RT ECP: Habitational

May 31, 2013

Hidden Mold

Source: Great American Environmental Division, May 2013 An apartment management company was notified of a water leak in the ceiling of one of their units during a heavy rainstorm. After the storm, the property management company sent out their repair contractor to inspect the damage and to provide a cost estimate for the repairs. During […]

May 30, 2013

Commercial Office Space Impacted by Plume

Source: Great American Environmental Division, May 2013 While performing due diligence in the course of selling an apartment building, the owner of the apartment building learned that an underground plume of contaminants from a neighboring property had impacted their site, resulting in vapor intrusion into several of their buildings. Unfortunately, the source of the plume […]

May 30, 2013

Meth Lab

Source: Great American Environmental Division, May 2013 During the process of divesting an apartment property, the due diligence investigation revealed a tenant who had been arrested on illegal gun sale charges and suspected methamphetamine manufacture and sale. Despite the fact that the unit had been repainted several times, environmental testing confirmed that it was tainted […]

May 30, 2013

Regulatory Re-Opener at Apartment Complex

Source: Great American Environmental Division, May 2013 An owner of an apartment complex constructed in 1998 discovered that the apartment was built on previously contaminated property. The historical use of the site included a gas station. Prior to construction of the apartment complex, the Underground Storage Tanks were removed and 22,000 tons of contaminated soil […]

May 30, 2013

Unexpected Asbestos

Source: Great American Environmental Division, May 2013 A General Contractor (GC) was renovating an older apartment building when their flooring subcontractor noticed that there was old tile underlying a plywood subfloor. During the initial process of ripping up the subfloor, some of the tile underneath was disturbed. The project vas stopped in order to test […]

April 12, 2013

Sick Building Blues

Read this Risk Scenario presented by  Risk & Insurance.  It begins with “The Scenario” followed by “The Analysis.”

December 11, 2012

Hypothermia and Carbon Monoxide Poisoning Cases Soar in City After Hurricane

Source: New York Times Online, November 29, 2012 Posted on: http://specialfpn1.advisen.com The number of cold-exposure cases in New York City tripled in the weeks after Hurricane Sandy struck compared with the same period in previous years, the health department reported in an alert to thousands of doctors and other health care providers on Wednesday. And […]

April 4, 2012

Mold Claims for Damages Get New Life

Source: The Wall Street Journal, April 1, 2012 By: Josh Barbanel The problem of mold—that furry, slimy or powdery substance that grows in damp places—just got a lot more dangerous, at least for landlords and co-op and condo boards in New York. Four years ago, a key appellate court decision in Manhattan blocked millions of […]

July 7, 2011

Kendall Yards suit settled

Source: http://www.spokesman.com, July 5, 2011 By John Stucke A legal fight over an $8 million pollution cleanup at the Kendall Yards housing development near downtown Spokane has been settled. The lawsuit didn’t threaten current homebuilding on the 77-acre site along the north bank of the Spokane River. Rather, it was a dispute involving a company […]

June 14, 2011

Ciba-Geigy Corp. settles toxic waste lawsuit with Toms River homeowners for $20 million

Source: http://www.app.com, June 13, 2011 By: Erik Larsen A $20 million settlement has been reached between the former Ciba-Geigy Corp. and thousands of people who contended that the value of their property was diminished by the dumping of toxic waste near their homes in Toms River. The plaintiffs in the class-action lawsuit represent those residents […]

May 23, 2011

Condo owners awarded $7.7 million

Source: Post & Courier (Charleston, SC), May 21, 2011 Posted on: http://envfpn.advisen.com Mark Teseniar was skeptical when his telephone rang in 2007. On the line were his tenants who had just moved into a Johns Island condominium that he and his wife, Nan, own at Twelve Oaks at Fenwick, off Maybank Highway. “They complained pretty […]

May 5, 2011

Mold Problems Still Growing for Real Estate Lenders

Source: Mortgage Servicing News, July 3, 2006 Posted on: http://envfpn.advisen.com The steady growth of mold litigation has not slowed in the commercial and resident real estate industries, according to the Greenguard Environmental Institute, which says this expanding legal gray area has compelled lenders to protect their mortgage portfolios by working with insurers and environmental consultants […]

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