Jump to content

Museum Tower - 31 story Childress Klein Apartments

CLTProductions

By CLTProductions
in Charlotte

 Share

Recommended Posts

Niner National Burg

Niner National

Posted
Posted
3 hours ago, ricky_davis_fan_21 said:

Childress Klein said this will NOT go to Condos. There was some reason though, some sort of 7 year rule for conversions. The apartment had to be 7 years old before it could be converted, because of tax evaluations, something like that. By then... things aren't up to date anymore and would have to be gut reno'd. It was a complicated reason, I don't remember, probably need to stop partying so hard all the time. Maybe it was a financing issue??? I'm cloudy on the reasoning, I'll figure out who I spoke to about this and follow up with them.

(least coherent thing ever)

 

I could be wrong, but I think statute of limitations for suing a developer for building defects and such is 7 years. If they converted to condos before then, they could still be held liable for repairs and upgrades rather than that falling on the condo owners / HOA.

I'm not an expert on this stuff though, so I may simply be remembering incorrectly.

Link to comment
Share on other sites

  • Replies 503
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

captainjack
captainjack

Today's update of the Museum Tower (and Ascent):

KJHburg
KJHburg

From Tryon Street the Mint Museum tower today

CLTProductions
CLTProductions

holy F this building looks good here (cred: @jonathan_draper)    

Posted Images

Guest

Guest

Posted
Posted
5 minutes ago, Niner National said:

I could be wrong, but I think statute of limitations for suing a developer for building defects and such is 7 years. If they converted to condos before then, they could still be held liable for repairs and upgrades rather than that falling on the condo owners / HOA.

I'm not an expert on this stuff though, so I may simply be remembering incorrectly.

THATS WHAT IT IS!!!! 

Thank you.

 

Link to comment
Share on other sites
dcharlotte Whistle-Stop

dcharlotte

Posted
Posted
7 hours ago, ricky_davis_fan_21 said:

Childress Klein said this will NOT go to Condos. There was some reason though, some sort of 7 year rule for conversions. The apartment had to be 7 years old before it could be converted, because of tax evaluations, something like that. By then... things aren't up to date anymore and would have to be gut reno'd. It was a complicated reason, I don't remember, probably need to stop partying so hard all the time. Maybe it was a financing issue??? I'm cloudy on the reasoning, I'll figure out who I spoke to about this and follow up with them.

(least coherent thing ever)

 

This was a mess.

And a desire for it to be condo.

Link to comment
Share on other sites
DEnd Whistle-Stop

DEnd

Posted
Posted
On ‎2‎/‎2‎/‎2016 at 3:09 PM, Niner National said:

I could be wrong, but I think statute of limitations for suing a developer for building defects and such is 7 years. If they converted to condos before then, they could still be held liable for repairs and upgrades rather than that falling on the condo owners / HOA.

I'm not an expert on this stuff though, so I may simply be remembering incorrectly.

it's six years in NC.  It doesn't entirely apply to a lot of these buildings however.  The reason is maintenance.  In that 6 year time frame an owner of a rental property should become aware of most unsafe or defective conditions, and they are expected to fix those. http://www.ncleg.net/EnactedLegislation/Statutes/HTML/BySection/Chapter_1/GS_1-50.html (sections 5 (d) and (e) specifically)

Link to comment
Share on other sites
asthasr Whistle-Stop

asthasr

Posted
Posted
On 2/18/2016 at 8:10 PM, DavieNative said:

Sometimes I think Duke looks out of place because of how large it is.

I have the same sense. I think it's because it is so "bulky," lacking the typical architectural treatments we have at the top of most of our buildings. They usually have spires, arches, spikes, or something, except for the older buildings that are smaller or unassuming. BoA Plaza, for example, is a huge building but its color and comparatively small height make it seem less "bulky."

Link to comment
Share on other sites
CharlotteWkndBuzz Burg

CharlotteWkndBuzz

Posted
Posted
3 hours ago, asthasr said:

lacking the typical architectural treatments we have at the top of most of our buildings. They usually have spires, arches, spikes, or something

This is exactly why I love this building, because it is unique.  I don't necessarily think it is "bulky", but the sheer size is what impresses me.  I also think it will add to the special experience those residents will feel, seeing/feeling the presence Duke tower will have over their building and rooftop amenity deck (the big city feel).  

Link to comment
Share on other sites
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.