National

Condo property managers are coping with new schemes

Someone had kicked the door in on the foreclosure on the 33rd floor at The Club at Brickell Bay. Last week, Lori Rice, the building's property manager, pushed it open. Inside, she found the tell-tale signs of a squatter: a mattress on the floor, a few toiletries in the bathroom.

''Clearly, a man was staying in there,'' Rice said, adding that she called the police.

When police arrived on Monday they found the marble floors splashed with black paint. The man had fled, leaving destruction in his wake -- along with a change of clothes in the washing machine.

Among the decidedly low-rent problems plaguing South Florida's luxury condo market, squatters are the latest headache to arise from the glut of vacant foreclosures in some of Miami's toniest condominiums.

Read the complete story at miamiherald.com

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