Your guide to NYC's public proceedings.
PRESENTATION
Rehabilitation work and typical project costs
0:22:53
ยท
46 sec
The project involves extensive rehabilitation work to modernize and improve the buildings. This work is aimed at enhancing the quality of life for residents and ensuring the long-term viability of the properties.
- New building systems will be installed, including low-carbon electrical and heating systems, and new water and gas lines.
- Unit layouts will be legalized and brought up to code.
- New and improved accessibility features will be added, including accessible showers and wheelchair accessibility within units.
- Most residents have seen and signed off on their new unit layouts.
- Investing in major upgrades now will reduce future maintenance, repair, and operating costs.
Regina Lovitt
0:22:53
Next slide, please.
0:22:57
Typical project costs that are included in the rehabilitation work are including new building systems, which include low carbon electrical and heating systems, and new water and gas lines.
0:23:08
Costs also go into legalizing the unit layouts and bringing the buildings up to code, introducing new and improved accessibility features, including accessible showers and wheelchair accessibility within the units.
0:23:20
Most residents in these buildings have seen and signed off on their new units layouts.
0:23:25
Next slide, please.
0:23:28
Importantly, investing in these major upgrades now will reduce future maintenance, repair, and operating costs while ensuring the building is newly renovated and in good condition before ownership is transferred.