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Small building condo conversions raising concerns at City Hall

Posted On: Dec 3, 2019   |   Posted By: Boston Herald

The number of small apartment buildings turning into condos has skyrocketed in recent years - a change city councilors and the mayor's office want to slow down.
Boston Housing Chief Sheila Dillon said 2,939 units have been turned into condos in the past five years, a massive increase over the 1,312 in the previous five years, before the last change to the city's condo-conversion ordinance.
City councilors plan to vote Wednesday to extend the city's current condo-conversion regulations for another year, a move supported by administration officials, as both sides look to further cut down property owners booting out locals, chopping up multi-family buildings and selling the properties off as expensive condominiums.
The current regulations are meant to protect seniors, poor people and disabled residents from being kicked out of apartments that are going to be condo-ized by requiring five years' notice and relocation fees. The council is moving toward extending the provision, which has been in place for five...

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