Word: condominium
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...Your recourse ultimately is clearly at the ballot box," councilor David Wylie said to the tenants. "I think the election will bring a much more malleable council in respect to rent control and condominium conversion," he added...
...city planning board this summer formally approved a $60-million design for a condominium-retail-office-hotel complex on Parcel 1B which would generate only half as much additional traffic as had been predicted earlier...
While neighborhood leaders have accepted the Carpenter and Co.'s latest proposal for Parcel 1B--and are also cooperating with Harvard University on plans for a $25 million office and condominium development across from Parcel 1B on Mt. Auburn St.--they remain worried about the increasing potential for unhealthful air quality...
Before refusing the tenants' request, the council debated for more than three hours the issue of condominium conversion which has livided members sharply during the past several years and which has been the most hotly discussed topic in this year's campaign...
Restrictions on condominium conversion were adopted two years ago; they are crucial, for without them rent control is all but meaningless. The pressure on the city's housing market is great enough that within a decade, most forecasters conclude, the bulk of city apartments would have become condominiums. Rents might still be controlled, but very few people would be paying them. And so the dispute over condo conversion seems the likeliest battleground for tenants and developers to fight it out. For the ideological reasons outlined above, large parts of the traditional CCA constituency may become supporters of the developers...