Category Archives: Newsletter

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5 ways to improve your construction site safety

The term “time is money” is quite literal in the construction industry. The constant pressure project managers and crews face to meet deadlines and stay within budget often causes safety to fall to the wayside. In 2016, out of 4,693 …

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5 secrets to successful landmark-building renovation projects

Some of the most interesting projects a commercial construction firm can undertake involve landmark-status properties. Working in buildings noted and protected for their history, architecture and age is rewarding for everyone involved. But with such distinctive projects, it’s important to …

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Liquidated damages provisions in Colorado: Alternatives allowed

Are liquidated damages clauses that allow a non-breaching party to elect an alternative remedy (like lost profits) permissible expressions of private parties’ freedom of contract? Or do such alternatives indicate that the parties never intended to liquidate damages, so as …

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Risk Management 101 for Contracts

It’s an all-too common scenario even for experienced contractors: relying on verbal conversations as a commitment for payment. It sounds simplistic, but too often I’ve seen situations in which contractors have agreed to change orders through a phone call or …

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Cutting claims for compensation by providing preventative solutions

For many Americans, meaningful access to basic healthcare is out of reach. That number is growing as more and more employees are hit with significant increases to their employer sponsored plans and opt to go without healthcare benefits due to …

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Taking on a New York project? Study up on the following statutes

As a contractor taking on projects out of state, you should be aware of locale-specific statutes that can catch you by surprise to your detriment. Here’s a look at some New York laws you should be aware of: 

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Lux Resorts launching Salt brand

Lux Resorts is launching its Salt brand in Mauritius by year’s end. Read the TTG Asia story here

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Courting capital: Finding the right financing

In a world where the options of working with a capital funding firm are many, it is important to make sure that your company is vetting appropriate partners for your business needs. In order to do this, it’s imperative that …

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Business strategy: Diversify or specialize services?

I learned about a company recently that has proactively developed a niche to physically lift homes to meet current hurricane-proof standards. Based on a federal grant for homeowners, the construction company is tapping a need that has meant growth for …

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Merchants Hospitality buys Z NYC Hotel for $43M

Merchants Hospitality has purchased the Z NYC Hotel in Long Island City, N.Y., for $43 million. The buyer plans to add a 109-unit apartment building to the property, where the late former taxi magnate Henry Zilberman developed the hotel in …

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