Comments on: repairs: 1188 Richards st.

By: Gianni33

Gianni33 — Fri, 22 Dec 2006 01:39:00 +0000

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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By: kd

kd — Wed, 20 Dec 2006 00:57:00 +0000

"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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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 23:31:00 +0000

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/yzmxwr
State leaves condo owners in lurch
Law aimed to help suit against builders sinks case

http://tinyurl.com/yjz6ss
The city of Vancouver, British Columbia has acted as a laboratory for studying problems with exterior cladding systems including stucco and EIFS.

http://tinyurl.com/ycuc94
Vancouver, B.C.: â€˜A World-Class Disasterâ€™
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/yes6jx
Condo Dwellers’ Lament: — When It Rains, It Pours In

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By: Deliverator

Deliverator — Tue, 19 Dec 2006 22:34:00 +0000

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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By: Deliverator

Deliverator — Tue, 19 Dec 2006 21:57:00 +0000

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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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 17:55:00 +0000

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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By: Jmitch

Jmitch — Tue, 19 Dec 2006 17:01:00 +0000

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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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 16:11:00 +0000

Look at the health of housing market in US

http://biz.yahoo.com/special/p.....icle1.html

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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 16:02:00 +0000

Hey Grover...

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

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By: Grover Borequist

Grover Borequist — Tue, 19 Dec 2006 09:25:00 +0000

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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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 06:50:00 +0000

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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By: wizardofozziejurock

wizardofozziejurock — Tue, 19 Dec 2006 05:55:00 +0000

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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By: ReductiMat

ReductiMat — Tue, 19 Dec 2006 05:31:00 +0000

Did that tarp make it through the windstorm?

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By: digi

digi — Tue, 19 Dec 2006 02:01:00 +0000

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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By: DEFAULT NAME

DEFAULT NAME — Tue, 19 Dec 2006 01:08:00 +0000

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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By: Uncertain Buyer

Uncertain Buyer — Tue, 19 Dec 2006 00:29:00 +0000

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