“It’s a concern, but I have a sense that most buildings in this neighborhood have put their concerns about rentals on the back burner as long as assessments keep getting paid.”
- Gene Fisher, executive director of Diversey Harbor Lakeview Association, on the leniency many condo associations are showing toward rentals within their buildings. According to the Tribune, associations are raising caps on rentals, making hardship allowances for units that are not selling or are at risk of foreclosure, or doing away with rental restrictions altogether.
Any condo owners in our audience want to chime in about the discussions their condo associations are having about rental rules right now?
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