One Minute With The One Group

A Brief History of the Condo


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Here’s a great pub trivia question....when was the First Condo built?
The best information we have points to the first Condo ever popping up
New York City in the 1881, that’s according to a book called High Life:
Condo Living in the Suburban Century,
About 30 years later, Puerto Rico passed the first modern condominium
statute, called a Horizontal Property Act and in the 50’s North American
developers soon picked up on the concept. Remember Mitt Romney? His
cousin Keith was almost solely responsible for bringing the Condo to North America when he pitched the idea of building them in Salt Lake City to a national developer.
The first Condos here in Canada arrived On December 20, 1967 it was a 56-unit townhouse complex known as Brentwood Village in Edmonton.
Today there are more than 30 million condominium units in North America, including approximately 2000 in Barrie...a number that will continue to grow in the years ahead.
If you have a question about Barrie Real Estate or an idea for our next podcast, we want to hear it! Reach out anytime, to [email protected]
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One Minute With The One GroupBy The One Group Barrie