Word: condo
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...landlords decided last year to make a test case" of the Linnaean St. residents," Cambridge Civic Association (CCA) Councilor David Wylie said last night. He added that the ordinance approved by the council last night could potentially prove "very destructive" to the city's overall condo conversion ban be cause the exemption has the effect of "treating similar cases dissimilarly...
Vellucci called the Linnaean St. case "a monkey on our back" and said that despite his request for a moratorium on condo discussions, "We're trying...
...Councilor David Sullivan, one of the strongest supporters of the city's condo conversion ban, said that the moratorium was never really in effect...
Vellucci's repeated wobbling on the Linnaean and Washington case shows just how his tightrope stance hurts both tenants and would-be condo owners cross the city. By first signalling that he would make exemptions to the condo codes, then refusing to amend them, and then moving again to loosen the regulations. Vellucci generates fear on the one hand in tenants who could lose their apartments to condo conversion and raises false hopes on the other in condo investors...
...wake of Vellucci's statement late last week that he would continue to press for a relaxation of the condo codes for the Linnaean and Washington tenants, the mayor's five-part housing initiative announced earlier in the week seems only a smokescreen for his desire to cling to the condo issue as a source of political strength...