Page 27 - CooperatorNews South Florida Expo 2021

SOFL.COOPERATORNEWS.COM COOPERATORNEWS SOUTH FLORIDA — EXPO 2021 27 er words, the result of a natural disaster like a hurricane. Clearly, the association and its insurer will do everything they can to eliminate mold from the property after a flood or other catastrophic event. But what about other potential mold problems not caused by a natural disaster? According to Magill, “If one has mold in their unit, it’s their responsibility. If the portion of say, a pipe, that is the cause of the mold is in the association’s common area, it’s the association’s responsibility. That is without regard to liability factors. In Florida, the law has changed so that the association insures the entire building; structure, internal plumbing, windows, doors, A/C units. This enables the associa- tion to rebuild after a casualty loss, even if the unit owner decides not to step up and rebuild their apartment interior.” She adds that it’s completely different for an HOA. In an HOA, unless the units are physical- ly connected—think townhouses—“the owners are responsible for everything.” In the final analysis, says Shapiro, “Be reasonable. If an association can make an accommodation, they should.” As with so many issues in co-op, condo, and HOA living, after the incident, you’re still neighbors and you have to live together and with each other. n A J Sidransky is a staff writer/reporter for CooperatorNews, and a published novelist. He can be reached at alan@yrinc.com. according to a Miami Herald report, is considering selling land that currently houses its parking lot and a school to a condo developer. First Miami Presbyterian Church—the oldest organized congrega- tion in the city, says the Herald —is itself an historic site and cannot be relocated or demolished, but Brickell-based 13th Floor Investments has proposed to buy the land on which Key Point Christian Academy sits for $240 million. The proposal has fired up both par- ents and neighbors of the school—some opposed to the plan, and some welcoming it. The Herald reports that Key Point Christian Academy mom Lindsay Keller, 30, would lament the loss of the school that feels like “a family community.” Since she lives nearby in the EPIC Miami Residences in Brickell, she would also miss the con- venience of sending her seven-year-old, Gabby, there. Similar feelings were expressed by Diana Cazacu, another Brickell resident and mom of four-year-old Emily, who attends the school. They are also members of the church, and thus have a vote in whether the proposal should be approved. Her intention to oppose is based not only on the lost con- venience, but also her feelings about over- PULSE continued from page 4 development in the area. “There’s so many buildings around; I don’t think they need it,” she tells the Herald . “That’s enough.” Some neighbors and people who work in the area are concerned about increased traf- fic and losing more green space—already scant in the high-rise-heavy neighborhood. But others see the benefits for the church in accepting the proposal—like Gabriella Petersson, 31, Brickell resident and mom of two Academy students. She tells the Herald, “Honestly, if it was me, I know a lot of peo- ple don’t like it, but I’m like come on, if I get offered that money, I would do it, too.” Petersson continues, “The skyline here is so beautiful, it’s really nice what they’re doing here, so I’m not against it.” Awards & Recognition RKW is MHN’s 3rd-Fastest-Growing Management Firm Multi-Housing News has ranked Charlotte, North Carolina-based RKW Residential, which has regional offices in Miami and Orlando, as the nation’s third- fastest-growing multifamily property man- agement company of 2021, according to the publication’s website. RKW has also made MHN’s annual “Top Property Managers” list for the third consecutive year. MHN ranks the fastest growing multi- family management companies by calcu- lating the average annual portfolio growth for each management company with at least 20,000 units under management at the end of 2020. RKW posted an annual port- folio growth of 25.4% from 2018 to 2020, according to MHN . The Top Property Managers category uses a weighted formula to determine the top 40 multifamily property managers based on total units and number of prop- erties under management at the end of 2020, along with property operations and presence across property sectors. For 2021, RKW ranked No. 21 on the list, which notes RKW’s expansion of nearly 3,000 units from 2019 to 2020 and 94.3% occupancy across the company’s entire portfolio. Both third-party managers and owner-operators are included in the rankings, notes MHN . “I am proud of our team’s efforts in maintaining strong occupancy and con- sistent expansion throughout a challeng- ing year-plus,” says RKW president Marcie Williams. “We are still a young company, having launched in 2014. To earn national recognitions like this underscores how rap- idly we have grown in such a short time.” RKW was formed out of a partner- ship between Rivergate Companies, a pri- vate real estate investment firm, and KW PROPERTY MANAGEMENT, a large condo management company in Florida, notes the release. n Thousands of Satisfied Customers Since 1985 Partnering with the Best & Largest Flooring Factories Recently Completed Projects  The Pinnacle Condo  TYNDALL Airforce Base  Three Horizons North Condo  Coco Wood Condo Inc  East Side Condo Association  Allington Towers South Condo  Trump Palace  Kenilworth Condo  Jackson Tower Condo  Las Olas Beach Club americarpetcommercial.com 305.945.2973 Miami-Dade County Flooring License 03BS0086 Broward County Flooring License CC#11-fl17282-X See us at Booth 106 PROVIDING LEGAL SERVICES TO HOMEOWNERS AND BUSINESS OWNERS THROUGHOUT FLORIDA YOUR LOSS IS OUR CONCERN 888 SE 3rd Ave Suite 300 Fort Lauderdale, FL 33316 ph: 754-260-5410 fax: 954-530-4347 www.schirmerlaw.com At Schirmer Law, we concentrate much of our practice on property damage claims of all kinds. Our firm is experienced in helping clients file claims, resolve disputes or issues with ongoing claims, and take on bad faith claims against insurers who violate their contractual obligations. PLEASE VISIT US AT BOOTH # 117 Please submit Pulse items to Darcey Gerstein at darcey@cooperatornews.com