The land is worth about $30Mto 50M. The county or state or feds might buy it for a memorial site and public beach. I doubt if another condo goes up on the site.
Most, but not all of the residents were upper middle or upper class, many likely had insurance or other wealth. There are multiple gofundme efforts. There were 136 units and hundreds of former residents and their families, and about 140 casualties. How do you decide how to divvy up the funds? The current lawsuits were combined into one court, iirc.
On Friday, "The judge said he hoped the litigation could be resolved quickly, perhaps within a year. Until then, he authorized the receiver, attorney Michael Goldberg, to provide $10,000 each to residents for temporary housing and $2,000 to cover funeral."
Most people just want to know what happened.
https://www.local10.com/news/national/2021/07/06/building-collapse-lawsuits-seek-to-get-answers-assign-blame/