The extreme durability and fire and chemical resistance of asbestos made it a popular building material in the 1900s. While it is still used today in limited amounts, we now know that the microscopic fibers that made asbestos so durable can easily become airborne and pose a threat to public health and safety. Today, we recognize asbestos as a human carcinogen and, in addition, it is the culprit of a variety of other lung, chest and abdomen illnesses. Although the dangers of asbestos are widely known, it is still found in limited use in construction currently.
As a result, current Federal as well as sate and/or city regulations requires an asbestos survey to be conducted before renovation or demolition of any building, regardless of year of construction. This measure ensures that if asbestos is present it is not released into the environment where it can cause potential harm to humans. In fact, many building agencies will not even issue permits prior to conducting and receiving the results of the asbestos survey. An asbestos survey is an important, necessary measure for any real estate renovation.
December 04, 2024
Partner Engineering and Science, Inc. is pleased to announce the appointment of Nik Van Vliet as its newest commercial lending specialist, bringing over 17 years of expertise in commercial lending and specialized SBA financing to the organization.
December 04, 2024
Many national retailers use the NNN sale-leaseback model to expand geographic presence while reducing debt and avoiding the risks of real estate ownership the risk to be successful in a sale-leaseback investment. By engaging a consultant expert in CRE as well as the engineering and construction of commercial buildings, sale-leaseback investors can protect their cash flow and capital while enjoying the hands-off ownership experience.
November 26, 2024
In this Globe St. article, Jason Coray discusses building stability and how to assess the seismic risk and building stability for your commercial real estate (CRE) property or portfolio.
