2026-01-12 12:23:??

Travelling with Brian Smarslok and joel-jansen on 2026-01-15 to visit woodbury-heights in New Jersey. Flying from TPA to PHL, departure @ 7:00AM. We'll be meeting with the developer, Greystar.

Woodbury Heights

project-name: GSC Ltd. Woodbury Heights (aka Academy Pointe)
sector: Residential
market-type: Apartment
bldg-type: Garden
construction-method: Wood Frame
construction-type: V
unit-wiring-method: Romex
code-data: NEC2020
mech-system: Split Dx
buildings: 9
floors: 3
units: 234
gross-area: 266,272
area-by-type:
    - exterior-amenity: 12,306
    - interior-amenity: 5,031
    - garage: 3,788
    - saleable: 223,172
division: MA 1
geographic-region: Northeast
metro-area: New York-Newark-Jersey City, NY-NJ-PA
municipality-or-ahj: City of Woodbury
power-company: PSE&G
stakeholders:
    - developer: Greystar (HQ - Charleston, SC)
      architect: LS3P Associates Ltd
      electrical-engineer: Hurst Engineering
contract-value: 2,305,000.00
start-date: 2025-05-01
end-date: 2026-08-26
duration: 11 months

GP Variance

[!info] "GP%" is margin (see markup-vs-margin).

The job appears to be doing poorly, at current GP variance of -$299,356.

About $93,000.00 profit on a $2,391,378 job (~3% margin, down from 16.4% as bid).

Intend to ask Joel what was missed if he knows, and more generally if he has a strategy for figuring out, between BPM, The Hub, and however many other places we can look.

I doubt very seriously that mismanagement can be blamed for any significant portion of variance that extreme.

1.7 KiB Raw Permalink Blame History

2026-01-12 12:23:??

Woodbury Heights

GP Variance

1.7 KiB

Raw Permalink Blame History