Claims for Construction Defects in Florida One of the most frustrating events for a residential homeowner, or a commercial property owner, is the day that they find construction defects on their property. From that time forward, the steps that are taken by the property owner to preserve all available evidence and claims against the responsible… Continue Reading
Adam F. Haimo
Florida Property Owners: Be Aware of This Procedure Before Filing a Construction Defects Claim
Construction Concepts Tip #4: Substantial Completion
Posted in Construction With New Construction Projects Abound, Remember to Focus on “Substantial Completion” A quick trip down Brickell Avenue, up the Biscayne Boulevard Corridor, or along Miami Beach’s Collins Avenue will confirm the statistics from a recent report that nonresidential and residential construction contracts are up 62% for the year to date throughout greater Miami and Ft… Continue Reading
Construction Concepts Tip #3: Liquidated Damages
Posted in Construction A recent report from McGraw-Hill Construction’s research and analytics unit reported that the total volume of construction contracts in the Miami/Fort Lauderdale area has reached $2.29 billion for the year to date, a 54 percent increase over the same period last year. This report is one of many indicators of the explosion of new construction… Continue Reading
Contracts for Future Residential Construction Fuel Florida Rebound
Posted in Construction The total dollar value of contracts for future residential construction in Florida has risen more than 45 percent for the year to date, which translates into approximately $1.2 billion of new construction work in a state that took a significant beating in the last recession. According to McGraw Hill Construction’s latest report on the Florida… Continue Reading
Construction Concepts Tip #2: Construction Bonds
Posted in Construction In the last posting, and in light of the explosion of new construction in the South Florida real estate market, we began to explore certain issues that owners and developers should consider before beginning a project and signing a construction contract with a general contractor. The first tip was regarding change orders. Our second tip… Continue Reading
Construction Concepts Tip #1: Change Orders
Recently, an article in the South Florida Business Journal suggested that South Florida is starting to see an explosion of new construction. The article stated: South Florida contracts for future construction increased in May, with total building skyrocketing 131 percent, according to the research and analytics unit of McGraw-Hill Construction. With projects such as Resorts… Continue Reading