Renaissance condo to assess owners
Water intrusion has led to many lawsuits and a hefty assessment
Now, after a series of negotiations failed to produce a settlement, and with a trial date set but still a year away, the association is taking a different tack. It has voted to fix the leaks itself by hiring a waterproofing firm and a new contractor to do the work beginning next month.
“So far it hasn’t come to fruition to get them to do what’s necessary, so we are going to do it ourselves,” said John Hagerty, district manager for Sentry Management, which manages the Renaissance on behalf of the association.
The price tag? About $2.7 million.