Just a few years ago, homebuyers stampeded into brand-new condos all over Chicago. Then, reality hit. Water started leaking in. Mold crept up the walls. Elevators stopped working. Now the city of Chicago is trying to clean up the mess by chasing after developers responsible for shoddy work Originally from Community Associations Network National
Ten Louisville developers hoping to overcome a tough credit market and get their stalled condominium projects back on track have come up with a novel approach for getting around tight national lending rules: Originally from Community Associations Network National
The developers of the Rushmore condominium are refusing to give up the fight for $16 million in security deposits, blocking the return of the money to 41 condo buyers at the West Side building, despite a Second U.S. Circuit Court of Appeals ruling last week. Originally from Community Associations Network National
A state Supreme Court judge ruled against tenants at the 30 Lincoln Plaza condominium who filed suit to overturn Attorney General Andrew Cuomo’s approval of the conversion despite outside buyers getting steep discounts. Originally from Community Associations Network National
A contractor who fell from a Mill Pond Way roof is suing two local entities for damages he claims include brain and body injuries, as well as lost earnings. Originally from Community Associations Network National
Condominium sales continue to be sluggish in Connecticut, but it may be more than just skittish homebuyers impacting the market. Originally from Community Associations Network National
A new lawsuit filed by 24 Snowmass Base Village condominium owners claims developers sold them smaller-than advertised units and left them with an insolvent metro district. Originally from Community Associations Network National
The condo craze exploded in the Las Vegas valley just a few years back, but now with the foreclosure crises, people aren’t buying into condos when housing prices are so low. It leaves condos floundering with too much inventory. Originally from Community Associations Network National
With homebuyers becoming increasingly scarce, desperate sellers aim to tap the interest of real estate investors with bundled apartment units and reduced prices. Originally from Community Associations Network National
Peltzers now informing all of her friends about the affordable-condo processwhich is key because the average D.C. real-estate agent doesnt know or isnt talking about the deals. Nor is the average developer, it seems, or the average city housing official. Originally from Community Associations Network National
