The Miller Law Firm recovers $2.33 million for luxury Hayes Valley condos with construction defects
PR Newswire
10 January 2017
SAN FRANCISCO—The Miller Law Firm has recovered $2,330,000 for a Hayes
Valley Homeowners Association for construction defects, a record
recovery of nearly $73,000 per-unit reached in just 14 months from
filing the complaint in San Francisco Superior Court. In the last 5
years alone, numerous San Francisco Condo Associations represented by
The Miller Law Firm have recovered nearly $45 million for shoddy
construction and severe building performance violations.
The developer and 5 subcontractors will pay $2.33 million through their
insurance policies to this 33-unit mixed-use condominium project under
a settlement agreement with confidentiality requirements. This
luxury mid-rise building in the popular Hayes Valley neighborhood is
just one of many constructed in the area in the last decade. Hayes
Valley saw a spike in new home condominium construction after the
destruction of the Central Freeway, which revitalized the neighborhood
making way for mixed-use buildings and enticing owners to this
performing-arts district.
The luxury project was only 5 years old when they filed a complaint for
building deficiencies that included improper installation of podium
deck waterproofing resulting in water intrusion in the garage,
improperly sloped driveways, active water leaks in several locations,
improperly sealed stone veneer, heavily stained and cracked stucco
finish, improper drainage at the roofs, improper lobby ventilation, and
improper installation of the firestopping.
strict confidentiality hurts future buyers
According to Thomas E. Miller, CEO of The Miller Law Firm, "When
insurance companies pay-out millions of dollars for construction defect
claims, they require a full and complete release for all current and
future claims as well as strict confidentiality. This secrecy becomes
the norm and it prevents consumers from knowing which Builders have a
pattern of shoddy workmanship, which results in unsuspecting and often
disappointed buyers. In the end, Homeowners Associations are
willing to accept these terms in order to provide the large recoveries
needed to rebuild their communities."
According to Rachel Miller, Senior Partner of The Miller Law Firm,
"Having delivered $45 million to San Francisco Condo Associations for
sub-standard construction highlights that builders and their insurance
carriers can and should be held to the fire, and Associations and their
owners will receive the funds they need to rebuild their community and
their lives."
Note:
That no names have been included with this news release.
—CondoMadness
top contents
appendix
previous next