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Word: condominium (lookup in dictionary) (lookup stats)
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After his election, Carey announced that "this is no longer a union that's going to be run by millionaires." He promised to sell the perks of power -- the Teamster jets, the limousine, the condominium in Puerto Rico. However, Carey had personally begun accumulating hundreds of thousands of dollars' worth of property, most of it in sunny vacation spots. Weeks after taking office in 1992, Carey bought some posh beachfront property on Lower Matecumbe Key, Florida, for $340,000. The purchase, which included a $125,000 down payment, is under investigation by the Independent Review Board, the three- member federally...

Author: /time Magazine | Title: Rich Man, Poor Man | 4/11/1994 | See Source »

Walsh defrauded the bank by offering and concealing illegal second mortgages in order to attract buyers for a failing condominium project he owned. The second mortgages were used by Walsh's customers to cover down payments on Dime loans...

Author: By Terry H. Lanson, | Title: Walsh Convicted on 41 Counts | 4/4/1994 | See Source »

...Harvard student says he sides with thelandlord on the issue of rentcontrol. Johan H.Hueffer '95-'96, who is an editor of The Crimsonowns a city condominium which he sublets duringthe summer...

Author: By Terry H. Lanson, | Title: Rent Control Puts Students, Owners at War | 3/19/1994 | See Source »

...prosecution has charged that Walsh's law firm, Ferraro and Walsh, offered illegal "second mortgages" to attract enough buyers to rescue a failing condominium project in nearby Taunton, Mass...

Author: By Terry H. Lanson, SPECIAL TO THE CRIMSON | Title: Walsh Stands Up to Intense Cross-Examination in Continuing Trial | 3/19/1994 | See Source »

Prosecutors charge that Walsh, 49, used the money to finance condominium developments in Massachusetts. He faces up to 208 years in prison and $14.75 million in fines if convicted on all counts...

Author: By Terry H. Lanson, SPECIAL TO THE CRIMSON | Title: City Councillor Cross-Examined | 3/18/1994 | See Source »

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