Wednesday, February 02, 2011

We Won the Condo Lottery

We bought our TIC in 2000 - after living here for 11 years, our building was finally picked in the condo lottery on February 2,2011! We had seven tickets, and were in the double A pool for long time entrants.

One of the other owners of our building went to today's drawing, which took place at City Hall. Plan C was there, staging its annual TIC owner rally. One of the newly elected supervisors, Mark Farrell, from District 2, personally congratulated winning owners.

After winning, one owner stood up and said, "Sayonara, Bolsheviks!" before walking out.

The official Condo Conversion Winners and Standby List will be published by the City on February 9, 2011.

Also...sorry for the long blogging hiatus, but things were just going along, TIC life as usual for the past year or so before today. I'm going to resume blogging regularly now, to shed light on the condo conversion process from the owner's perspective.

And then I'll conclude the blog, because in about 18 months we won't be a TIC anymore.


Blogger gene said...

Hey congrats on the win! It was our first year - I blogged about the experience too and posted a few shots

9:00 PM  
Blogger rp said...

Thanks, Gene! I know some of the folks in our building will be happy to escape the TIC interest rates and also it should increase value, and make it easier to market, if anyone decides to sell.

8:43 PM  

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