Word: condominium
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...committee also recommended rejection of a bill that would allow Cambridge to strengthen its rent control by outlawing eviction of tenants from apartments for condominium conversion...
...article on the investments of those moneybags [April 2] may interest some, but unfortunately has little relevance to most of us. Those affluent few who can afford to invest in vineyards, professional football teams or Reno condominium developments can also afford to lose tens of thousands of dollars, while the small investor can be wiped out by the merest fluctuation of the market...
James Marston, 26, a lanky, soft-spoken Texas native who graduated from New York University Law School, is the "fuzzy-cheeked" nemesis assigned by the attorney general's office to South Padre Island. Says he: "The people who come here and buy land or condominium units don't really know what the apparent dangers are from erosion or hurricanes. Some developers are farsighted enough to protect both the general public and their buyers, but others seem only concerned with making a fast buck and getting...
...adversary of the state's protective urge does not find these accommodations reasonable. "It's amazing people developed this great fear for our beaches only last year, when for 20 years no one has been denied the use of a beach or had his condominium washed away," says Paul Cunningham, 36, a nattily dressed lawyer for the town's biggest developments. He is also South Padre city attorney and a part owner of the luxurious Hilton condominiums, which have sold out even before completion of construction. "There's not a lot of proof about erosion. Some...
Robert Hanmore moved his development firm to South Padre from Florida a few years ago when he became convinced that the island was another Gold Coast waiting to be built. He seems right at home among his construction workers, personally smoothing the concrete foundation of his newest condominium project. This development is out of the area of current beach erosion, but another one he built, a mile farther north, is in an area where there have been indications of erosion. Hanmore does not believe it: "Those condominiums have been up for two years, and I haven't seen...