HVAC Defects in New Brooklyn Condo: Who Pays for the Fix? (NY)

/ Owner - June 4, 2024

Five years ago, a man bought an apartment in a newly construction Brooklyln condominium. From the beginning there were problems with the heating, ventilation and air-conditioning system. The problems persist, and the repair cost is now $90,000. The sponsor has taken repair funds out of the building’s operating budget, leaving the budget in the red and the reserve fund gutted. Who is responsible for the cost of the repair: the sponsor or the residents?     Read the article…………………………….

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