29 Min.
63. Bronx Building Collapse and The Retainage Reduction Act NYC Real Estate
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Host Mark Levine of NYC Property Management firm EBMG dives real-time into the building collapse on December 11, 2023 at 1915 Billingsley Terrace in the Bronx. The horrific collapse occurred roughly 4 hours prior to taping.
Mark walks listeners through what may have lead to the collapse and the various filings that were made over the course of the last 8 - 10 years. Hint: This is an extensive coverage of LL11 / FISP items.
Email the show! nycrealestatepodcast@gmail.com
In addition, Mark also takes listeners through the new Retainage Reduction Act, effective November 17, 2023. This is a new law and relates to construction projects over $150,000 (retainage amounts are now capped at 5% and then there are some other restrictions).
Lastly, reminders to listeners on properly filing HPD Multiple Dwelling Registrations, Bed Bugs Filings and Board Conflict Disclosure Forms.
If this episode is helpful, please s7ubscribe and share!
Mark can be reached at his corporate email at mblevine@ebmg.com or directly at 212-335-2723 x.201.
Happy Holidays from the NYC Real Estate Podcast!
Host Mark Levine of NYC Property Management firm EBMG dives real-time into the building collapse on December 11, 2023 at 1915 Billingsley Terrace in the Bronx. The horrific collapse occurred roughly 4 hours prior to taping.
Mark walks listeners through what may have lead to the collapse and the various filings that were made over the course of the last 8 - 10 years. Hint: This is an extensive coverage of LL11 / FISP items.
Email the show! nycrealestatepodcast@gmail.com
In addition, Mark also takes listeners through the new Retainage Reduction Act, effective November 17, 2023. This is a new law and relates to construction projects over $150,000 (retainage amounts are now capped at 5% and then there are some other restrictions).
Lastly, reminders to listeners on properly filing HPD Multiple Dwelling Registrations, Bed Bugs Filings and Board Conflict Disclosure Forms.
If this episode is helpful, please s7ubscribe and share!
Mark can be reached at his corporate email at mblevine@ebmg.com or directly at 212-335-2723 x.201.
Happy Holidays from the NYC Real Estate Podcast!
29 Min.
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