Tuesday, July 11, 2006
Condo Conversion Planned For Ski Side Timeshares
Ski Side Village, a timeshare project on Camelback Mountain, will be partially converted to condominiums and used as collateral to clear debt and pay for renovations.
The timeshare project is headed by Alan and Adam Luckner of Bridge Associates of Pocono Township. They will transfer some timeshares to existing three-bedroom units, in order to free up 26 two-bedroom units so they could be sold as condominiums.
The two-bedroom units each have two stories, and measure approximately 1,300 square feet.
Funding for the project — $1.65 million — is coming from Kennedy Funding of Hackensack, N.J.
The timeshare project is headed by Alan and Adam Luckner of Bridge Associates of Pocono Township. They will transfer some timeshares to existing three-bedroom units, in order to free up 26 two-bedroom units so they could be sold as condominiums.
The two-bedroom units each have two stories, and measure approximately 1,300 square feet.
Funding for the project — $1.65 million — is coming from Kennedy Funding of Hackensack, N.J.
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This is being done a the cost of the 40 timeshare owners who lost thier week because the taxes were not paid the manager Frank Carr. It has taken this long March 17, 2007 for them to send an action to quiet title on the time share. There ought to be a law but there really doesn't seem to be any in Monroe County Pennsylvania
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