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#643 - What will become of the land the Surfside condo is on in South Florida?
News For Reasonable People
English - July 29, 2021 10:00 - 29 minutes - 20.6 MB - ★★★★★ - 7 ratingsInvesting Business Entrepreneurship san francisco trending news protests defund the police antifa blm seattle conservative republican journalism Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Even as the search for victims of the Surfside condominium collapse continues, a question has surfaced: What will become of the land?
Although beachfront property is a hot commodity in South Florida, survivors, families who lost loved ones and neighbors are struggling to imagine another apartment building or hotel in a space that has suffered so much loss. Instead, many condominium owners have expressed hope that the government will purchase the property and build a memorial park.
The possibility of selling the land for a memorial — similar to the museum and fountains in the footprint of the twin towers that honor the terrorist attacks of Sept. 11, 2001 — has come up in official conversations in recent days. But when it was broached Wednesday at a hearing to discuss the various lawsuits filed on behalf of victims, a concern lingered: Would such a sale offer victims the largest possible payout for their lost homes?
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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