Word: condo
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Dates: during 1980-1989
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...these condos would be removed from rent control permanently, and could be rented at high market rates. Landlords could also continue a trend to "condo rehab," extensively renovating buildings in the hope they will go condo, clearing apartments of poorer tenants when rents go up--as they inevitably will...
Since the real estate boom of the early 1980s, however, the condo developers and national chain stores have moved up from Harvard Square, slowly edging out the old way of life along Mass...
Real estate experts say that the new condominium developments such as Bay Square will definitely have an impact on the neighborhood's composition, but they add that it is not certain whether the condo market is strong enough to make the developments a financial success...
...while Alstein theorizes about the reasons for slow condo sales, the buildings continue springing up on both sides of Mass...
...newcomer to the area--Shake, Rattle and Roll--seeks to capitalize on the Baby Boomers' nostalgia for 1950s memorabilia. Whether it succeeds in the market or not, perhaps the store's presence, located next to The Friendly Eating Place and down the street from the gleaming new condo complexes, is itself a metaphor for the changes that Mass. Ave. is undergoing...