Today's Daily Journal has an article about 1111 Douglas Ave. that I found pretty short-sighted. It leads off with
After an 18-unit apartment complex in Burlingame was sold Aug. 13, many tenants received notices that their leases will be terminated for no cause so new ownership can renovate the property.
And goes on
“This is not an eviction; it is a no-cause termination brought about by the recent purchase of the property and the subsequent need to update/renovate the property,” Safadi wrote to one of the tenants....Safadi wrote in the letter that the building has gone without significant upgrades for 50 years.
I'm no real estate attorney, nor any other kind of attorney, so I had to look up "no cause termination". Here is the Nevada version. That seems like a lot of process sans a policy or strategy. As a legal layman, it would seem to me that updating some of the 50+ year old downtown housing stock to current code could also be viewed as investing in the community. We certainly have an example of what happens when little investment happens, like here. We are coming up on two years for that fire on Donnelly with no fix......that isn't helping the rental situation! Maybe that is worth an article as well.
By the way, if you read the whole piece including
Some of the tenants have reached out to Community Legal Services in East Palo Alto for legal advice. “This case is a textbook example of how unfettered real estate speculation is tearing apart our communities,” said Daniel Saver, a housing attorney with the agency.
Do not be fooled by the use of the noun "agency" in the article. They are not a government agency as you can read here.