Condos Go Rental

Condos Go Rental — NOT!

By Anthony Longo 29 11 2007 by Author

Not if the city has anything to say about it!!!!

windy knolls
It looks like it’s going to be a tough sale all around for a Chesapeake developer.

First, Beco Asset Management, LLC had a hard time selling the first batch of condominiums in their proposed 254-unit Windy Knolls subdivision on Campbell Road in Denbigh.

Now, amid the continuing downward spiral in the housing market, the city still refuses to let Beco convert some of the condominiums into more palatable luxury rental apartments. Continued…
Source: Daily Press