The move comes about two months after another Arlington condo project, The Myerton, was converted to rentals. Local Realtor Laura Rubinchuk says that the history of the Bromptons project — construction was stopped after the building was declared structurally unsound in 2006 — probably came back to haunt it.
“Slow sales for the Myerton definitely played a part in their decision to convert back to rentals,” she said. “But I think the 3800 Lofts are always going to carry the past with it — buyers are going to be nervous about investing in something that was once on unstable ground, regardless of County clearance and any actions taken to remedy the situation.”
