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Conditional Sales Contract
››Judge warns of value of Surfside site

Judge warns of value of Surfside site

By Mabel McCaw
September 23, 2021
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By Nathan Hale (September 23, 2021, 6:45 p.m. EDT) – A day after signing a conditional “stalking horse” contract for the failed condominium site in Surfside, Fla. State overseeing related litigation warned Thursday of public statements questioning the fate of the property, which it said would only hurt its eventual sale price and the recovery of victims.

Michael Goldberg, partner of Akerman LLP, the court-appointed receiver for the Champlain Towers South Condominium Association, reported at a Zoom status conference that he received the signed contract from a anonymous bidder the day before. A final sale will require court approval after a public hearing, but the $ 120 million deal aims to provide a …

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