I think when VRI took over management, they needed to fix a lot of stuff....both what you could see but even more....what was left undone so many years.
So, aside from Fl having higher maint fees & taxes (generally), they must be asking for more assessments. I saw before....it was a crime how the management let the place rot. (I think Big Frank or Scott said the furnishings would have been refused by Good Will). A few other tuggers have said the same....
I also know that to simply (???) refurbish a high rise elevator (I think they did all of theirs), it could cost $120,000 for a pair. That was our charge for a rebuild of 2 by Otis about 5 years ago. And it was going with cheaper viewable parts (like Formica, not SS).
I have not seen the place in over a year, and didn't think to notice if damage was present by exterior views (mainly plywood on the windows). About 18 months ago, VRI had completed a lot of exterior work, and it did look much better. Some of the rooms ahve been refurbed....
(The set up seems to be a standard condo that did not sell in the early 1980s, when interest rates were puching 20%. Fire code then in S Fl required two exits from any family home. So....most condo apartments had two entrances to the apartments that were sold....by code. Most one bedrooms also had 2 full baths. It was easy enough, then to set up a L/O situation when re conformed to interval sales. One bedroom, there sleeps six, buy I guess not private....so the 2 bed 2 bath still only sleeps 8, (or maybe the fire codes again).
I did want to see the FF Santa Barbara, and they were loaded with plywood....indicates a lot on interior damage.
Even without any hurricane problems, I think there will be more assessments. I also saw things (like the A/C units on the patios dripping condensate)....which of course, is weaking the rebar reinforcement holding up these high rise patios. (I can't figure out why the A/C isn't in the closet with the water heater like all the other condos...unless it was to separate the L/Os.