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November 14, 2006
Delivered vacant? Bricked-up building on Dean Street isn't quite there
Atlantic Yards Report follows up on a Daily News article about a landlord who has offered a rent-controlled tenant $30K to move. She didn't take the deal; that's when the water was turned off and windows were bricked up. Now the property, which is two doors down from the footprint of Bruce Ratner's Atlantic Yards proposal, is on the market for a million dollars over what the owner paid in 2004.
This isn't a Ratner-thang, but it exemplifies: * the overheated real-estate market just spitting-distance from Ratner's "blighted" neighborhood, * tactics used by property owners to evict rent-controlled tenants, and * the stress of living in Mr. Ratner's neighborhood.
Posted by lumi at November 14, 2006 7:53 AM