Word: condo
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Says Chris Leinberger, executive vice president of Robert Charles Lesser and Co., a marketing consulting firm involved in eight of the Los Angeles ventures: "This strip is the state of the art in condo design." A well-heeled public seems to agree. L'Elysee's recent open house drew 2,000 enthusiastic prospects...
...question asked or an eyelid batted in such cases. As Miami Herald Editor Jim Hampton observes, "What should a real estate dealer do when a man in his late 20s or 30s with no visible source of income plunks down $250,000 cash for a house or condo...
...scarce rental apartments. In early winter, it seemed the anticondo forces had gained a distinct upper hand, when the State Supreme Court upheld an ordinance effectively barring condominium conversion. Attempts to expand the scope of the law even farther, though, met stiff opposition this spring, and opponents of condo restrictions and rent controls appear to be gearing up for a major offensive in the November city elections...
Instead, he suggested an order--which the council passed--instructing soliciter Russ Higley to figure out a way to avoid prosecuting certain individual cases where condo owners had bought their units in good faith...
Wylie also admonished the condo owners--several of whom testified in shaky voices before the council--against "lending your cases to a political movement." Opponents of rent controls and condominium restrictions have grown more in recent weeks, focusing their attacks on Sullivan and gearing for the November city election...