Engineer Warned of 'Major Structural Damage' at Florida Condo Complex

[Hassin Bin Sober]

48. And there it is.

That’s why I would never live in a large building development.

One would think more people would mean less cost per person but it doesn’t work that way. Large buildings can be insanely expensive to work on. Instead of ladders you need scaffolds, cranes and helicopters.

A friend of mine got hit with a $40k (times 100 units) special assessment 6 months after moving in — A window fell out of a high rise building (the CNA Building) in Chicago killing a mother walking with her child so the city mandated inspections of all building facades. That was in the early 2000s and she was just recently able to unload the place.


I had a client who bought into a large rehab of a warehouse condo conversion. They had all kinds of structural issues but no one wanted to pay for engineer reports to go after the developer before the warranties expired. Half the building was owned by investors who bought with little to no money down so they were cash strapped and just wanted to roll the dice.