The New York Times reports that throughout NYC and beyond, “there has been there has been an addition to the hubbub: Contractors, lines of them, waiting for authorization to ascend the elevator to the apartments they are in the process of renovating.” For a country that has been reeling from a tough recession over the […]
Category: construction liens
Construction, construction contractors, construction economy, construction liens, contractors v. clients, Mechanics Liens, property liens
Current Economic Environment Leads to Shoddy Work and High Receivables?
When the economy collapsed over a year ago, the construction industry when down with it. As we’ve all heard over the past year, much of the boom was a result of a real estate bubble that was caused by loose bank lending practices. Companies and individuals were able to get lost cost mortgages, and where able […]