSummit #RealEstateInsights #CondominiumAdvisoryGroup

Stay informed about the new rules affecting condo living in Florida. Here's a quick primer on what you need to know: 🔹 Board Governance & Transparency - Condo managers must complete 4 hours of education on condo association management. - Condos with 25+ units must have a webpage with bylaws, budgets, and contractor lists by Jan 1, 2026. 🔹 Safety & Maintenance - Buildings 3 stories+ must be inspected after 30 years, and then every 10 years. - Inspections for buildings 30+ years old must be done by the end of the year. - Reserve funds must be reviewed yearly and can’t be underfunded. 🔹 Accountability & Penalties - Criminal penalties for board members involved in kickbacks or fraud. - Increased power for the Florida Department of Business and Professional Regulation to enforce laws. - Four mandatory board meetings a year with Q&A time for owners. 🔹 Selling Your Condo? - Starting Oct 1, sellers must provide buyers with the association’s annual financial statement and report. 🔹 Mixed-Use Developments - New provisions may give developers more control over common areas in mixed-use condos. This law aims to increase transparency, safety, and accountability in condo living, ensuring a safer and more transparent environment for all. Anne-Marie Pascual Broker-Owner Marquis Global 305-773-2277 ampsold@gmail.com #florida #forsale #luxury #marquisglobal #miami #realestate #soldbyannemarie #Waterfront #investmentopportunity #commercial #wharehouse #condo3.0 #condo

Coloradans need #morehousingnow. It’s time we take action towards sustainable and smart solutions to our affordability and housing crisis. #coleg #copolitics The Colorado Springs Gazette, LLC: “A key cause of the condo crunch, the study concludes: construction-liability laws. Unknown to most would-be condo buyers, their options are limited by Colorado statutes that almost invite lawsuits against builders over even modest mistakes in housing construction.” https://bit.ly/48jIyhr

https://lnkd.in/eVmmtd8P In this WSJ article, writer Deborah Acosta lays out the pending doom in the Florida condo market, triggered by a recent state law forcing older buildings to meet much stricter standards following the Surfside condominium collapse catastrophe in 2021. The law essentially requires inspections for all condominium and coop buildings 3 or more stories, to determine their structural soundness. The results are potentially huge assessments against the owners to pay for repair and maintenance programs, as well as maintaining requried reserves. "In Miami, about 38% of the housing stock is condos, the highest of any major metropolitan area in the U.S., according to Zillow. Of those buildings, nearly three-quarters are at least 30 years old. For those that have large repairs looming, many owners are scrambling to sell before Jan. 1 when building reserves must be fully funded to be in compliance with the law." All of this is on top of increased insurance costs due to recent storms hitting Florida's real estate market. As a result, owners in these older buildings are reducing prices significantly. One result, may be that savvy developers, eyeing to score water front real estate on the cheap, will buy their way into existing older buildings with the aim of taking over and eventually orchestrating the sale of remaining units, to ultimately knock down buildings and build new luxury units.

We can help you develop an effective plan.

🚨 Attention Landlords and Tenants 🚨 Subletting can lead to hefty fines of up to £50,000! Know the rules and stay compliant to protect yourself and your property. Learn more 👉 https://bit.ly/47a81sX #landlord #tenant #lettings #propertylaw #property #newport