Residents of an oceanfront condominium in Fort Lauderdale say a repair project that began as a relatively modest concrete restoration has spiraled into a $36 million overhaul, leaving some owners facing assessments as high as $320,000 while construction drags into its fifth year.
CBS News Miami reporter Joan Murray investigated complaints from residents at the Galleon condominium on Galt Ocean Mile, where owners said they had become frustrated not only with the rising cost of the work but also with delays, quality concerns and turmoil inside the building’s board.
What began as a $1.6 million project has grown more than twentyfold, according to Murray’s report, with individual owners now being assessed between $135,000 and $320,000…