In a major win for residents of an affordable building in L.A.’s Chinatown, the city will bid on the 124-unit apartment complex to prevent a drastic rent increase.
L.A. City Council OKs Unprecedented Move to Buy Chinatown Apartment Building lamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lamag.com Daily Mail and Mail on Sunday newspapers.
City Council OKs "Unprecedented" Move to Buy Chinatown Apartment Building lamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lamag.com Daily Mail and Mail on Sunday newspapers.
City Council voted to try to buy a 124-unit housing development in Chinatown in an effort to keep some of the tenants housed amid rent increases by their landlord, who does not want to sell the building to the city.
The Los Angeles City Council voted Friday to try to buy a 124-unit housing development in Chinatown in an effort to keep some of the tenants housed amid rent increases by their landlord, who does not want to sell the building to the city.