Posted Apr 14, 2014, 3:07 PM
|
 |
Hindrance to Development
|
|
Join Date: May 2007
Posts: 2,402
|
|
A lot of the condo-to-apartment shift is due to liability--the extra insurance you have to buy when you get sued in the first 10 years is a disincentive for building attached condos, but if they are built to condo standards they can convert from apartments to condos once the building is 10 years old. The Warren and a lot of other projects are doing that.
|