This Just In: Residents forced to evacuate Massachusetts condo due to structural problems
A Clear & Present Danger: The Time for Condo Reform is NOW
Cambridge, MA 15 November 2024
WBZ Reports:
It's been prime real estate in Cambridge overlooking the Charles River since the 1960s, but city officials said the building is not safe because of structural issues that engineers discovered during a roof replacement construction project.
Families who've called the Riverview Condos home are finding themselves uprooting their lives and calling moving trucks without much notice.
We knew it was coming. Champlain Towers, crumbling into the Atlantic while their Board rearranged deck chairs by the pool. The losses from Champlain Towers included 98 lives, and $1.02 billion[1]. The Economist estimates that, climate change and the fight against it could wipe out 9% of the value of the world’s housing by 2050—amounting $25trn[2]. Decades of deferred maintenance are coming home to roost for aging condominium complexes everywhere.
The time for Condominium Reform is NOW! Join the Movement.
[1] https://www.cbsnews.com/miami/news/judge-approves-billion-dollar-settlement-surfside-condo-collapse/
[2] https://www.economist.com/leaders/2024/04/11/global-warming-is-coming-for-your-home
Families who've called the Riverview Condos home are finding themselves uprooting their lives and calling moving trucks without much notice.
It's been prime real estate in Cambridge overlooking the Charles River since the 1960s, but city officials said the building is not safe because of structural issues that engineers discovered during a roof replacement construction project.
Now the management company, Thayer and Associates, said the building must be fortified, so residents and everything have to go. The company said for six decades, they didn't know substandard concrete was used in the original construction of the building and that reinforcing steel (rebar) had been improperly placed within it.