Majority of Florida condo board quit in 2019 as squabbling residents dragged out plans for repairs

[Hassin Bin Sober]

35. That's why I would never live in any building larger than 6 units.

Our six unit condo had an association budget of $18000 for insurance and maintenance. Everything was done on consensus of all the unit owners. We didn’t govern by board even though that was the way it was set up. We were completely self managed.

Big building mean massive budgets. Scaffolding, cranes and helicopters are expensive.

And now everyone in Miami is going to be getting hit with big bills because the city and the associations and engineers will be covering their asses.


A window fell out of the CNA building in Chicago and killed a woman. The city mandated inspections and hundreds of building ended up with scaffolding and netting on their facades. One of my employees got hit with a $40k assessment right after she moved in. It was a good time to be a tuck pointer.

Same thing when we had happen when a Chicago porch collapsed killing, iirc, 13 people. It had recently been inspected by the city. Thousands of porches got tagged by the inspectors. All architect plans had to be approved. The required load ratings went from 40 pounds/square foot to 100 pounds. It was a good time to be a porch builder.