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Olympic village future: Renting, block sales to Aquilini, block sales to offshore, more money per day in interest

November 19th, 2010 · 37 Comments

After the news that the Olympic village was put into receivership Wednesday, all of us reporter types went galloping off in all directions to try to figure out more what this means now and in the future.

I focused on the possibility of block sales of some condos to investors.

CBC focused on the possibility of renting out condos.

Jeff Lee at the Vancouver Sun focused on how much the city is paying in interest on the unsold condos — high, but of course not as high as the Maleks were paying at $4 million a month, compounding.

And I see that Bob Mackin is looking at who might be interested in picking up a block of condos from the village.

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