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Sheffield 57 - Buying after fortress/rose mgmt

Started by deb2010
almost 16 years ago
Posts: 5
Member since: Feb 2009
It seems that at least the financial/construction issues should be fixed with fortress/rose mgmt. Any insider insights if worthwhile to buy now?
Response by apt23
almost 16 years ago
Posts: 2041
Member since: Jul 2009

Really? Fortress has a track record of making residential condos owners flush? Yes, hiring a first rate management company is a good move, but isn't it a move to squelch unrest so they can sell to a developer? Have they given firm indication of when the amentites --like the gym-- will be finished and to what specific standards? Do they have a track record of meeting deadlines? I think Fortress will do what is necessary to sell this building for a profit. They will not give a fig about individual owners. This is a lifestyle as well as a financial risk.

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