Miami’s South Champlain tower collapse results in near $1B settlement

After a grueling 11 months of litigation, the settlement regarding the collapse of the South Champlain tower in Miami on June 24th, 2021 amounted to nearly $1B which will be paid to the families of the deceased and the people injured in the devastating event. A little backstory: the 12-story tower built-in 1981 had facedContinue reading “Miami’s South Champlain tower collapse results in near $1B settlement”

HOA transparency and why it’s important for your association

Ever wonder where your money is going when you pay your dues? What are those extra fees on your statement and are they really affecting you in a positive way? HOA board-to-homeowner transparency is key to achieving understanding between both parties on things like monthly assessments and their purpose. We should understand that not everyContinue reading “HOA transparency and why it’s important for your association”

SB 326: The Balcony Bill

By January 1, 2025, the California legislature is requiring all associations to conduct inspections of exterior elevated elements to determine their safety. This applies to all condominium projects with more than three units in a building. In summary, the bill requires that board members of these associations do the following: Hire a qualified structural engineerContinue reading “SB 326: The Balcony Bill”

Electric vehicles in condominiums: Case Studies (Part 1)

Ratification: failed. I remember the board meeting, sometime mid-2019—before COVID—I was seated at the front table, where the meeting was about to begin, watching a group distribute mixed English- and Cantonese-language flyers opposing electric vehicles in our building. Something about danger—funny not just because the alternative is tanks of explosive gasoline under each car, butContinue reading “Electric vehicles in condominiums: Case Studies (Part 1)”

The HOA Financial Crisis—and what will solve it

In addition to Dials, I run the project committee at my condo, a 348-unit high-rise called City Center Plaza. As head of the committee, I oversee capital planning, the process of allocating our limited reserve funds toward the highest-impact projects, as well as advising the treasurer on how much funding we need budgeted for futureContinue reading “The HOA Financial Crisis—and what will solve it”