3 Comments
User's avatar
Ashley Brim's avatar

I wonder if there’s any precedent somewhere for converting RSO designation to property vs. buildings. So if a lot has rent stabilized apartments on it and it’s sold to a developer, whatever they build will have to be rent stabilized from the start.

I mean obvs insane to think our developer-bought council would ever but it feels like we need something to insure longevity for the protections that exist.

LA Squawk Box's avatar

Campaigns for elected office aren't always developer funded, and some take advantage of matching funds to avoid having those ties/influence. So maybe the idea of a developer bought council isn't written in stone.

Ashley Brim's avatar

It’s getting better every election.