I'm in and out of there all the time, always hopeful to see repairs beginning, but nothing yet. Frankly, waiting for a resolution through the courts is probably pointless, as any judgement is likely to be years away and the entities being sued are likely to never pay or make good. The association needs to put their big-kid pants on, determine what the repairs will cost, get them done via a special assessment and MOVE FORWARD!
Getting the repairs started will repair the market-value foundation in the community, perhaps open the complex to being deemed "financable" and attract actual owner-occupants!
Until there is some sort of move in this direction, I advise all my clients away.
I was asking the same question to a property manager that I have known for years. He told me that they have big time mold issues. But I still wonder if it has been dealt with yet as the location and price is ideal. I have recommended my buyers to stay away from that complex for now unless I hear something different.
I went to see The Hamptons last month and I asked around about the status and there are simply no answers. The re-construction project appears to be stuck, and my buyers invested elsewhere.