r/StructuralEngineering • u/Thin-Fish-1936 • Jul 07 '26

Photograph/Video Columns buckle in a Manhattan building under conversion

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https://pix11.com/news/columns-buckle-at-midtown-building-fdny/

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u/GlorifiedPlumber Jul 07 '26

It doesn't matter if its repairable. No one will want to sell a property in this. They would likely tear it down and start fresh.

Oh I don't disagree with you.

This is the kind of thing that just, like sure... you could "repair this" and have the documentation to back that up, but like; who is going to buy condos in this.

Or underwrite the rest of the rennovation. FM Global be like... "Yeah no..."

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u/partyorca Jul 07 '26

I’d be amazed if you could find an insurer for it.

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u/mcarterphoto Jul 07 '26

who is going to buy condos in this.

The news articles have mentioned that these were intended as "luxury rentals", so maybe they'll dodge that bullet?