Tuesday, September 2, 2008

Trying To Figure It Out...


September 2, 2008
Trying to Figure It Out
Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC
I should never write these podcast/blog when it is late at night…after a day where energy was spent carefully and consistently on important things like septic tanks. We live in a growing, bustling city. Charlotte will be one of the first out of the muck and mire because we are basically a conservative southern town. We like brick, traditional homes. We like
our medium size southern town that is looking towards being World Class. Why last year, the newspaper was consistently announcing condo towers…most of them in Uptown Charlotte.Today…The Park has tried to go through foreclosure but now is in the throes of an involuntary bankruptcy…but wait the court appointed attorney is looking through all of the documents to see if there is anything else going on…anything that is less than honest.The guy whose dream was this building…says he knows how to solve the problems, just let him finish.Okay…so there is a stalled 60-70% condo tower uptown, decaying. And just down the street is another dream turned nightmare…210 East Trade, a part of the Epicenter. Legal battles are being waged, condo definitions and process are in the air…and that may have been the gamble. The building stands unfinished.Then there is a three liner on the 2nd page about another large Uptown condo project…not started, no word. The word “condo” takes on less meaning. Nebulous.It’s hard to write about condominiums when the concept is tough to materialize because the people seem to be less than detail oriented or something like that.So I write about what will make this market…the lite rail, the fabulous Greenways and trails, the parks and the bond drive that bring us more green, the sections that are morphing from fringe areas to new…new designs, new pedscapes, new names. And everywhere, there is building and remaking…and cranes moving to the tunes we hear in this small southern city.
Yes, we can. Yes, we are. Yes.
Lynnsy Logue The Real Estate Lady and Condo CanDo in Charlotte, NC

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