It was not a big company but some dude trying to build 16 townhomes by himself, he went bankrupt in 2006 back when monkeys could make money in real estate and left the framed units in place and fought the city who ended up tearing them down themsleves, he was such an amatuer that didn’t get inspections or approval so the city was able to have them demolished.
Summer house or summer place (the condos that were supposed to be 55 and older by the new hospital) was bought by the city and they hired a contractor to finish it as affordable housing. Not sure if that’s a good thing but the city is always in hot water and at risk of losing gas tax money because of the lack of section 8, etc., I guess it’s better than just sitting there and people have to live somewhere. I couldn’t find the article but it was in the paper about a month back and the nimby’s were up in arms because a few of the units are allocated to some non profit that helps the homeless or something like that. Nimbys are pretty strong up here, I have a sneaky suspicion that after a year or two that it takes them to finish it, they’ll end up selling it, they just need the homeless angle to use city money.