Here is a positive effect of the current economic slowdown: many home improvement contractors have more time to take on new projects and can be expected to be very competitive in pricing new jobs. In addition, with oil prices plummeting in recent weeks, prices for material supplies that depend on oil for fabrication and delivery are expected to drop. So now may be a good time to schedule a new roof project or build a new deck that you have been thinking about for a while. Of course, the financial crisis has made it more difficult (but not impossible) to obtain a new loan such as a home equity line of credit to finance the renovation project. If you are ready to take on a construction project, you still need to do due diligence and I recommend you obtain multiple contractor bids before proceeding. My firm can review your contract before you proceed and make sure your legal rights are adequately protected before construction begins!
Construction Law Developments
November 13, 2008
Time to Renovate?
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May 21, 2008
What I Am Working On….
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I represented Borrowers in successfully obtaining commercial construction loan financing to build a new self-storage facility in New York City.
I represented Buyers seeking to enforce their NJ New Home Warranty and contractual rights to have punch list items completed and radon remediated. (5/27/08)
April 1, 2008
Modern Mixed-Use Construction Project Progresses
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Construction is underway on a new six-story building on East 58th Street in Manhattan’s design district. The Owner of the Project is Lanson Properties, a long-time client of the Law Office of Marc H. Supcoff. The new six-story structure will house a gallery on the first two floors with the remaining four floors consisting of three separate residences, including a duplex. The general contractor is Citistructure. Progress photos of excavation and a future view of the new building are posted at: http://citistructure.com/east-58th-street/47/.
February 26, 2008
When Fixture Manufacturers And Retailers Meet In Court
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Marc Supcoff is quoted in survey article on construction litigation/claims published in June/July 2004 issue of NASM Magazine. Please copy this link in your browser to read article (Mr. Supcoff is interviewed at page 26 of magazine): www.nasfm.org/RR_Docs/nmag394.pdf
February 25, 2008
Which States Require a Contractor License?
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Contractors doing business throughout the United States often ask: Which states require a contractor license? Based upon a quick survey of the 50 states, the following states have some form of contractor licensing requirement (DISCLAIMER: this is not legal advice – you should contact an attorney for legal advice):
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia (home improvements); Florida, Georgia (speciality contractors); Hawaii, Idaho (public works); Illinois (specialty contractors); Iowa (registration); Kansas (county/city); Kentucky (specialty contractors); Louisiana; Maryland; Massachusetts (home improvements); Michigan (residential builders and specialty contractors); Minnesota (specialty contractors); Mississippi (residential builders and remodelers); Missouri (asbestos abatement); Montana; Nebraka (electrical and Douglas, Sarpy and Lancaster Counties); Nevada; New Hampshire (speciality contractors); New Jersey (home repair, public works and specialty contractors); New Mexico; New York (municipalities); North Carolina; North Dakota; Ohio (specialty contractors); Oklahoma (specialty contractors); Oregon (registration); Pennsylvania (specialty contractors); Rhode Island (residential); South Carolina; South Dakota (excise tax license); Tennessee; Texas (specialty contractors); Utah; Vermont (plumbers and electricians); Virginia; Washington (registration); West Virginia, Wyoming (speciality contractors);
February 22, 2008
NY Construction Law Developments
Posted by supcoffconstructionlaw under Construction Law Developments1 Comment
This category is for NY Construction Law Developments