Washington Plaza

[Lilybell]

Yeah, C24 was one of the first buyers, if I recall correctly (before me, and I think I was the 10th). So they have already had the apartment long enough to sublet.

[BEB]

As a non-WP resident, I'm curious about how long a shareholder can sublet their apartment. Also which is it, sublet after two or three years?

[7]

As a non-WP resident, I'm curious about how long a shareholder can sublet their apartment. Also which is it, sublet after two or three years?

Things may have changed since I read about this, but:

* Subletting is not a guaranteed right (subject to board approval, and the board is currently controlled by the sponsor, not by residents)

* If approved, you can sublet for up to 4 years (lifetime maximum) after 1 year of residence, but your maintenance will increase by 10% while subletting. Since the maintenance is already high, this could be a $100-$200 increase in your monthly maintenance.