The Real Deal New York

Cracking down on shoddy condos

August 01, 2008 04:08PM
By Barbara Thau

From the July issue: Developers beware: In a city that has been awash in an unprecedented building boom, a pair of government agencies is starting to wake up to the neglected problem of slipshod condo construction. The attorney general’s office and the Department of Buildings have vowed to crack down on shoddy developers. Condo developers who flout the rules — with everything from leaky roofs to unheated buildings — could come under increased scrutiny by the attorney general’s office, which has ramped up its Real Estate Finance Bureau.

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