The 2021 collapse killed nearly 100 people. Regulations passed since then have raised costs for those living in older buildings. Developers want homeowners to sell so they can put up luxury condos.
The $1.2 billion settlement is for unit owners and families of those who died in the condo tower. It was finalized one day before the anniversary of the disaster in which 98 people died.
Crews continue to find the bodies of those who died during a recent condo collapse. There is another objective for those sifting through the rubble: collecting the property of the victims.
Seventeen days into responding to a condominium collapse in Surfside, Fla., officials cite progress in identifying victims and those still unaccounted for.