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Surfside collapse victims to get $150 million initially, judge says


Surfside collapse victims to get $150 million initially, judge says
“The court’s concern has always been the victims here,” the judge said.
 
 
Champlain Towers South tenant Paolo Longobardi, center, listens closely as other residents share their grief and thoughts regarding the future of the Champlain Towers South site during a hearing Wednesday. [ CARL JUSTE | AP ]
Published Yesterday
Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of $150 million in compensation initially, a judge said Wednesday.
That sum includes about $50 million in insurance on the Champlain Towers South building and at least $100 million in proceeds from the sale of the Surfside property where the structure once stood, Miami-Dade Circuit Judge Michael Hanzman said at a hearing. ....

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