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Old Posted Apr 24, 2009, 1:22 PM
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miaht82 miaht82 is offline
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Join Date: May 2008
Location: The Triangle
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Lending rules push condo project in a new direction

Look like the St. Benedict Condos on the corner of Alamo will now go as rental units instead of for sale units.
I think this is good for the area. It will give a good mix of residents and 66 units is 66 units whether they are being rented or sold.


From BizJournal.com:

Quote:
For more than two years, Stephen W. Yndo has worked to create a hip new hub for urbanites — all within a 66-unit condo community called St. B’s. But plans have changed — at least for the short term. St. B’s is now being restructured as a rental community, Yndo says.
story continues....

also, on a side note;
the Neisner now has an extra floor. The framing is up over the top of the original roofline.
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