Boston Sampler – By Steve Bailey, The Boston Globe:
I went to a downtown hotel yesterday to hear the trustees of Harbor Towers explain the sky-high costs of renovations to condo owners — and promptly got tossed out of the “private” meeting. Not to worry.
A letter to residents outlines the costs, and they are much higher than I led you to believe in last week’s column about the failing systems in this concrete waterfront eyesore.
The costs for the two towers, according to the letter: $75 million to $95 million, depending on the extent of the overhaul. The assessment on condo owners, based on the higher estimate, ranges from $79,772 to $239,804.
Mind you, that is $79,000 – $239,000 … per owner. Per owner.
Contact me to find or set up an appointment to start your Boston condo buying process.
Back to homepage Boston condos for sale
SEARCH FOR CONDOS FOR SALE AND RENTALS
For more information please contact one of our on-call agents at 617-595-3712.
Updated: January 2018
