Surfside Condo Site Rebuilt as Luxury Development with $15M Units but Faces No Buyers
The site of the Surfside condo collapse, which killed 98 people, has been rebuilt as a luxury development by Dubai-based Damac Properties. However, the project, The Delmore, has not sold any units despite a $15 million starting price. The company's executive called the early 2025 sales launch 'premature' due to market conditions and delays.
Topics: building collapse condo development luxury housing market timing real estate