What is a special case condo?
In addition to the standard apartment-style condo, there are styles that one might call “urban condos.” Some urban areas feature condo-like units. For instance, New York City has many buildings that were built for manufacturing, commercial or warehousing purposes. During the 1980s, it became apparent that they were no longer economically valuable for commercial purposes but that younger people wanted to live in them. Thus the transformation.