Rentals are a ‘go’ at Algonquin's Riverside Plaza
ALGONQUIN – Riverside Plaza will have rental apartments, not owner-occupied condominiums – for now.
The Village Board on Tuesday approved a plan that will allow developer John Breugelmans of Lakeland Asset Management to have 63 luxury rental apartments instead of 54 owner-occupied condos.
The village gave Breugelmans a deadline of July 1, 2018, to convert all of the units to condos.
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