- The sea level in Miami has risen ten inches since 1900; in the 2000 years prior, it did not really change. The consensus among informed observers is that the sea will rise in Miami Beach somewhere between 13 and 34 inches by 2050. By 2100, it is extremely likely to be closer to six feet, which means, unless you own a yacht and a helicopter, sayonara. Sunset Harbour is expected to fare slightly worse, and to do so more quickly.
Thus, I felt the Sunset Harbour area was a good place to start pretending to buy a home here. Amazingly, in the face of these incontrovertible facts about the climate the business of luxury real estate is chugging along just fine, and I wanted to see the cognitive dissonance up close.
It feels like I'm reading something out of a Joseph Heller novel.
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You know what? So it's hot today. Not cgod hot, but 105. Fifth day in the history of Seattle to break 100 degrees, first time in history to do it two days in a row. There's also COVID. What a time to be alive. My mother-in-law headed to the library to cool off. I guess it's quite comfy in there. Only she overheard a conversation between a couple librarians where one said "what should we do? We're running out of chairs!" to which the other responded "that means we're over capacity." What do you think they did? Do you think they turned people away? Lemme show you one of my favorite properties at the moment. Lovely, right? $125k of riverfront. Only... Dude the river ate your house. Do you really think it's going to stop now? Screamin' deal, though, right? "Blank pallets of seclusion" are 2021, man. 'cuz here's the thing - the river was about to eat that house for decades. Guaranteed there were no permits issued after 2012 when FEMA redid the flood map. Now? Now the whole parcel is unbuildable, guaranteed. Thing is going to be a former cliff hovering over a riverbed by 2025. And I guarantee you they were staying in that house until the bitter fuckin' end 'cuz I'll bet it was lovely right up to the part where it started creaking. The first neighborhood in Miami to dig canals wins. The sea level in Miami has risen about as much as the sea level in Venice. Storms are gonna get worse, sure. Flood insurance will go away eventually. But it's gonna get full Waterworld before then. They'll just abandon the bottom floors of things that won't rot away and get there by boat. They'll build elevated sidewalks so you can get from the water taxi to the Chanel boutique without getting your Manolos wet. And everyone will remark on it and continue in their orbit because it's too big to stop now and we all know it. Those pumps? Those pumps exist because someone said "do something" and since no one has any idea how to do anything useful we're all just pretending. They're pretending it works, we're pretending that we think anything will actually change. What is Miami, anyway, except Bangladesh with more money?
Build your Dream Home or Tiny House! Perfect recreational site to escape the CITY! Tranquil beauty perched on a bluff overlooking the valley & Pilchuck River! Enjoy Mountain & River Views! 2 congruent parcels offer blank pallet of seclusion & curious wildlife, high bank river waterfront. Gorgeous deciduous & evergreen trees. Existing power, well & septic on site. Walk carefully with discretion to bluff. Buyer to verify all to satisfaction.
Miami is doomed because it is built on a dissolving sponge. The top floors are going to fall onto the bottom ones. https://www.nola.com/opinions/article_154a03f8-d82a-11eb-8e31-5f68830a4031.html Venice has a clay foundation with anaerobic muck on top.
Exactly zero dispute from me. Champlain Towers is a three-tower complex. Champlain Towers South had 136 units; it's safe to say the other two have similar numbers. So... call it 400 units. CASH ON HAND-$707,003.96 AMOUNT NEEDED FORASSESSMENT:$15,542,091.40 That's not going to be divided equally? But you're asking every single owner in those towers to cough up an average of $40k. RIGHT NOW. Every person in that building got a letter saying "When you can visually see the concrete spalling (cracking), that means that the rebar holding it together is rusting and deteriorating beneath the surface" and that they were reminded "the concrete damage observed would begin to multiply exponentially" THREE YEARS AGO. And they all voted to shine that shit on in 2018, when it would have cost them an average of $22k ea to fix. My point stands: They'll build and build and build and shit will fall over and they'll build and build again. So... who owns the land of the destroyed tower? Are your heirs entitled to any portion of the proceeds when they build another condo exactly on top of it? I mean what am I saying of course they wouldn't do that! They'll put up a park! They'll put up a memorial! But the next tower that falls over? Because c'mon. This is Florida. Try and tell me there will be enough reform to keep people from living in falling-over buildings until it's entirely, tragically too late and try and tell me that opportunists won't swoop in to rebuild on the corpses.Miami is doomed because it is built on a dissolving sponge. The top floors are going to fall onto the bottom ones.
n terms of the project, our cash needs are:PROJECT ESTIMATE $16,249,095.40
The 40-year building inspection is required by law and covers life/safety issues such as structural and electrical. An engineer, Frank Morabito,was hired in 2018 to do an inspection of the building and provide an initial estimate of what would be required in terms of the 40-year inspection, which comes due later this year. Among other things, that estimate indicated that the concrete damage observed would begin to multiply exponentially over the years, and indeed the observable damage such as in the garage has gotten significantly worse since the initial inspection.When you can visually see the concrete spalling (cracking), that means that the rebar holding it together is rusting and deteriorating beneath the surface. Please note that the original scope of work in the 2018 report has expanded. The concrete deterioration is accelerating. The roof situation got much worse, so extensive roof repairs had to be incorporated. Other previously identified projects have been rolled under the main project. New problems have been identified. Also, costs go up every year. This is how we have gone from the estimated$9,128,433.60 cited in Frank Morabito’s 2018report,to the much larger figure we have today.
The project was the first new construction in Surfside following a moratorium on new development imposed by Miami-Dade County due to water and sewer infrastructure problems in Surfside during the 1970s. In 1979, developers paid the city US$200,000 (equivalent to $713,000 in 2020) to fund the replacement of the sewer system and secure approval for the construction of the condos.
At the price people pay they could build those buildings in the ocean or backfill with sand. Sure they buildings will decay after 20-50 years but the people buying dont care. Insurance for those properties is probably already 1/10 or 1/20th of replacement and nobody gives a f. Hell I bet developers would build on the beach or out in the ocean right now if it was legal to do so why wait for climate change to flood everything