Pedestrians cross South Fayetteville Street at Davie Street in front of the venerable Sir Walter Apartments building, 400 South Fayetteville Street in downtown Raleigh. The 140-unit complex that provides federally subsidized housing for seniors is under contract to be purchased by an Ohio-based developer who wants to turn the 10-story building into a hotel, offices or apartments. Residents, all of them age 62 and older, must find a new home by the time the HUD contract expires in 2020.
Pedestrians cross South Fayetteville Street at Davie Street in front of the venerable Sir Walter Apartments building, 400 South Fayetteville Street in downtown Raleigh. The 140-unit complex that provides federally subsidized housing for seniors is under contract to be purchased by an Ohio-based developer who wants to turn the 10-story building into a hotel, offices or apartments. Residents, all of them age 62 and older, must find a new home by the time the HUD contract expires in 2020. Harry Lynch hlynch@newsobserver.com
Pedestrians cross South Fayetteville Street at Davie Street in front of the venerable Sir Walter Apartments building, 400 South Fayetteville Street in downtown Raleigh. The 140-unit complex that provides federally subsidized housing for seniors is under contract to be purchased by an Ohio-based developer who wants to turn the 10-story building into a hotel, offices or apartments. Residents, all of them age 62 and older, must find a new home by the time the HUD contract expires in 2020. Harry Lynch hlynch@newsobserver.com

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