Proposed Conversion Policy Irks Hoteliers ; It's a Little Late for Scarborough to Be Imposing Rules, They Say.
Portland Press Herald › August 06, 2007
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Summary
The owners of three hotels in the Pine Point section of town think the time has come to convert their properties into condominium developments, but some in the town think the community should have more say about the proposals.
The Town Council will consider an ordinance that would clarify what properties need municipal approval for condominium conversion and set up a process for considering those applications.See the full content of this document
Extract
Proposed Conversion Policy Irks Hoteliers ; It's a Little Late for Scarborough to Be Imposing Rules, They Say.
It's a step that many coastal communities in Maine and other states have taken, as hotel owners increasingly have sought to make more money or get out of the hotel business by selling as owner- occupied housing the property they had been renting out.
"Now we're s...See the full content of this document
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