Ralf R. Rodriguez, a construction attorney in the firm’s Miami office, was quoted in the article “Echoes of a Tragedy: Surfside Condo Collapse Has Lasting Ramifications” by the South Florida Business Journal.
Ralf discussed how the cost of insuring a project for a general contractor has gone up significantly. Ralf says, “It can become a dealbreaker, in terms of whether a contractor will stand behind their work and put not just their reputation on the line, but their company on the line for any default that creates liability to the [building] owner.” This article focuses on how all parts of the market have been affected following the Surfside condo collapse, and the lessons people have taken away from this tragedy.
To read the full article, click here.