Source: Dow Jones News Service, June 29, 2021
Posted on: https://www.advisen.com/

The president of the Champlain South Towers condo association told residents in April their building was in desperate disrepair and urged them to pay the $15 million in assessments needed to fix structural problems, in a letter reviewed by The Wall Street Journal.

The condo building collapsed into a pile of rubble Thursday, leaving at least 11 people dead and 150 unaccounted for, officials said. On Monday, rescue workers tunneled into the debris left by the fallen building, searching for survivors, for the fifth day. Read more.