Five Points Property Will See Condos Turned Into Apartments

Five Points property will see condos turned into apartments

The work will preserve affordable housing units while standardizing condos for market-rate renters. A new lobby and leasing office will move to the ground floor.

The City of Monterey and a property owner reach an agreement to fix derelict apartments.

It’s been a long, frustrating and convoluted journey toward rehabilitating a 1930s-era, 14-unit apartment complex in Monterey. The journey is not yet over, but it’s coming to a turning point after a legal fight that’s been going on well over…