Sfondo
The client, a national pension fund advisor, was in the process of purchasing a Class-A commercial office tower on behalf of an institutional pension fund. They turned to Rimkus consultants for due diligence assistance.
Servizi forniti
The Rimkus team performed an in-depth inspection of the two-million-square-foot high-rise tower in the heart of New York City. A key area of focus was the building envelope, which entailed a close-up inspection of the exterior façade, accessed using rope and harness. This high-altitude inspection revealed a major flaw in the attachment of the façade.
Our findings enabled the client to achieve a seven-figure price reduction on the property, which allowed the purchase to proceed while avoiding a costly surprise and protecting our client’s investment.