A building under construction next to Champlain Tower offered $400,000 amid complaints from the now-collapsed condo
CBSN
The developers of Eighty Seven Park, the luxury building next to Champlain Towers South, proposed a payment of $400,000 to the association for the now-collapsed condo in exchange for expanded construction hours, a commitment to never publicly oppose the project or the developer, and an agreement to release the developers from all liability, two sources familiar with the matter confirmed to CBS News.
The proposal isn't dated, but according to one of the sources, it was made "about two years ago" at a time when residents were complaining about debris and "shaking" caused by the construction of Eighty Seven Park and raised concerns about its impact on the "structure" of Champlain Towers South. The offer came in the form of a term sheet presented from 8701 Collins Development, LLC to Champlain Towers South Condominium Association, Inc. It was never ratified. The sources said another precondition for the $400,000 laid out in the proposal was a commitment by the Champlain Towers South Condominium Association to write letters of support of the Eighty Seven Park project to both the city of Miami Beach and the Town of Surfside. The Condo Association would receive the first $200,000 after those letters were mailed, the sources said, and the rest of the money would be paid when Eighty Seven Park received its temporary certificate of occupancy or on December 31, 2019, whichever came first.
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