26 August 2008

Why Are These Buildings Vacant

I noticed recently that several buildings at the Five Points intersection of McMicken and Vine have been vacated. I couldn't believe this, because I remember when they were newly rehabbed, and it didn't seem that long ago (1992?).

[Where: 1902 Vine Street, Cincinnati, OH 45202]
Developed by OTR Housing Network. Tax Credit Ownership Managed by Stern Hendy.

Anyone know the story here? Were the rental subsidies only for 15 years? Are there plans to secure them and/or upgrade them?

Other properties that were rehabbed then by the same developers that may also be going vacant: 1636 Main, 1929 and 1930 Vine, 144, 208, 222 Peete, 216, 218, 220 and 228-30 E. Clifton, 202 and 209 Mulberry, 202 Mulberry, 6 Findlay.

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