Condo conversion planned for Ski Side timeshares

Condo conversion eyed for Ski Side timeshares

OCONO TOWNSHIP — Ski Side Village, a timeshare project on Camelback Mountain, will be partially converted to condominiums and used as collateral to clear debt and pay for renovations.

The project is headed by Alan and Adam Luckner of Bridge Associates of Pocono Township. They will transfer some timeshares to existing three-bedroom units, in order to free up 26 two-bedroom units so they could be sold as condominiums.

The two-bedroom units each have two stories, and measure approximately 1,300 square feet.

Funding for the project — $1.65 million — is coming from Kennedy Funding of Hackensack, N.J.

...timesahare to accomodate everyone...

Pocono Record - Condo conversion planned for Ski Side timeshares

technorati tags:timeshare, Ocono, township, Ski, Side, Village, Camelback, Mountain