Oh, this is rather interesting. The Ritz-Carlton is doing away with the Phillips Club and selling those units as condos. I guess I misunderstood how the Phillips Club worked. Apparently, those units were always owned by Millennium Partners; I thought they were sold to individual investors and rented out, similar to hotel-condos in other cities. […]
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source http://www.bostonreb.com/hot-condo-market-leads-developer-of-ritz-to-put-apartments-on-block/#utm_source=rss&utm_medium=rss&utm_campaign=hot-condo-market-leads-developer-of-ritz-to-put-apartments-on-block
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