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Maintenance Savings.
Multi-unit apartment owners estimate that it costs anywhere from $500 to over $8,000 extra to rehabilitate an apartment which has had a smoker versus a non-smoker. Extra costs include: scrubbing, priming and re-painting walls covered with tar and nicotine; replacing carpet; replacing counter tops that have cigarette burns; scrubbing fans in bathrooms and kitchens that have tar and nicotine; etc.
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Risk of Fire.
Of the property completely destroyed in 2002, an estimated
$6.055 billion occurred in residential structures, an estimated
$9.26 million of which occurred in apartments. (NFPA Fire
Analysis and Research, Fire Loss in the U.S. During 2002.)
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Risk of Fire.
Nationally, smoking was the cause of 9% of apartment fires.
(NFIRS, 2002)
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Improved Resale Opportunities.
Recent research suggests that smoke-free apartment buildings
may have increased re-sale value, should you ever decide to
sell your building. Agents who have assisted people selling
or shopping for everything from starter-home Capes to Victorian
mansions, agree: as the number of public places in which a
person can smoke has shrunk, so has the number of home buyers
who are even willing to consider a house with smoking in its
past. (New York Times, "Real Estate & Secondhand
Smoke: On Tobacco Road, It's a Tougher Sell," February
8, 2004.) |
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Along with significant risks of property damage in a building
without a smoke-free policy, you are also vulnerable to lawsuits
by nonsmoking tenants suffering from the effects
of secondhand smoke.
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