[Source: Sarah Fenske, New Times, April 5, 2007] — When it comes to real estate, Monty and Marlene Wilson aren’t exactly novices. Monty’s a builder. Marlene has a broker’s license. But earlier this year, the Wilsons learned something shocking about the $479,000 condominium they purchased two years ago in downtown Phoenix: It came without parking.
Not just without covered parking. But without any parking — and that’s for a pricey condo in the Orpheum Lofts, which sits in the busiest part of downtown, at the corner of First Avenue and Adams Street. It’s practically impossible to find a meter free for lunch in the neighborhood, much less a spot to park for 24 hours. In sales brochures, the condominium’s developer, TASB LLC, promised buyers not just parking, but valet parking. Residents like the Wilsons say that parking was also promised in conversations with the developer and sales representatives. For two years, they had it. But that’s all about to change — and it’s almost certainly going to get expensive. [Note: To read the full article, click here.]
Downtown Voices Coalition 