Tuesday, August 04, 2009

Fort Myers: Related Group's 32 Story High Rise with One Tenant. By Geniusofdespair

What is it like to be the only one living in a condo meant for 200 families:

Vangelakos (the owner) said they closed on the apartment in the fall, unaware the other tenants had failed to follow through. When they visited around Christmas, they didn't think much of the emptiness. They were just happy to be there."We wanted to believe," Cathy Vangelakos said. "We were looking for what we were offered."

On subsequent visits, however, the building grew more deserted. The lights on the pool and palm trees were off. Their garbage shoot was sealed, a trash bin placed in front of their unit instead.


The automatic doors are locked, decorative fountains are empty and there is a sign-in sheet at the front door. Good thing: A lot of parking!

4 comments:

ChadC said...

That is an insane crazy story. Can't believe it.

Anonymous said...

Is this one poor guy stuck paying for the entire maintenance of the building?
If not what percentage of the units have to be sold befor the unit owners have to divide the maintenance fee for the entire building?

Geniusofdespair said...

Ask Jorge Perez.

Anonymous said...

Anon, he would only be responsible for his percentage of ownership as stated in the condo docs and the budget. The developer, or receiver, would be paying everything else.

However, I cannot believe he closed this unit or was forced to. If he was forced to, I'd be talking to an attorney!