In a presentation concerning Harbor Towers, a 624-unit condominium complex built in 1970 on Boston’s waterfront, Diane and a blue-ribbon panel discussed the $76,000,000 critical infrastructure repairs needed on these buildings that are home to more that 1,200 people. Goals of the presentation included:
- Understanding the complex issues unique to residential condominium associations in terms of governance, financing, and execution
- How to put yourself in the position of trustee, unit owner, and resident – in search of a common understanding and acceptance of what is necessary to preserve value
- Learning the range of consultants who may be necessary during the process
- Gaining an understanding that condominiums serve a vital part of an urban fabric and, correspondingly, condominium associations need to consider their role in preserving value in the broader community
For more information about the presentation, or for questions about condominium and construction law, please contact Diane R. Rubin at 617 456 8042 or [email protected].