$1.2 billion Surfside settlement for families and unit owners approved day before one-year anniversary
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.
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.
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
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 the protests on college campuses.
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly.
— Rachel Fishman Feddersen, Publisher and CEO
Join our mission to tell the Jewish story fully and fairly.
