New York City is known worldwide for its buildings, and is a site of constant construction throughout every year. Construction project range from renovations of single family homes to the development of towering skyscrapers. Of course, with so many projects underway every day, there are often disputes which can require the services of attorneys who are experienced in construction litigation. Those disputes are often between the contractor who is working on the project and the owner of the property.
If you're a contractor, subcontractor or material supplier involved in construction projects in New York, you've probably filed a mechanic's or materialman's lien against a property when a contractor hasn't paid you for your work or materials. It's one of your most efficient and effective ways of obtaining payment, but it's not foolproof. If you don't file a lien properly and act within designated time limits, you could lose your right to use this valuable collections tool.
Developer Gamma Real Estate is planning a new luxury-condominium supertower called The Sovereign on East 58th Street between First Avenue and Sutton Place. It has already purchased and demolished the four-story walkups that were there and has begun digging for the new tower's foundation.
New York is in the midst of allegations of a multi-million dollar contract breach. The issue involves the famed observation wheel. The wheel was designed to be the highlight of the redevelopment plan for the North Shore. It is touted to be a "must see iconic structure that will change the New York City skyline forever."
Construction projects can be massive undertakings. This is particularly true when they involve commercial buildings, major renovations or any project involving several parties. Considering all these moving parts, it can be easy for disputes to arise regarding delays, materials or incomplete work.