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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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