Five years ago, a massive beachfront condo building near Miami collapsed, marking one of the deadliest structural disasters in the nation’s history. Now, a firm seeking to build new condos at the site is reportedly running into issues selling its units.
Champlain Towers South, a 12-story condo building in Surfside, Florida, collapsed on June 24, 2021, killing 98 people and injuring several others. About a year later, a Dubai-based company acquired the site for its own luxury condo tower, with units starting at $15 million.