Insurance rate skyrockets for 129-year-old building turned into condos (NB)

/ Owner - February 10, 2022

When Greg Gillis opened a notice from the insurance provider of his Fredericton condominium last spring, he was shocked by what he saw.  The cost of insurance for the 10-condo building had skyrocketed to $22,000 a year — a $12,000 jump.  Gillis is the condo board president at York House in Fredericton, built in 1893 and converted to condominiums in 2012.   Read the entire article……………………………….

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