Word: condoe
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...specific policy that's become a hot topic recently is the city's "condo-conversion" ordinance...
...Cambridge City Council will soon be considering a new condo-conversion ordinance that would make it more difficult for landlords to take control of tenants' homes...
...This would be a local condo control ordinance that would serve to enhance the state's current ordinance," Cavellini says. "The current one doesn't specify what condo conversion is, and it is very easy to get around the regulations...
Shachter's proposal, similarly to the condo-conversion ordinance currently in effect in Boston, includes a list of factors that are early indicators that a landlord is thinking of converting a property into condominiums. One such factor is a hike in rent of more than 10 percent...
While the condo-conversion statute represents an effort by activists to make the best of a Cambridge without rent control, many are still hopeful for its return...