The Little Penthouse That Couldn't

 
From: "Barry Schmidt" <info@schmidtconcon.com>
Subject: The Little Penthouse That Couldn't
Date: December 18th 2012

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Schmidt Construction Consulting

Construction Case
                    Study




Condominium

The Little Penthouse
That Couldn't


Design changes to add value can lower your rate of return,
if not made on time.

Changes made after completion of the design documents are common causes
for delays and cost overruns. Often developers will push to complete
drawings and break ground without thoroughly understanding the design.
That push can lead to an untimely realization that various design aspects have not been thoroughly considered by the owner, and possibly
not optimized for the specific market demand.

If the sales team comes in later and suggests changes to add value, a critical decision point arrives for the developer. Should I make changes and risk delays and overruns? Will the benefits outweigh the costs? This is not a decision to be taken lightly as the overall rate of return could be enhanced or diminished based on the next move.


Click Here to read more.

Keep control over your projects

and minimize mistakes, delays

and cost overruns.


Identify and correct problems

early with proactive expert 

monitoring and coordination

of the design and

construction process.


We serve New York City

and the greater metropolitan

region on commercial,

residential, institutional,

governmental and retail 

projects.

__________________________________________________________________________________
  
Real Estate Developers
Millenium Partners
RFR Davis and Partners
Gotham Organization
Rosewood Hotels and Resorts
  Corporations / Agencies
Scholastic Inc.
Sotheby's International
Social Security Administration
Maurice Villency  
  Non Profit Organizations
New York Public Library
City University of New York
Joseph Papp Public Theater
Carl Icahn Charter School

The displayed projects and clients highlight founder Barry Schmidt’s twenty-five years of
experience in the construction industry,managing major projects valued from under $1 million
to over $100 million, in new construction, renovation and commercial and retail fit out.
 

Keep
                    Control          Save Time          Save Money
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