Lee Benson, Deseret News
SALT LAKE CITY — Retired Utah attorney Keith Romney is considered the Father of Modern Condominiums. It was his work in 1960 that led to the first condo project in America, right here in Salt Lake City.
Romney was hired as legal counsel for developers building a 120-unit apartment complex for people ages 50 and above. Graystone would sit on the corner of Highland Drive and 2700 South.
The developers wanted to sell the apartments co-op style, like they did in the big cities, and sent their legal counsel to New York and Chicago to study how that could be done.
But after returning from his road trip, Romney, 31 years old and just getting started as a lawyer, told the developers he had a better idea. It was his belief that Westerners in general, and Utahns in particular, wouldn't be too interested in co-op-style leases.
What would interest them would be apartments they could own, along with an ownership share in the surrounding grounds and infrastructure.
They'd call the units condominiums, and if that seemed like a new-fangled term, Romney assured everyone that it was actually old-fangled.
Romney had discovered evidence of joint ownership of dwellings that dated back to the Roman empire. On a visit to Rome, he'd personally seen the word "condominio" etched in marble in a Roman ruin.
He didn't invent the concept, he just unearthed it. He called it "an ancient new idea" and made it legal by lobbying the Legislature to pass the Utah Condominium Act of 1960.
That done, he came up with the very first advertisement for the very first modern condominium project at Graystone Arms.
The ad was three words long: No More Yardwork.
Within two weeks, 70 percent of the units were sold. Not long after that, they were all gone.
Romney became the condo king and Utah the condo epicenter. He helped other states draft condominium legislation and worked with groups that started the first family condos (Three Fountains in Murray), the first resort condos (Treasure Mountain Inn in Park City), the first office building condos (in Arkansas) and the first hotel condos (Marriott Camelback Inn in Scottsdale, Ariz.).
The wave he launched has never crested. Fifty-two years later, untold millions of condominiums have been sold throughout the country.
But there's irony in this story, the very best kind of irony.
Keith Romney is 83 years old now and doesn't live in a condominium.
Nor will he ever.
He and his wife, Janet, remain comfortably in their house on Gillmer Drive in Salt Lake City. It's the home they first moved into in 1959, a year before Americans began hearing of condos. It's the home where they raised their family.
The Romneys would appear to be perfect candidates for condo living. Keith has degenerative muscular dystrophy and can't move by himself out of the wheelchair he's been in for the past 12 years. He needs help to do virtually everything physical. Janet has scoliosis and arthritis and other things incident to age that severely limit her walking. She, too, moves mainly by electric wheelchair.
But Keith and Janet get around just fine, and not through their own actions.
- 3 veteran officers preparing sex harassment...
- Lindsey Stirling reflects on global audience,...
- Earthquake in eastern Nevada felt in St....
- Worth 1,000 words: Here's a look at the top...
- 'Princess' power: BYU to present stage...
- Harley rider killed in accident identified
- Police arrest 4 suspected in 33 'pillowcase...
- Students wear green to honor 2 Hillcrest...
- First prison relocation open house... 38
- Congressional delegation not impressing... 32
- S.L. City Council, mayor seek... 28
- Prosecutors file new charge against... 20
- 3 veteran officers preparing sex... 16
- Utah lawmakers begin task to... 15
- Police: Toddler accidentally shot in... 13
- Sen. Orrin Hatch calls HBO story on... 13