Palm Beach Weather’s Florida Condo Crisis

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As Florida’s condo market continues to grapple with the fallout from post-Surfside safety regulationsPalm Beach has emerged relatively unscathed. New statewide laws requiring milestone inspections and reserve studies have burdened many aging condominiums with costly assessments, averaging $75 to $100 per square foot.

Yet in wealthy Palm Beach, where financial resources are abundant, most buildings have already completed their repairs, turning a potential crisis into an opportunity. Brokers say the ...

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