Threatened Steel and Aluminum Tariffs Worry the Construction Industry

Contractors’ Budgets Could be Disrupted by Steel and Aluminum Tariffs Contractors contemplating bidding on high-rises and residential multifamily projects may have to rethink their pricing if the tariffs President Trump announced on Thursday are actually imposed.  These projects are heavy users of steel and aluminum and a threatened 25% tariff on steel imports and a 10% … Read more

Damages For Delay in Construction Projects

Damages for Delay in Construction Projects

Best practices for recovering damages for delays in construction (and avoiding them altogether)

Construction projects are complicated undertakings from the standpoint of both owners and contractors. One aspect that we have to anticipate – and which is most frequently the subject of dispute, disagreement, conflict and stress for the parties – is the scheduling of the work and the timely completion of the project.

Time is money. Delays in construction put all parties at risk.

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Chicago’s Deconversion Wave

  It’s an unusual reversal: investors in Chicago are “deconverting” condominiums into rental units. Several high-profile condominium buildings downtown are marketing their buildings to developers. Why now?  There’s a preference to rent rather than buy among many millennials flooding into hip urban areas. Empty nesters who do not want the hassle of home ownership are … Read more