It wasn’t from a building inspector. It was from an engineering consultant hired by the board.
And yes, there presumably was a failure on the part of the engineer to communicate due urgency.
The engineering report cited in this article is only nine pages long and includes no assessment of the structural integrity of any part of the building. It was basically a visual inspection where the engineer highlighted a number of problems and recommended some general solutions. The main focus appears to be water infiltration into individual condo units during storms. Interestingly, the report noted a poor feature in the original design that caused water to pool instead of draining properly, and noted some cases of poor workmanship in some repairs that had been done over the years.