MIAMI—A private bidder is willing to offer up to $120 million to purchase the Miami-area oceanfront property where the collapsed Champlain Towers South building once stood.
The offer was revealed Wednesday during a hearing before Circuit Judge Michael Hanzman, who is overseeing the dozens of lawsuits that have been filed since the condominium collapsed on June 24, killing 98 people. Officials are still trying to determine what caused the building to collapse.
