In an aerial view, a cleared lot where the 12-story Champlain Towers South condo building once stood is seen in Surfside, Florida, June 22, 2022. (Joe Raedle/Getty Images)

SARASOTA, Fla. (JTA) – A judge in Florida approved a $1.2 billion settlement just hours before the one-year anniversary of the residential tower collapse in Surfside on June 24, which killed 98 people.

Condo owners will split the estimated $96 million in proceeds from the sale of the land where the Champlain Towers South stood. The victims’ families and residents who were injured from the building’s collapse will share an additional billion dollars in compensation. 

While Miami Judge Michael Hanzman said this was the most complicated case he had seen in his 35-year career, he called the outcome “remarkable.” No victims or their families chose to opt out of the settlement, and Hanzman said the decision avoided the need for a trial that could have lasted a decade.

Forwarding the News

Thoughtful, balanced reporting from the Forward and around the web, bringing you updated news and analysis each day.

Terms(Required)

I agree to the Forward's Terms of Service and Privacy Policy

Email(Required)

Family members of the 98 victims gathered Thursday night to mark the moment at 1:22 a.m. when the building began to collapse last year. First lady Jill Biden is scheduled to speak at a public memorial event on the site on Friday. 

The town of Surfside, where nearly half of the 6,000 residents are Jewish, has for decades served as a meeting place for geographically-separated Jews. Miami has a large percentage of Hispanic Jews, many of whom come from families that came to the area after leaving Cuba, Colombia, Argentina and Venezuela.

This article originally appeared on JTA.org.

The Forward is free to read, but it isn’t free to produce

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.

Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.

Readers like you make it all possible. We’ve started our Passover Fundraising Drive, and we need 1,800 readers like you to step up to support the Forward by April 21. Members of the Forward board are even matching the first 1,000 gifts, up to $70,000.

This is a great time to support independent Jewish journalism, because every dollar goes twice as far.

—  Rachel Fishman Feddersen, Publisher and CEO

2X match on all Passover gifts!

$90 → $180 $180 → $360

$360 → $720

Other amount