Parking Structure Inspections Now Mandatory in NYC

Published on Feb 17, 2022 by Garages, Inspections, New York City, Safety, Structuralin Garages, Inspections, New York City, Safety, Structural

nyc parking structure inspections

New York City is finally catching up with the rest of the State regarding mandatory periodic parking garage inspections. As of January 1, 2022, parking structures in New York City are required to be inspected periodically per Local Law 126...

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After Condo Collapse, Fannie Mae Toughens Loan Standards for Buildings with Significant Deferred Maintenance

Published on Feb 15, 2022 by Building Surveys, Capital Improvement Program, Uncategorizedin Building Surveys, Capital Improvement Program, Uncategorized

After Condo Collapse, Fannie Mae Toughens Loan Standards for Buildings with Significant Deferred Maintenance

As of January 1, 2022, potential homebuyers may be finding it tougher to finance the purchase of units in cooperatives and condominiums. In response to last June’s tragic Surfside, Florida condo collapse, mortgage giant Fannie Mae, a government-sponsored enterprise (GSE),...

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