))
The Terracotta Trap: Why the 'Obvious' Fix Isn't Always Right
Manage episode 492196365 series 3397088
Вміст надано Habitat Magazine. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Habitat Magazine або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
When a century-old building's terracotta cornice started cracking, the board faced what seemed like a straightforward fix: replace the damaged sections with new terracotta. But a closer examination of the numbers told a different story, says Michael Wolfe, president of Wolfe Realty Services, who consulted with the board. The cornice work cost $750,000, and the total project totalled $1.2 million when scaffolding and mobilization was factored in. By thinking ahead, this building avoided spending another $300,000-$400,000 on future mobilization costs when those terracotta patches would inevitably fail again. In this episode, Wolfe shares why it might pay to spend more upfront — sometimes the "obvious" solution isn't the smartest one — especially when you're planning for the long haul. Habitat’s Carol Ott conducts the interview.
Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!
69 епізодів
Поширити
