Condo Owners Seek Help from State Lawmakers
Special Assessment Sparks Concerns
Owners in one Hollywood condo community are asking state lawmakers for help after learning of a nearly $60 million special assessment just a year or two after going through extensive structural repairs.
State Lawmakers Visit Condo Community
State Senators Jason Pizzo and Jennifer Bradley came to The Summit condo Friday and had some questions of their own about some of the proposed projects.
Proposed Projects Spark Controversy
A cafe roof, cafe bathrooms, and contingency are some of the items residents say they’re being asked to pay for in a newly proposed special assessment.
Condo Owner Concerns
"For $56 million. What is that supposed to mean? What are you supposed to get done? Is that structurally needed?" condo owner Lester Berrios said.
Recent Structural Repairs
The condo towers recently completed and passed their 40-year recertification.
State Lawmakers’ Concerns
"The central theme we’re seeing is a lack of uniformity and actually staying within that list of enumerated structural components," Pizzo said.
Legislative Changes
Pizzo says recently passed condo legislation outlines specific areas in condos that need to be addressed, mostly related to structural integrity.
Board of Directors’ Response
NBC6 spoke with several members of the Summit’s board of directors by phone who said that’s not what’s happening.
Residents’ Reaction
"You know, all of a sudden, you pay $120,000 more for your apartment," condo owner Daniel Lezcano said.
Notice of Intent to Sue
At least 55 residents are behind this notice of intent to sue the board over the $58 million it is trying to borrow to pay for the projects.
Conclusion
The controversy surrounding the special assessment has raised concerns among condo owners and state lawmakers alike. The issue highlights the need for transparency and accountability in condo management and the importance of staying within the scope of necessary repairs.
FAQs
Q: What is a special assessment?
A: A special assessment is a one-time fee imposed on condo owners to cover the cost of repairs or improvements to the building.
Q: Why are condo owners being asked to pay for these projects?
A: The projects are being proposed to improve the building’s amenities and infrastructure, but some owners are questioning the necessity and cost of the projects.
Q: What is the state lawmakers’ role in this situation?
A: State lawmakers are working to ensure that condo boards are being transparent with owners about projects that are actually required by law and not using special assessments for non-essential repairs.
Q: What is the outcome of the notice of intent to sue?
A: The outcome of the notice of intent to sue is pending, but it highlights the concerns and frustrations of condo owners who feel they are being unfairly burdened with the cost of repairs.
