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Condo Nightmare in Chicago - Foreclosure Leaves Major Defects Unrepaired
On the Northwest Side of Chicago, in the affluent neighborhood of Sauganash, an untimely foreclosure last July has left a number of residents holding the bag on significant incomplete or shoddily-finished items.
The Sauganash Place Condo Association President, Bathsheba Birman, complains of a design flaw on the building's green roof which contributes to major flooding on her balcony below during even moderate rain storms.  Her hardwood floors show gaps and creek, many of her windows do not open properly.  In fact, over half of the building's 61 unit owners have complained of similar problems.  Units sold between early-2006 and this year, with price ranges between $350,000 and $550,000.
In addition, improper electrical wiring and gas line installation have co-mingled utilities between the residential common areas and commercial tenant Whole Foods Market, at 40,000 square foot supermarket on the first floor of the building.  Plans for a second phase of a 75-unit residential tower, just to the north of the first tower, have been postponed indefinitely, as you may well imagine.
Calls to the project developer, Brook-Ridge Development of Chicago, have been unanswered for months, and the association has had to fund needed repairs with special assessments.
Complicating the matter even further - the developer was "carefully ... more

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