Restoring respect, accountability and transparency

Unlike prior boards that seemed to believe being a director made you king of 900 Biscayne, the majority of the slate elected in 2023 understands that the opinion of every unit owner at 900 Biscayne is worth listening to, and that the Board serves the unit owners (not the other way around). They have demonstrated it with transparency and accountability, listening to differing opinions and admitting when they have erred.

Gone are the recent abuses of prior boards that limited unit owners to speaking for only two minutes at board meetings (and had security guards ready to escort out owners who complained), the board meetings that dissolved into chaos and accomplished nothing and the big egos that thought they were the only ones with good ideas.

Now and in the future, this slate will continue to serve with respect for all unit owners and their opinions, delivering timely information and taking a step back when needed.

Getting a financial mess under control

The board elected in 2023 inherited the largest deficit in association history (as clearly documented in the 2023 Association financials), came on the heels of a 30% increase in association fees and, to top it off, began their term fighting a lawsuit from the commercial unit owners that resented how "their" candidates had not been elected. In spite of that, this board took the financial situation under control.

We implemented disciplined capital allocation and improved cash management, were able to find free cash flow to pay for important projects, and began taking a hard look at things like the valet service and insurance costs that can really hurt the bottom line.

As a result, we have set ourselves up to find capital improvements out of the reserves, with no further financial hit to unit owners.

Moving forward on important projects

Dysfunction and chaos from prior boards has meant that many much needed improvements at 900 Biscayne have been stalled for years. This board took on many overdue projects, including a revamp of the elevators, remodeling of carpets in common areas, updating the residents' room and finishing remediations to the outside of our property, and put them in the fast lane. Residents will be seeing clear results over the next few months, as per the project plans sent to all owners from KW.

2024 will be a crucial year to make sure these projects come to completion. Significantly changing the structure of the board or the management will cause delays and likely result in cost increases.