The Construction Source America

Foundations Design | 9 as opposed to taking on a renovation which involves repairing mistakes made by others, but over the years Foundations Design has taken on all manner of challenges. The greatest challenge was opening a company at the height of the economic downturn which came with impact to the real estate market, which included weeding- out enterprises that lacked the nimbleness or know-how of Foundations Design. While impact was felt by firms who only provided design services, or only new construction services, Pasternack and Trow were able to flourish because of the range of services they provide under one roof. As Trow says, “In the beginning, it felt like we were riding the wave down, but we took on a lot of different projects that helped us weather the storm... and now we’re riding the wave back up.” “Not many flippers are successful,” says Pasternack. “This is a business, but some treat it as a hobby. Before the economy turned, you didn’t have to be very good, but it is differ- ent today. You have to approach it as a busi- ness, and truly understand the market, un- derstand the maximum amount you’re going to pay to achieve the profitability you want, and assess each transaction which is what we do after each project. We review what went well, and what didn’t, so we can constantly The Hardendorf Living room, after remodel