A member of Investigative Reporters and Editors, Richard has been a fellow on drone safety with the McGraw Center for Business Journalism at the Craig Newmark Graduate School of Journalism at CUNY. In 2023 the American Society of Business Publication Editors awarded Richard the Stephen Barr Award, the highest honor for a single feature story or investigation, for his story on the aftermath of a terrible auto crash in Kentucky in 2019, and in 2015 the American Business Media awarded him the Timothy White Award for investigations of surety fraud and workplace bullying. Completion is expected by the end of the year.ĭeputy Editor Richard Korman helps run ENR's business and legal news and investigations, selects ENR's commentary and oversees editorial content on ENR.com. The developer's parent company, Miami-based Generation Development Group, says the $65-million adaptive reuse of waterfront warehouse structures and grain silos will create lofts, offices and art gallery spaces. The matter "became more unsettling" because "the owner had procured inadequate builders' risk coverage, and the builders' risk insurance carrier denied coverage," said the contractor. Arc stated that its consultant on the damage showed that "most of the installed drywall had not been compromised by the water infiltration."Īrc further claims that Silo City had failed to purchase enough builders' risk insurance, according to the terms of its contract with Arc, and that the policy would have covered costs involved in the damage. They "were simply wrong" in requiring that all drywall and insulation "needed to be removed," the contractor argued. Any trial, if it goes that far, is many months away.Īrc's defense, in documents filed in state court, claims that Silo City and its architect wanted all installed drywall removed from the partially finished structure. Originally filed last July, Silo City's state court breach-of-contract lawsuit is now in the discovery stage. Those companies initiated litigation against the developer in federal court anticipating a claim under the surety bond. "The insurance was denied because interior damage didn’t occur in a fully enclosed structure and our position is you weather-tight the structure before you drywall," Silo City attorney Steven Klutkowski says.Īrc's sureties, Travelers and Liberty Mutual, also are defendants in the state-court lawsuit. Silo City says the building should have been storm-proofed before interior wall construction. The insurer is not a party to the lawsuits and its parent company, American Financial Group, could not immediately be reached for comment. The project's builders' risk insurer, Great American Insurance Group, rejected Arc's claim, the companies involved in the project said. Arc "inappropriately" proceeded with interior construction that was "wet and compromised" and "not new and free from defects," the developer claims.
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