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HPN ELEVATOR RENOVATION AND UPGRADE PROJECT COMPLETE!

CURRENT STATUS: The HPN BOD is pleased to advise that all three elevators have passed their inspection tests and are back in service.

All of the on-site work is now complete. All three elevator cabs have been upgraded, and the electrical and mechanical infrastructure that makes the elevators work has been replaced, upgraded and/or renovated. The Otis implementation team has completed all of its contractual responsibilities and they have moved on to their next project.

Contractually the Project is now “Substantially Complete”; all that remains is for our Project Manager, MBA’s Mark Belcher, to go through the Completion Punch List and advise the Board that final acceptance can be made. We expect this process to be completed by Friday, April 22nd. With final acceptance the BOD will authorize the Bank of Ocean City to release the remaining 10% retainage that has been held back until the Project was 100% complete.

This Project has been the most expensive Capital Project undertaken in the 44 years since the building was constructed in 1972. The HPN BOD is proud of the fact that we, as your elected management team, had the foresight three years ago to not only make the difficult decision to move forward with this nearly $700,000 Capital Project, but the collective ability and skill-sets to put a team in place that ensured the Project came in on schedule and under budget! The final result is three state-of-the-art elevators with upgraded interiors and features.

The Board thanks you and your guests for your patience and understanding over the past 7 months, and we trust that you are as delighted with the appearance and performance of these new Elevators as we are.