New York is “Florida” when it comes to new construction defects
By Teri Karush Rogers |February 24, 2011 - 12:44PM
“New York used to be known as
a well-built city, but the last construction boom had so many problems, it’s
really like being in Florida,” assistant New York State attorney General
Marissa Piesman said last night at a forum for frustrated co-op and condo
Piesman, who works in the Real
Estate Finance Bureau of the attorney general’s office, seemed to be on
intimate terms with the fallout of the construction boom and the increasing
difficulty of addressing complaints.
“It used to be that a phone
call from the Attorney General’s office would be sufficient but in the last two
years since the economy tanked, it’s been hard to get sponsors to be
responsive,” she noted.
Faced with a tsunami of
construction defect complaints, the AG’s office now attempts to mediate rather
than litigate. But whether it gets involved at all depends on the scope of the
problem: Bigger fish get fried first.
“We’re more likely to get
involved when there’s a systemic problem across a whole building rather than a
problem affecting one individual,” she said.
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