Miami Condo Collapes

Discussion in 'Living Room' started by MTR, 25th Jun, 2021.

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  1. Gen-Y

    Gen-Y Well-Known Member

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    If you told me it was a demolition job. I wouldn’t disagree with you.
     
    Gen-Y, 25th Jun, 2021
    #21
  2. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Financed by Jimmy Hoffa's union pension funds from the trucking union he operated, just goes to show it's just about always the blue-collar working men underpinning it all.
     
    Colin Rice, 25th Jun, 2021
    #22
  3. qak

    qak Well-Known Member

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    Those poor people :(
     
    qak, 25th Jun, 2021
    #23
  4. Momentum

    Momentum Well-Known Member

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    Momentum, 25th Jun, 2021
    #24
  5. bamp

    bamp Well-Known Member

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    My guess is a meth lab explosion on the lower levels.
     
    bamp, 25th Jun, 2021
    #25
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  6. MTR

    MTR Well-Known Member

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    I would be surprised this the case, I think this is a 7 level building.
     
    MTR, 25th Jun, 2021
    #26
  7. George Smiley

    George Smiley Well-Known Member

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    It seems bizarre that such a large section of building can pancake the way it did . Residents were reporting cracking sounds in the nights/days before and apparently it had been sinking around 3mm per year since at least the 90s. Will be very interesting to see what the investigation and report uncovers.
     
    George Smiley, 25th Jun, 2021
    #27
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  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    Gockie, 25th Jun, 2021
    #28
  9. Lacrim

    Lacrim Well-Known Member

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    If there's any, any consolation at all, is that it happened at 2am and hopefully those who perished were fast asleep when it happened. But it is horrible thinking about how they died.
     
    Lacrim, 25th Jun, 2021
    #29
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  10. Simon Hampel

    Simon Hampel Founder Staff Member

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    Simon Hampel, 26th Jun, 2021
    #30
  11. Momentum

    Momentum Well-Known Member

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    Progression of the Miami condo collapse based on surveillance video. Probable point of failure located in centre column

    [​IMG]
     
    Momentum, 26th Jun, 2021
    #31
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  12. MTR

    MTR Well-Known Member

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    Lawsuits start, first resident seeking $5M
     
    MTR, 26th Jun, 2021
    #32
  13. Firefly99

    Firefly99 Well-Known Member

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    They have not even waited for the dust to settle (literally)…
     
    Firefly99, 26th Jun, 2021
    #33
  14. MTR

    MTR Well-Known Member

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    Yes……This is USA
     
    MTR, 26th Jun, 2021
    #34
  15. kierank

    kierank Well-Known Member

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    We bought an apartment in 2016. For first 5 years, we rented it out. First tenant 4 years; second tenant 9 months (until we didn’t renew their lease).

    It was very easy to rent. Nil vacancy.

    We downsized and moved into it 4 months ago. Absolutely love the lifestyle. We lived in our previous home for 33 years; we would love to do the same here.

    We have ridden the Gold Coast COVID boom, with its value rising 30% to 40% in the last 12 months.

    Like all things property, there are good performers and bad performers.

    We are very, very happy with the performance of our Apartment. We are so glad we bought in 2016; we probably wouldn’t be able to buy it today.
     
    kierank, 26th Jun, 2021
    #35
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  16. MTR

    MTR Well-Known Member

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    Brilliant:)
    I am assuming Your apartment is not the norm, its a Quality, upmarket product
     
    MTR, 26th Jun, 2021
    #36
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  17. MTR

    MTR Well-Known Member

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    MTR, 26th Jun, 2021
    #37
  18. Simon Hampel

    Simon Hampel Founder Staff Member

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    Engineers report revealed Miami apartment building had 'major structural damage' three years before collapse

    The oceanfront apartment building that collapsed near Miami had "major structural damage" to a concrete structural slab below its pool deck that needed to be extensively repaired, according to a 2018 engineering report.

    ...

    While the engineering report from the firm of Morabito Consultants did not warn of imminent danger from the damage — and it is unclear if any of the damage observed was responsible for the collapse — it did note the need for extensive and costly repairs to fix the systemic issues with the building.​
     
    Simon Hampel, 27th Jun, 2021
    #38
  19. Piston_Broke

    Piston_Broke Well-Known Member

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    How many times have buildings had problems and all or partially collapsed while they were digging foundations and underground carparks next door?
    That seems to be a common theme.
     
    Piston_Broke, 27th Jun, 2021
    #39
  20. Simon Hampel

    Simon Hampel Founder Staff Member

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    Yes, that was noted in initial reports about this building - there have been recent works nearby.

    This is also reclaimed land - similar to Mascot wasn't it?
     
    Simon Hampel, 27th Jun, 2021
    #40
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