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repairs: 1188 Richards st.

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Asun sent in this shot of the residential tower at 1188 Richards currently under the leaky condo raincoat. Apparently this building was constructed with rainscreen technology.

The most recent info I can find on these apartments is in this post on pricetags from september:

on the matter of whether the designers and contractors of 1188 Richards have paid for the repairs, the answer is… not yet. Legal action is being initiated, which involves restoring many of the entities involved to the provincial corporate registry as they were evidently dissolved to try to avoid liability. I wouldn’t anticipate a settlement until the $8 million job is pretty much complete.

So its not just woodframe and stucco buildings that have water problems, concrete towers leak as well, and they’re expensive to fix.

send your leaky tarp covered condo pictures for the repair photo album to: vancouvercondo.info@gmail.com

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Gianni33

why is it that condo buildings from the late 70's – early 80's don't have all these problems? /rolleyes

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kd

"It's unbelievable that this sort of thing would happen after all that leaky condo BS of the 90's."Deliverator … most of the current leaks are due to the 80's construction methods that failed faster on low-rises. Now … it's 15-20 year-old high-rises that are leaking en mass! I'm on the building committee for my mom-in-law's leaky high-rise and they'll probably each get whacked with $50 to $80K assessments.

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Anonymous

Articles related to Seattle based leaky condo syndrome dated as early as 1998 to 2006 confirm that human brains reinvent the learning curve of a specific memory every 7 to 9 years.http://tinyurl.com/yzmxwrState leaves condo owners in lurchLaw aimed to help suit against builders sinks casehttp://tinyurl.com/yjz6ssThe city of Vancouver, British Columbia has acted as a laboratory for studying problems with exterior cladding systems including stucco and EIFS.http://tinyurl.com/ycuc94Vancouver, B.C.: ‘A World-Class Disaster’LESSONS FROM THE NORTH If it's any consolation, British Columbia's experience offers several possible lessons in what caused the problem, how to fix it and how to prevent it. `MARKETPLACE GONE MAD'Barrett, a Seattle University graduate, was even more blistering in his assessment. His commission was told about teenagers doing electrical wiring and workers who couldn't speak English being asked to interpret architectural drawings.http://tinyurl.com/yes6jxCondo Dwellers' Lament: — When It Rains, It… Read more »

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Deliverator

I don't know what the average is, but friends of mine had to pay an assessment of $80k (!) to repair their leaky condo near false creek.The condo owners in the complex in False Creek I was renting from paid on average $90k to fix their condos in 2001.

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Deliverator

In all my travels I've NEVER seen a tarp other than Vancouver.Does anyone know if this sort of thing has happened in Seattle? What are their building codes and inspection process like? It's unbelievable that this sort of thing would happen after all that leaky condo BS of the 90's.

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Anonymous

Theres a place at Drake and Pacific that has the green mesh and scaffolding going…A place at Homer and Nelson has had guys working on it for over a year…Somebody did try to rent out a place at 1188 Richards – they had gotten tired of no windows…

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Jmitch

Notice someone is trying to sell a unit on craigslist today. $309,900 for a building that has leaked twice?? They say there is no assessment due but $309,000 for a building that has that many problems is unreal.FYI, GM Place is being painted, therefore the tarps.

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Anonymous

Look at the health of housing market in UShttp://biz.yahoo.com/special/pf121906_article1.html

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Anonymous

Hey Grover…That's not a leaky repair on GM Place…it's just the latest in retractable roof technology.

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Grover Borequist

Why is it that Vancouverites have accepted the burden of exorbitant repair bills to their condo as a fact of life? And why is the condo market still searing hot with prospects of having to pay yet another 50-100k to fix the condo in the future?As an aside, did anyone else notice that GM Place is also facing leak repairs? There's a huge tarp over the eastern side of the arena.

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Anonymous

Oh…..you wanted the non-leaky condo!…well that'll be $1000 per sq foot, instead of the discounted $600 per sq ft.

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wizardofozziejurock

Yup, I know someone who just got hit with a $70K bill for a mid nineties condo !!! Almost half of what she paid for it about 5 years ago.It's Vancouver's wet little embarrassment that just won't go away, although I know the media aren't very interested in it anymore. I imagine it makes their real estate industry friends uncomfortable.

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ReductiMat

Did that tarp make it through the windstorm?

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digi

you should budget another $30 to $50 K in the next 10 years for repairs.I don't know what the average is, but friends of mine had to pay an assessment of $80k (!) to repair their leaky condo near false creek.

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Anonymous

Re: other cities….I've travelled to a number of large cosmo type cities in the last two years for work quite a bit….New York, Paris, London, Zurich, Toronto.There's development going on in cities all the time…however. In all my travels I've NEVER seen a tarp other than Vancouver. This is definately a local thing that we have unfortunately accepted as being "normal".Someone even told me recently that if you plan on buying a condo in Vancouver, it's a fact of life you should budget another $30 to $50 K in the next 10 years for repairs.PS. This building looks great at night when the condo lights are on. Kind of like one of those sci-fi movies. I can see it now…invasion of the condo statchers…people screaming and clawing to get out of their white bubbles.

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Uncertain Buyer

All I can say is, "OUCH!!" That must be a whole lot of pain for those that own that building.

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Anonymous

what an embarrassment. Is this normal in other cities besides vancouver?

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