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Published on: 2025-04-19 20:25:51 Published on: 2025-04-19 20:25:51

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What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. An engineering firm hired forChamplain Towers South’s milestone recertification found “deep” concrete deterioration near the pool but couldn’t perform repairs, in part, because of concerns about stability, according to an October letter.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Accurate stock market predictions with real-time stock indices, futures data, and global market trend analysis. Achieve stable growth and avoid losses by staying ahead with our expert recommendations. Maryland-based Morabito Consultants also was hamstrung because it needed access to the inside of the pool, which “was to remain in service for the duration of this work,” the firm said in its letter.

Because the pool couldn’t be closed and Morabito had stability concerns, tower management was advised that work in the pool area “would be limited to removal of only loose concrete,” the letter said.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. Morabito also directed Concrete Protection & Restoration Inc. to perform “exploratory demolition” in five areas on the building’s first floor, and CPR found “some curious results as it pertained to the structural slab’s depth,” the letter said, without elaborating.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. The nine-page letter summarizing the work, which was addressed to condominium association board president Jean Wodnicki and property manager Scott Stewart, is yet another indication ofproblems with the building’s concrete. The concrete in the pool and underground garage area is increasingly becoming a focus as engineers and government officials work to learn what caused the June 24 partial collapse in Surfside, Florida, that killed at least 20 people and left another 128 unaccounted for.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. Still, there’s no indication thus far that concrete deterioration played a role in the collapse, but several engineers have told 【 - Free Investment Risk Control 】 that it’s one of multiple factors to consider in investigating the disaster.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. Morabito inspected Champlain Towers South in 2018 as part of the building’s 40-year recertification – a stringent process for upgrades and improvements enacted after Hurricane Andrew in 1992. The firm found that failed waterproofing beneath the pool deck caused “major structural damage to the concrete structural slab” and warned of rapid deterioration if it wasn’t promptly replaced, according to its report.

In April, Wodnicki warned residents that “the concrete deterioration is accelerating,” with some areas having gotten worse since the 2018 inspection. Wodnicki’s letteroutlined millions in repairsthat the condo association later approved.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. The 2018 report did not indicate the structure was at risk of collapsing, nor did Wodnicki’s letter to residents.

In the October letter, Morabito said repair work could not be done because it would “affect the stability of the remaining adjacent concrete constructions.”The firm did not specify which constructions might be destabilized, and it’s unclear if the engineers meant nearby buildings or other structures within Champlain Towers South. But the firm noted concrete deterioration deep within the pool’s wall and corbel, a type of support structure, requiring “aggressive excavation of concrete.”

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. Morabito and CPR removed loose concrete from the perimeter of the pool pump room, which was showing signs of cracking and which presented “a fall hazard,” the October letter said.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. As for the unspecified “curious results” of the excavation work, Morabito requested “that additional core work be performed by CPR to confirm/clear-up said results,” Morabito said in the letter.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Among other work done, according to the letter: CPR replaced the bottom of a deteriorating stair column base with hollow steel structural sections; conducted exploratory demolition on the underside of an eave that required “removal and reconstruction”; and removed all loose “cracked, spalled, deteriorated, and delaminated concrete” and damaged stucco from the underside of balcony eaves on 114 of the building’s 136 units, the letter said.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. According to the letter, CPR also performed exploratory demolition on five 3-square-foot sections of the building and planned to demolish paver systems at the pool deck, concrete in the parking area and drive aisle, and the planters down to the existing waterproofing layer – all of which were cited in the 2018 report and the April letter to condo owners.

Photos accompanying the report included the rusty stairwell column that was replaced, the pool corbel’s “loose, cracked, spalled deteriorated concrete” and exposed rebar, water damage to balcony eaves, and other damage to eaves and stucco on the building.

What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Morabito Consultants did not respond to 【 - Free Investment Risk Control 】’s request for comment on the letter, but it has defended its work at the tower in previous statements.

CPR in a statement Friday said the company did not repair or restore concrete in 2020 on Champlain Towers South.

It said: “Our company was contacted by the Champlain Towers South Condominium Association in 2020 to assist Morabito Consultants in their investigations relative to the building’s 40-year recertification project. Concrete Protection & Restoration, LLC did not undertake any actual concrete repair or restoration work on the Champlain Towers South building in 2020.

“Our services on this project were directed by Morabito Consultants so they could evaluate the building for its 40-year recertification. We removed loose, cracked, spalled, deteriorated and delaminated concrete from the balcony soffits of 114 units as well as pool corbels to prevent it from falling, and removed all deteriorated, debonded and falling stucco from balconies. We also did exploratory services that involved removing pavers on the patio deck to allow the engineers to see conditions underneath and removing the false ceiling in the front parking area to enable the engineers to see the underside of the slab. Additional exploratory services included taking core samples from locations identified by Morabito Consultants so their engineers could analyze the existing condition of the concrete.”

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What is the short term outlook for GHCL Limited (500171) ✌️【Expert Advice】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The full scope of the concrete work needed at Champlain Towers South remains unclear, as does the specific work contracted to Morabito Consultants and CPR. Whether the work had been scheduled or was under way is also unknown.

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