Tuesday, February 15, 2011

MSP & New Berlin

Another update on the continuing saga of MSP & New Berlin. 

Condo owners claim since original developer (Deer Creek) dissolved, MSP has to start all over again.  MSP says Deer Creek didn't dissolve, so nyah, nyah.  Well, they didn't say that latter part, but I would have. 

Not sure condo owners have a leg to stand on-MSP is just following the original approved development plan, even though the ownership may be different than envisioned.  How is this is different than a developer renting out condos they're unable to sell?

And I still believe that they'll be rent-to-own, although MSP has been coy about that when questioned.

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