Longwood Towers, three rental buildings located near the Longwood Medical Area (and the D-line on the MBTA Green line) is going condo.
Longwood Towers is at the end of another era. The looming English Tudor-style complex, built in 1924 as a luxury residential hotel and for decades an upscale address for renters, is going condo.
Longwood’s new owner, the Radco Cos., which bought the complex in November for $110 million, will begin marketing condominiums next month. Tenants in the 277 units must decide whether to purchase an apartment or move out by December.
Interesting piece of information buried in the story, which is applicable to anyone living in a building that goes condo:
By law, disabled and elderly tenants and low- and moderate-income renters are entitled to extend their lease for another year if they can’t find comparable rental housing … That lease can be extended two more years for the elderly and disabled …
Complete article: A castle for renters is going condo – By Jennifer Ehrlich, The Boston Globe