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No, not really. Buildings larger than six units can still be Ellis-ed and turned into TICs. Even if those TICs can never convert to condos, it's still often pro
by dnr 13y ago
No, not really. Buildings larger than six units can still be Ellis-ed and turned into TICs. Even if those TICs can never convert to condos, it's still often profitable to do that.
(Btw, owner-move-in evictions have nothing to do with the Ellis Act. Separate laws.)