Miami Herald - Dozens of luxury beachfront condos and hotels in Surfside, Bal Harbour, Miami Beach and Sunny Isles are sinking into the ground at rates that were “unexpected,” with nearly 70 percent of the buildings in northern and central Sunny Isles affected, research by the University of Miami found. The study, published Friday night, identified a total of 35 buildings that have sunk by as much as three inches between 2016 and 2023, including the iconic Surf Club Towers and Faena Hotel, the Porsche Design Tower, The Ritz-Carlton Residences, Trump Tower III and Trump International Beach Resorts. Together, the high rises accommodate tens of thousands of residents and tourists. Some have more than 300 units, including penthouses that cost millions of dollars.
Online report of the Progressive Review. Since 1964, the news while there's still time to do something about it.
December 15, 2024
SEA RISE
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