News Surfside building collapse: Judge agrees to increase property owners’ payment

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Circuit Judge Michael Hanzman agreed Tuesday to increase the settlement of the Champlain Towers South property owners who did not suffer a loss of life during the June 24 collapse in Surfside.

The court settlement increased from $83 million to $96 million — out of the $120 million that a developer from Dubai paid for the site — on Tuesday in Miami-Dade.

“This is an outstanding result for the property owners,” Hanzman said.

The settlement for the families of the 98 victims who died is $1 billion.

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