The Conversion of Rental Housing to Condominiums and Cooperatives: A National Study of Scope, Causes and Impacts
Language: English
Published by Books for Business, 2001
- Softcover
- New

Seller: Ria Christie Collections, Uxbridge, United KingdomRia Christie Collections
AbeBooks seller since March 25, 2015
Condition: New
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Seller Inventory # ria9780894990908_new
- Title
- The Conversion of Rental Housing to Condominiums and Cooperatives: A National Study of Scope, Causes and Impacts
- Author
- Us Department Of Housing And Urban Devel
- Publisher
- Books for Business
- Publication year
- 2001
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 089499090X
- ISBN 13
- 9780894990908
The recent growth of condominium and cooperative conversions is a response to basic changes in the Nations social and housing market conditions which, in its course, helps some and hurts others. For this reason, conversion has sparked considerable controversy a controversy exacerbated by the shortage of information about what is taking place. This report, prepared in response to a Congressional directive, presents the results of a multi-faceted study designed to provide this information. It documents the present and probable future extent and location of conversions, the factors contributing to their increasing numbers, and their effects on people, neighborhoods, and communities. As will be apparent, the scope, causes, and consequences of the conversion phenomenon are, in many ways, quite different than is generally understood.
Conversion changes the legal form of a multi-family rental property from single ownership by a landlord to multiple ownership. In most condominium conversions, the landlord first sells the property to a developer specializing in conversion who then sells the individual units. Most conversions are accompanied by some minor or cosmetic improvements to the propertys condition, equipment, or amenities; however, a few conversions have involved the substantial rehabilitation of older buildings.
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Ria Christie Collections
Uxbridge, United Kingdom
AbeBooks seller since March 25, 2015
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