White Paper

3 Pages
  • 3 Pages

Condo Co-Op Help Line: Failed Project

 

Learn how to manage a failed project.

There is a substantial amount of construction work that co-op and condominium boards need to have performed each year. This includes façade inspection and rehabilitation, boiler replacements, roof and window repair or replacements, and steam and hot water valve replacements to name a few. Occasionally the work that needs to be done doesn’t go well, which leaves the boards and managing agents left to pick up the pieces. This white paper reviews the process of how the boards and agents start picking up those pieces and what an investigation entails.