Word: condominium
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...other was the preliminary but convincing approval at the final council meeting of an amendment mitigating the city's strict condominium conversion code by allowing tenants in some rent-controlled apartments to buy their building as a cooperative, but prevents them from making a profit by it. The idea was to allow low-income citizens to own a home and to insure that the units are always low priced...
...most issues and consequently they should allign themselves with the CCA. But their principal aspiration is to buy a home. So, many are driven away from the liberal coalition, which boasts a housing policy that limits the number of homes for sale in order to present speculation particularly by condominium developers with low and moderate income housing. Much of the discussion of the power of the newly arrived paraprofessionals centers specifically on those who own condominiums. In 1970, no condos were counted in the census, the 1980 results indicate 2191 such units 10 years later. Some are occupied by tenants...
...downtown area does not appear to matter so much to the neighborhood residents, who have been plagued by condominium conversions. In fact, the mayor's policies have so angered some neighborhood residents that the press had dubbed White, "The Mayor of the Rich...
...tennis who last year won both Wimbledon and the U.S. Open for the first time since 1974; after four years of marriage, one child; in Miami. Patti's suit asks for custody of Son Brett David, 3, use of the couple's pricey North Miami Beach condominium, and abrogation of a prenuptial agreement limiting any divorce settlement...
...presumption is that Craigie Arms previously served low and moderate income tenants--in fact, rent control confers its benefits less discriminately. The relocated residents included doctors, businessmen, architects, journalists, consultants, graduate students and other young professionals, one resident even acknowledged owning an investment condominium. With few exceptions, none of these recent residents would qualify under any of the federal or state government programs designed to serve lower income persons. Our plan ensures that at least 30 percent of the apartments will actually be available for truly needed elderly, handicapped, or small family households...