Seth Dankman, a contractor, faced soaring material costs due to tariffs while building a rooftop greenhouse for a client in Williamsburg. Initially estimated at $55,000, costs ballooned to nearly $50,000 for materials alone. This shift has prompted clients, especially the wealthy, to demand rapid completion of projects, leaving contractors navigating both financial expectations and heightened urgency amidst uncertain market conditions. With fluctuating vendor quotes and expectations for immediacy, contractors and designers must skillfully manage client demands while adjusting to an unpredictable economic landscape.
Some of our clients are understanding the situation; some of them are just expecting us to eat the cost. It's very touchy.
In past times, they had phased some of the purchasing based on when people get paid or certain milestones of construction, but now they really are eager for us to purchase the entirety of the home at once.
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