Accounting for Shared Costs
We help HOAs, property managers, co-op and condo owners, directing claims and the complex communications required to restore a property.
When a fifth floor tenant of a mid-rise residential property left for a work trip during a winter cold spell, the PT air conditioning system failed, flooding out the lower four floors of their luxury condominium building located just below Houston Street on the Lower East Side of Manhattan. The condominium Board of Directors contacted Eastern Public for assistance in dealing with their insurance company. The carrier had assessed the scope of the repairs at far below the true cost needed to repair the 2005 condos, which featured top of the line finishes throughout.
In addition to negotiating coverage for the increased scope and cost of repairs, Eastern Public guided the Board and the tenants to collect insurance proceeds to cover the cost of abating common area maintenance fees for the affected tenants of the building, allowing tenants to mitigate expenses during the restoration.
More of Our Work
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![Opportunity Cost of Physical Damage]()
Opportunity Cost of Physical Damage
An apparel retailer suffered a sewer line backup, rendering their corporate office unusable. Eastern Public stepped in to reverse the carrier's denial.Button -
![Strategic Direction to Recover Arbitration]()
Strategic Direction to Recover Arbitration
ButtonWe work with HOAs, boards, and property managers, tailoring our approach to pursue our clients' most productive course of action on a claim.
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![Assessing Luxury Home Damage]()
Assessing Luxury Home Damage
ButtonWe understand the work, time and materials involved in fully restoring high-end finishes and fixtures.
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![Catastrophic Restaurant Fire Recovery]()
Catastrophic Restaurant Fire Recovery
ButtonWe manage business interruption and property loss claims for restaurants and other businesses in Manhattan and beyond.
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![Impacts of Rooftop Pool Defect]()
Impacts of Rooftop Pool Defect
ButtonWe help property managers handle claims, and tenant relationships, through unexpected disaster.
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![Accounting for Shared Costs]()
Accounting for Shared Costs
ButtonWe help HOAs, property managers, co-op and condo owners, directing claims and the complex communications required to restore a property.
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![Establishing the Value of Historic Finishes]()
Establishing the Value of Historic Finishes
ButtonWe have unique experience with specialty property valuations and high-end construction.
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![Countering an Inadequate Offer]()
Countering an Inadequate Offer
ButtonWe handle inventory loss, property damage, and business interruption for small and large commercial organizations.
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![Luxury Policy Claim Negotiation]()
Luxury Policy Claim Negotiation
ButtonThe owner of this luxury condo thought he had the best policy, but ended up headed toward arbitration. Eastern Public stepped in to correct course.
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![Correcting the Cause of Water Damage]()
Correcting the Cause of Water Damage
ButtonOur independent investigation into the cause of loss reversed the carrier's decision, resulting in full restoration of a world-class property.
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![Warehouse Damage Investigation]()
Warehouse Damage Investigation
ButtonOur independent investigation into the cause of loss of this warehouse roofing damage altered the course of the claim greatly improving the client's outcome.
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![Identifying the Cause of Loss]()
Identifying the Cause of Loss
ButtonOur comprehensive forensic investigation in this Hamptons home determined the cause of water damage--correcting the carrier's assessment.
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![Mixed-Use Manhattan Property Claim]()
Mixed-Use Manhattan Property Claim
ButtonEastern Public managed the recovery of a Soho commercial and residential space that sustained water damage affecting all six floors of the property.
