Rego Park Parking Structure
Local Law 126/Parking Structure Restoration
Rego Park
2024
OVERVIEW
This 500-unit condominium has a plaza and parking lot above a parking garage.
The garage was neglected by the previous owner and left in extreme disrepair. EDG’s work included parking garage restoration, plaza repairs and redesign, parking lot repairs, parking lot extension and façade repairs.
Rego Park Parking Garage Entrance | Facade Restoration
APPROACH
Initially brought in by a tenant who was on the opposing side of the ownership, the client quickly learned that we had a solid understanding of the work.
We were hired by both parties to jointly handle the project. They were shocked by the estimate provided by their former consultant, so we looked to determine all the unknowns, reducing potential costs to actual costs, and began value-engineering repair options.
IMPACT
With minimal assessment and two probes, we significantly reduced contingencies and worked to evaluate alternatives that would add value to the building, including expanding parking as part of the repairs.
EDG ultimately completed more work for 25% of the cost the client had been provided by their former consultant. We also carefully phased the work so the worst areas were handled first. The parking lot expansion provided significant value to the client.
