The Conversion of Rental Housing to Condominiums and Cooperatives: A National Study of Scope, Causes and Impacts - Brossura

Us Department Of Housing And Urban Devel; Shalala, Donna E.

 
9780894990908: The Conversion of Rental Housing to Condominiums and Cooperatives: A National Study of Scope, Causes and Impacts
Brossura
ISBN 10: 089499090X ISBN 13: 9780894990908
Casa editrice: Books for Business, 2001

Sinossi

This landmark national study of the extent and impact of condominium and cooperative conversions promises to be of major policy and program signince. The recent growth of condominium and cooperative conversions is a response to basic changes in the Nation's 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 property's condition, equipment, or amenities; however, a few conversions have involved the substantial rehabilitation of older buildings.

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Editore
Books for Business
Data di pubblicazione
2001
Lingua
Inglese
ISBN 10 
089499090X
ISBN 13 
9780894990908
Rilegatura
Copertina flessibile
Numero di pagine
360
Contatto del produttore
non disponibile
Persona responsabile
non disponibile