Overhauled Houses Will Become Condos
OREANDA-NEWS. On 26 June 2008 was announced, that homeowners associations are to be set up in almost all of 1,600 houses in Moscow set to undergo overhaul in 2008.
“We plan to set up homeowners associations in those 1,600 houses which will undergo overhaul in 2008 in addition to the condominiums which already exist,” Pyotr Biryukov, first deputy city mayor of Moscow, declared at a live program on TV Tsentr television on June 24.
According to the official, it is planned to turn 2,000 houses into condominiums next year.
“By 2014, having completed the program of overhaul of the [Russian] capital’s houses, we will start setting up homeowners associations in each of them,” Mr Biryukov added.
The first deputy city mayor of Moscow informed that homeowners associations had been set up in 4,840 dwelling houses in Moscow since 2000.
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