A luxury 24-unit Manhattan condo, built in 2013, sustained catastrophic damage after a water supply line on the rooftop bulkhead froze, then burst. After months of negotiation, the Board and Managing Agent reached an impasse with their insurance carrier, who demanded arbitration for what they believed to be a $150,000 loss.
The Board contacted Eastern Public to assist with the arbitration hearing. After careful review of the case, Eastern Public advised the board to take a different approach. We engaged the insurance carrier, arranged for the carrier to withdraw their arbitration demand contingent on Eastern Public investigating, preparing and presenting the claim in a full and fair manner. Following extensive efforts, EP strategy resulted in the resolution of the claim for well over seven figures, and helped the client avoid costly litigation.
We handle inventory loss, property damage, and business interruption for small and large commercial organizations.
We managed business interruption and property loss claims when a traditional Japanese restaurant in Manhattan sustained a catastrophic fire.
Restoring a home to its original condition requires more than just insurance claims management. We have unique experience with specialty property valuations and high-end construction.
We help property managers handle claims, and tenant relationships, through unexpected disaster.
We've worked extensively with HOAs, property managers, co-op and condo owners, directing claims and the complex communications required to restore a property.
The owner of this luxury condo thought he had the best policy, but ended up headed toward arbitration. Eastern Public stepped in to correct course.
Eastern Public conducted an independent investigation into the cause of loss of this warehouse roofing damage, altering the course of the claim to improve the client's outcome.
Eastern Public managed the recovery of a Soho commercial and residential space that sustained water damage affecting all six floors of the property.
Eastern Public conducted a comprehensive forensic investigation in this Hamptons home to determine the correct cause of water damage as roof damage from a windstorm--not the carrier's original assessment.
We work with HOAs, boards, and property managers, tailoring our approach to pursue our clients' most productive course of action on a claim.
We understand the work, time and materials involved in fully restoring high-end finishes and fixtures.
Our independent investigation into the cause of loss reversed the carrier's decision, resulting in full restoration of a world-class property.