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Category: Capital Improvement Program

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3

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…

Tags: Fannie Mae, maintenance, RAND, RAND Engineering & Architecture, reserves, special assessments
Weathering the Storm: Emergency Preparedness & Storm Resiliency

After last week’s record-breaking rainfall caused flooding, power outages and widespread damage to buildings and infrastructure, the New York City Department of Buildings (DOB) released a…

Tags: building surveys, Department of Buildings, DOB, emergency preparedness, engineering survey, flood damage, flooding, generators, hurricane damage, Hurricane Ida, leaks, mold and moisture, NYC Buildings, Physical Condition Survey, power outage, storm precautions, storm resiliency, structural damage, water damage
Keys to a Successful Capital Improvement Program

We were the project engineer/architect for a large capital improvement project at Nordeck Apartments, a six-building, 343-unit complex near the Atlantic Ocean in Arverne, Queens, that…

Tags: capital improvement project, capital improvements, construction manager, RAND, RAND Engineering & Architecture, storm damage, storm resiliency