Sheldon Gold owns an apartment in New York City and some buildings in Costa Rica.
He also owns a piece of Charlotte real estate, in the notorious residential high-rise building known as The Vue.
Back when The Vue was a condominium project, a sale was a pretty rare thing. While there was little demand to own a Vue condo, apparently people have no qualms about renting there.
The Vue, a struggling Uptown condo project at which sales have been sluggish, is headed for a June 12 foreclosure auction.
Over in the Charlotte-Mecklenburg Planning Department, there have been talks about what to do with all the vacant and underused lots scattered across the city.
A federal court judge ruled this week in favor of a couple that sought to get back their deposit for a condo they initially wanted to buy at The Vue in Charlotte. A judge for the Western District of U.S. District Court agreed that Lawrence and Ke Ding Berkovich should be given back their $145,485 [...]
In 2005, buyers began signing sales agreements for The Vue, a condominium project in uptown Charlotte. Today, The Vue’s developers are suing at least four buyers over claims that they failed to finalize the sales. Such litigation is uncommon and could be a sign of the difficult housing market in Charlotte, real estate industry officials [...]