The Saint Paul Condo Blog

Finally! Some closure for the assessment haunting the Airye Condos for over a year.  From talking with a resident, it goes to vote at their annual meeting April 2nd.  But from the likes of it, this is more symbolic.  The assessment has been figured at $2,900,000 - This assessment is for the replacement of the curtain glass wall system the building has and also to add a firewall break between the apartments and the condominiums (Airye sits on top of an apartment building).

Once the assessment has been levied, people start paying it, life and values should return to normal.

I talked to one couple who have lived there for nearly 6 years and it was tough to hear them talk about their nearly $30,000 assessment.  How it's stripped nearly all of the appreciation they had built up since they had moved in.  At least the end is in sight, and Airye can once again become a highly sough after building.