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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.
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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.
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