MESSAGE ABOUT CORONAVIRUS  More Link

Renovations During the Corona Crisis Should Projects Be Suspended?

Q. Our building currently has a couple of improvement projects underway - so do some of our residents. Should we immediately stop all such work because of the corona pandemic?


A. According to Manhattan-based law firm Armstrong Teasdale, "We believe a board may have the right to stop renovations during this time, but doing so is not without risk. While a board could waive any monies to which it is entitled in its alteration agreement with the owner due to a delay in a project, the owner may have contracts with their contractor, be dependent on finishing a project so they can reside in the apartment, etc. Boards could be subject to damages for stopping projects and disrupting the lives of owners, especially if the board allowed other guests in the building or did not stop building-wide projects. As to building projects for which contracts have already been signed or that are legally mandated, we suggest you discuss the consequences with counsel before suspending operations.

Related Articles

COVID-19 Q&A for Co-ops & Condos

Keeping Pace With the Crisis

Incident Response Planning

Your Key to Managing in Crisis

Coronavirus & COVID-19

Practical Considerations for Boards & Management

Coronavirus/COVID-19 Advice for Managers

Live Q&A from CAI and the CCAL

Dealing With Coronavirus Exposure

Board Powers & Limitations

More Tips for Fighting COVID-19 in Multifamily Buildings

FAQs from the NYC Department of Health

 

Comments

  • If a Condo owner is tested positive and told to remain at home, is the Owner obligated to communicate this information to the Managing Agent and/or Board Member? Or is this voluntary?