The condo fees explode in most new developments between year 2 and 5, often tripling in the city. Additionally, the baseline fee burden is amplified by the pra

The condo fees explode in most new developments between year 2 and 5, often tripling in the city. Additionally, the baseline fee burden is amplified by the practice of developers counting guest suites as sold by pre-selling the suite to the condo corporation, who then place the financing costs of the guest suites onto the unit owners.