Not so much a rumor as a confirmation – it appears that the Rincon Towers apartment building at 88 Howard has finally been sold (but to Beacon Capital out of Boston and not Crescent Heights out of Miami) and is going condo. And although the 320 unit building is not very highly rated, the majority of the low marks appear to have been as a result of the soon-to-be-past management.
∙ The Rumors You Heard Are True [Craigslist]
∙ Two deals put condos on the rise [bizjournal]
∙ Apartment Ratings: Rincon Towers [apartmentratings.com]
∙ Rincon Center Tenants Association [RCTA]