[dad911]

Originally Posted by john70t

Agreed.

$150 million....initially...sez the judge...and the math doesn't add up.
Where do the rest come from? Taxpayers?

There is only $50 m of insurance.
Does the other $100 m come from a theoretical sale of the lot?
And the banks are still owed their past-due mortgages, insurance or not.

https://www.local10.com/news/local/2021/09/24/company-associated-with-dubai-billionaire-bids-to-buy-surfside-building-collapse-site-records-show/

$120 Million for the property.

Amazing. Takes me years to get approvals around here, this sale gets fast-tracked.