In Palm Beach, what condo crisis?

If the Florida condo crisis were a hurricane, the worst of the storm appears to have passed by Palm Beach.  While the government doesn’t control the weather, it does have command over the regulatory environment that created difficulties for the state’s condo market. In the wake of the deadly Champlain Towers collapse in Surfside, lawmakers scrambled to prevent another tragedy with a slate of new safety laws that have their own consequences. The legislation mandated that condos complete milestone inspections and reserve studies. While these rules apply to every residential building 30 years or older, the effects are evolving into […]

This article originally appeared on The Real Deal. Click here to read the full story.