SURFSIDE – Miami-Dade
County Circuit Judge Michael Hanzman approved on Thursday a
sale agreement of the property in Surfside where a 12-story
building collapsed on June 24 killing 98 people.
Despite some opposition to the sale, the
court will use the money to compensate the owners of the 136
apartments destroyed and the families affected by the
Champlain Towers South Tragedy.
Billionaire Hussain Sajwani, of the Dubai-based DAMAC
Properties, bid $120 million to purchase the oceanside
property at 8777 Collins Ave.
Attorney Michael Goldberg, the court-appointed receiver for
the Champlain Towers South Condominium Association, will
have to sign the contract. The court is still accepting
competing bids. The property was appraised at $95.6 million. |