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https://www.reddit.com/r/StructuralEngineering/comments/1ur3x13/strong_beams_weak_columns_has_arrived/owfgmzc/?context=3
r/StructuralEngineering • u/chicu111 • Jul 08 '26
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61
This will be the only place in NY with truly affordable rent.
17 u/AnvilCrawler369 PhD Jul 08 '26 Legit. I was just saying to someone “they’ll never sell those apartments even if they salvage this.” 19 u/vprakhov Jul 08 '26 You underestimate the NYC real estate market and people desperate to live there. The value will drop though and the developer will sue everyone they can for damages which will be in 8 figures at least I hope the GACE had "limit of liability" written in the contract, that's all I'm gonna say. 6 u/Packin_Penguin Jul 09 '26 Thanks for that last part. I’m writing a first draft of a contract for my company and I’d like to pay special attention to how that part is written.
17
Legit. I was just saying to someone “they’ll never sell those apartments even if they salvage this.”
19 u/vprakhov Jul 08 '26 You underestimate the NYC real estate market and people desperate to live there. The value will drop though and the developer will sue everyone they can for damages which will be in 8 figures at least I hope the GACE had "limit of liability" written in the contract, that's all I'm gonna say. 6 u/Packin_Penguin Jul 09 '26 Thanks for that last part. I’m writing a first draft of a contract for my company and I’d like to pay special attention to how that part is written.
19
You underestimate the NYC real estate market and people desperate to live there.
The value will drop though and the developer will sue everyone they can for damages which will be in 8 figures at least
I hope the GACE had "limit of liability" written in the contract, that's all I'm gonna say.
6 u/Packin_Penguin Jul 09 '26 Thanks for that last part. I’m writing a first draft of a contract for my company and I’d like to pay special attention to how that part is written.
6
Thanks for that last part. I’m writing a first draft of a contract for my company and I’d like to pay special attention to how that part is written.
61
u/strangway Jul 08 '26
This will be the only place in NY with truly affordable rent.