lawyers will make millions
Has John “for the people” Morgan dispatched a team yet? Families will get pennies on the dollar. And yes, that salt air doesn’t mess around.
Well, that might be a stretch, given how long ago this thing was built.
For sure, the association will be sued by the individual owners (and probably the board members as well). And you can bet that at least a dozen bottom-feeding law firms have figured out if there are any successor entities for the developer, general contractor, concrete and rebar subcontractors, waterproofing and roofing contractors, architects and engineers etc. But 4 decades is a long time in business, and a lot of those folks might just not be around.
The engineer who wrote the report three years ago will for sure be named, as will any contractors doing work on the building and any maintenance contractors, but even adding all of that up, it’s hard to see that there are any deep pockets or enough insurance for anyone to really collect much. But we’ll see.