Condo Construction Complaints
From Aaron Brashear, Concerned Citizens of Greenwood Hts. , [email protected]
http://www.brownstoner.com/brownstoner/archives/2007/08/complaints_rise.php#comments
http://www.nytimes.com/2007/08/26/realestate/26cov.html
If you did not see this piece over the weekend in the Real Estate section of the NY Times, you should definitely check it out (links above).
Seems what many of us have been shouting (at the top of our lungs, it seems) for quite some time to the press, politicos and would-be buyers.
Besides the shoddy finishing and issues with closings, unfinished punch lists and down right lying, I still will reiterate that I am both curious and scared at the state of 90% of the new condos in our area in the next 5-10 years. Our 100+ frame, brick and brownstone homes have stayed in pretty good shape, through all the wear and tear. My fear is we’ll be seeing these new concrete & block buildings coming down way before our older homes. That’s of course if they we’re wrecked by a developer putting up a new one (sorry to be crass).
I especially love this excerpt form the Times article:
Greg Baron, one of the project’s developers, said he did not feel comfortable explaining reasons for delays to buyers who did not have construction backgrounds and therefore would not understand the project’s complexity. But he later told a reporter that the project involved constructing two buildings on one of the steepest hills in Manhattan.