Construction Completion After a Lender Takeover
Untangling a Troubled, Unfinished Building
The walls had already been closed, but substantial interior work remained unfinished. Earlier installations also needed correction, so completing the apartments meant addressing work hidden behind the finished surfaces.
Establishing the Completion Scope and Budget
We reviewed the building’s condition to identify corrective work and unfinished construction. From that review, we developed a completion scope and budget for the lender.
Correcting the Inherited Building Systems
We addressed plumbing, electrical, and mechanical problems, along with window issues and leaks. The corrections included reworking rough-ins, the pipes and wiring installed before walls and finishes are completed.
Finishing the Apartment Interiors
We completed the apartment interiors within the design already in place, including kitchens, bathrooms, cabinetry, appliances, and finishes.
The kitchen combined fitted cabinetry and built-in appliances with an island facing the living space. The bathroom included a floating vanity, recessed wall niches, and a glass tub enclosure.
Resolving Outstanding Subcontractor Obligations
The lender also inherited unpaid bills and invoices from the earlier construction. We worked with existing subcontractors where possible and negotiated outstanding obligations, settlements, and final payments.
Coordinating Signoffs and Occupancy Documentation
We coordinated completion-related approvals and helped secure signoffs and a certificate of occupancy for the building.