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I’m in the due diligence period on a small (9500 sq ft) retail building built in 1923. Yep, the phase 1 shows a small, I mean SMALL, amount of asbestos wrapping on the pipes (like 3 elbows) and a portion of the VCT flooring that was glued with, oh the horror, asbestos based glue. In fact some of the 9x9” tiles were also asbestos laiden. The cost for “removal” 28,000.00 F’n ridiculous.
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Careful what you wish for...
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