Residents say a private equity firm Meadow Partners bought the buildings on East 11th and 12th street and is aggressively displacing long-term tenants and hiking up rents.
East Village residents rallied Sunday against what they call the corporate takeover of their apartment buildings.
Some residents have lived as long as 40 years inside their cozy apartments in 305 East 11th and 310 East 12th in East Village, paying stabilized rents as low at $2,000 a month. But after a corporation, Meadow Partners, came in and bought the place, everything is changing. Residents rallied, claiming the rent of long-time tenants-- families and senior citizens-- is being hiked up by nearly 40-percent. Some are being forced out, their leases not renewed.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Groundwater report could ease residents’ concerns about future East Bay wetlandConservation group’s report shows little impact of restored wetland on area groundwater but residents still concerned
Read more »
Pennsylvania school district sues Norfolk Southern over East Palestine train derailment | CNNA Pennsylvania school district is suing Norfolk Southern for negligence stemming from last month's train derailment in East Palestine, Ohio, and the subsequent 'controlled' release of toxic chemicals at the derailment site, according to a complaint filed Thursday.
Read more »
Minnesota nuclear plant shuts down for leak; residents worryA Minnesota utility began shutting down a nuclear power plant near Minneapolis on Friday after failing to stop the release of radioactive material it says is not dangerous but has prompted concerns among nearby residents.
Read more »
Suspect in Denver's East High School shooting is dead, authorities confirmA 17-year-old student who shot two administrators at East High School on Wednesday has been found dead in a nearby county, local authorities said. One victim remains in critical condition.
Read more »
Man Shot by Police in East Mount AiryA man was shot by police in the Stenton section of city's East Mount Airy neighborhood after he, allegedly, pointed a gun at officers early Saturday.
Read more »