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Originally Posted by pdxlover
Heard from friends who live in Cosmo. Got the details for you.Apparently there was a structural issue which was causing creaking sounds during windy dayS. It took a while for Andersen to diagnose apparently. Now they are fixing almost every unit. Ripping down walls, a big construction mess they say. Also a couple of kitchen sinks detached and fell apparently. They had to put a support under every sink they say. Some overheating fireplaces too.General impression: because Hoyt wants
to close the sales as soon as possible, they rush things due to unrealistic deadlines.In summary people feel everything was rushed during the construction which might have caused lower quality work with high quality material. Hoyt boasts about Cosmo as their best, they are aftaid to admit they might have dropped the ball.Supposedly Vista is rated lower than Cosmo in luxury scale but prices are higher than cosmo. As long as rich californians with cash feed their ego, hoyt will continue to be pompous in this business.
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I'm not aware of any structural issues in the Cosmo and the construction schedules of the Cosmo and Vista Pearl are normal schedules, established by the contractor and similar to most other high rise condo projects. I dont see any construction quality problems associated with structure or schedule.
I also think Hoyt's current and recent condo projects are among the best built in the city. They aren't rushing to cut corners.
There were some non-structural wall issues in the Cosmo which Andersen corrected. Most buildings of this size and complexity seem to have issues which need to be repaired in the first year or two. In my opinion Andersen and a Hoyt are professional and committed to quality - as much or more than most contractors and developers. When issues exist they are corrected.
I agree that the costs are really high - that's not driven by Hoyt, it's Portland - where housing costs are increasing faster than most cities in of the country. That isn't going to change soon. More affordable housing can be found - mostly elsewhere and not likely in Portland.