Posts

Showing posts from 2016

How Eric Garcetti Incentivized Apartment Demolitions in 2007

On April 2, the Los Angeles Times published a report titled "More rent-controlled buildings are being demolished to make way for pricier housing". The article refers to a trio of apartment buildings in Beverly Grove that were demolished for market rate apartment units. The article states, "The developer plans to replace 12 rent-controlled units with 30 pricier apartments and three units for lower-income tenants, according to building permits." I am reminded that Eric Garcetti is responsible for the developer's ability to build a new rental property consisting primarily of market rate units that are not under the Rent Stabilization Ordinance. The Ellis Act has provisions that a city may enact to help preserve rent controlled units in certain situations. The City of Los Angeles took about twenty years to put these tenant protective provisions into its Rent Stabilization Ordinance (RSO). Tenant activism got the city council to finally act on it. Three amendments