Due to the financial economic crunch that is luring around the globe, in the United States for instance, in the move to avoid foreclosure of businesses in any sectors or in real estate, a luxury condo developer has turned the unoccupied units a shelter to those homeless unfortunate ones.

The Brooklyn units come complete with granie, counter, terraces, marble bathrooms and walk-in closets and the city is paying out hundreds of thusands of dollars per month or $90 per unit per night to house homeless families in the city.

According to other people, the move was a very noble tad best thing to do amidst crisis where families ended up living in the street. To actually give them a decent home is a good idea where you have help others and at the same time you earned from the unit where before there were no tenant.The developer, can pay the mortgage with the deal and still keep the building, instead of going into foreclosure.

He can pay the mortgage with the deal and still keep the building, instead of going into foreclosure.