nyc-condos-turned-to-homeless-shelters

Unsold NYC Luxury Condos Turned Into Homeless Shelters

The Cajun Boy · 06/04/09 08:53PM

The developer of a luxury building in Brooklyn was having difficulty selling off his condos in an economic downturn, so he's partnered with the city to turn his vacancies into homeless shelters, leaving residents who actually bought their units livid.