Homepage > Honolulu News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters

Council Repeals Leasehold Conversion Law

Some Condominium Owners Look To Fight Repeal

POSTED: 5:48 pm HST January 26, 2005
UPDATED: 12:24 pm HST January 27, 2005

Honolulu Council members Wednesday voted six to three to repeal the city's mandatory leasehold to fee condominium conversion law.

Some residents are currently in the process of trying to convert their condominium units. They are now stopped in their tracks. They say they will sue.

Video
Supporters of the repeal rejoiced when the vote was final.

"You know I am just ecstatic. It was a long road," repeal supporter Leilani Collins said.

Charter school students and Hawaiian activists were bussed in to support and celebrate the repeal. However, the hundreds of apartment dwellers currently trying to convert their units to fee were deeply disappointed.

Condo leaseholders own their units, but not the land under them. The 1991 leasehold conversion law forces land owners to sell them the land.

"At the very least what should be done is consider the contractual obligations the city has entered into to the people who obligated themselves to the conversion process," the attorney for the Kahala Beach Apartment residents, Joachim Cox, said.

Cox sued this week in behalf of lessees at Kahala Beach Apartments in the process of converting to fee. Lessees of the Admiral Thomas Condominium trying to convert sued Tuesday.

Councilman Charles Djou tried unsuccessfully to amend the bill to allow lessees in the process to complete their conversions.

"The problem for the taxpayers is the City Council is inviting a lawsuit that necessarily does not need to occur," Djou said.

More than 70 people signed up to testify, many of them were from large Hawaiian land trusts.

"The negative impact on social programs that help people far outweigh the benefits to a handful of lessees," Kamehameha Schools Chief Executive Officer Dee Jay Mailer said.

Since the conversion bill was passed in 1991 more than 22,000 residents have converted their apartments to fee.


Links We Like
No matter where you live you can take better care of your lawn by making understanding what works for your town’s climate. More

Did you know 80% of strokes are preventable? Understand risk factors and how manage if you’ve already had a stroke. More

Help you and your co-workers do your part to green up you office and minimize your impact on the environment. More

Curious about what homes near you are in foreclosure? Want to be notified when a home goes tax forfeit so you can consider an investment? Go here. More


Like online video? Then you'll love Now See This.

Links We Like includes a selection of information, tools and resources from our partners and sponsors.
Mexican naval officers unload cocaine from a siezed submarine.
Mexico's navy says it's found nearly 6 tons of cocaine inside a small submarine after towing the craft to shore. More


PhotoVote
Check out this week's PhotoVote contest, "What Happened?."
Plus, navigate through our archives.
Favorites: Cute Kittens | Odd Couples | Oops
Sponsored Links