903 Residences apartments undergoing conversion to condos

CONDO CONVERSIONS: Tom Knight, left, concierge at the 903 Residences at Providence Place, delivers a package to General Manager Walter Pastor. For the past six months, rental units at the residential building in Providence have been going through a conversion to condos, with nearly 40 sold so far.  
 / PBN PHOTO/MICHAEL SALERNO
CONDO CONVERSIONS: Tom Knight, left, concierge at the 903 Residences at Providence Place, delivers a package to General Manager Walter Pastor. For the past six months, rental units at the residential building in Providence have been going through a conversion to condos, with nearly 40 sold so far. 
 / PBN PHOTO/MICHAEL SALERNO
Timing is everything in real estate, and sometimes it isn’t on the developer’s side. The 903 Residences at Providence Place, which opened as apartments in 2003 then converted to condos, got caught in the market crash of the Great Recession. When the market fizzled, fewer than one-third of its 330 units had sold. Now, after…

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