Insurers Consider Impacts of Troubled NYC Tower on Office-to-Residential Marketplace
· enr.com
While the investigation dig into what caused a pair of columns to buckle on a New York City office tower conversion, insurers and other risk management experts are keeping a close eye on whether the incident will spur more stringent regulations for similar projects.
While lenders are closely watching the investigation into the buckled columns and sagging floor the former Pfizer headquarters in New York City, insurers are fo...