"Lofts in the 'Lou"
Authors: Chris Grus, Lisa Grus, Howard McAuliffe
About the bloggers: The trio of bloggers aims to provide "an interactive community site unleashed on the City of St. Louis to make public the beauty, excitement, concerns, complaints and gossip surrounding the urban renaissance in St. Louis."
Recent Highlight (February 24): The Syndicate Motel
This weekend I left my home as some guy was hammering a sign at the corner, "RENT YOUR HOME FOR $5000 DURING THE ALL-STAR GAME." (My illustrious block captain has since removed the sign.) The thought did cross my mind. Who couldn't use an extra Five Grand these days.
Then I got an email this morning from a client who had purchased a loft last year who had read the Post-Dispatch story on how downtown residents are looking to cash in. "Can I rent my place out for the weekend?"
Having read through many condo by-laws, this subject is usually addressed early on. Having my own personal CONDOMINIUM DOCUMENT library, I thumbed through a few different associations. My question is where do they find people to write these things? It's almost like the same person writes it. "No Residential Unit may be leased or subleased for transient or hotel purposes or for an initial term of less than one (1) year for residential units."
Each building had some form of that sentence.
The thought actually is scary what downtown buildings could be like if this activity were allowed. Hotels have 24 hour security, maintenance, and all kinds of administration to make sure that people can do what they came for. A loft building would be a whole different operation. It would be psycho! — Chris Grus
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