Case Studies

Window Replacement Project

86-unit Co-op in the West Village

Initial Total Project Cost: $2.5 million
PMG Savings: 11% through negotiations of unit costs for interior restoration and re-negotiation of the change orders (COs)

Local Law 11 Project

116 unit Co-op in Lenox Hill

Total Project Cost: $743,000
PMG Savings: 25% by monitoring the scope closely, reviewing conditions called for in the scope, seeking alternative repair methods, and holding the GC / engineer accountable (credits, CO re-negotiations)

Façade Project

31-unit co-op in Park Slope

Total Project Cost: $300,000
PMG Savings: 13% through negotiations of unit costs for exterior restoration and re-negotiation of the change orders.

Local Law 11 Project

111-unit Co-op in Midtown East

Total Project Cost: $961,000
PMG Savings: 5% through negotiations of unit costs for exterior restoration, CO re-negotiations, and by holding the GC / Engineer accountable for days lost, oversight, delays etc.

ACM Removal Scope

172-unit Co-op in the East Village

Initial Proposals: $250,000
PMG Savings: PMG managed to negotiate and complete the scope with nearly 50% savings.

Energy Plant Upgrade

172-unit Co-op in the East Village

Total Project Cost: $9.6 million
PMG Savings: ~20% incentive, nearly $1.2 million from the City, and a 1% credit back for reimbursable expenses. Work involved a new chiller / HVAC and switching from a fancoil system to a heat pump system. AKAM procured funds from NYSERDA to pay for it.

Amenity Renovation (Gym / Locker Room / Pool)

1300-unit Co-op in the Riverdale, NY

PMG Savings: By phasing the work differently, PMG provided residents with a more enjoyable pool season by avoiding construction near the pool area. Additionally, PMG eliminated the need for extra construction fencing, saving the building $120,000.

Paving Project

148-unit Co-op on the Upper East Side

PMG Savings: PMG negotiated a $5,000 discount on a paver installation quote for the building.