VI News Staff 1 year ago

Dozens of luxury condos, hotels in Miami sinking at ‘unexpected’ rates

MIAMI — A new study from the University of Miami shows dozens of luxury, beachfront condos and hotels, all along the southeast coast of Florida, are sinking into the ground at unexpected rates.

The study identified a total of 35 buildings in Miami Beach that have sunk by as much as three inches between 2016-2023.  Affected buildings include the iconic Surf Club Towers, Trump Tower III, Trump International Beach Resorts and the Ritz-Carlton Residence. In fact, nearly 70 percent of the buildings in northern and central Sunny Isles are affected, according to the study.

Dozens of luxury beachfront condos and hotels in Surfside, Bal Harbour, Miami Beach and Sunny Isles are sinking into the ground at rates that were “unexpected,” with nearly 70 percent of the buildings in northern and central Sunny Isles affected, research by the University of Miami found.

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