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Action & Info Alerts

In the Condo Lottery with a 5-6 unit?
By David Fix

November 6, 2009

If you are in the Condo lottery for a 5-6 unit building, there has been an ownership change of a “qualifying owner” and you have lost your status for multiple year lottery tickets, then we would like to hear from you. There is a potential lawsuit against the City for its interpretation of the rules for Owner Occupancy to qualify for the Condo lottery. We are working with a potential plaintiff and Plan C on this issue.

SPOSFI will not be funding the lawsuit, but we are helping to bring together those individuals who are affected by this rule.

Please let us know if this you are the owner of such a building.


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