9 ms·
Zillow has property taxes at $11,043/year The tenant was paying $2,145/month = $25,470/year. According to the letter, they forced out another tenant. IF that
by cowsandmilk 12y ago
Zillow has property taxes at $11,043/year
The tenant was paying $2,145/month = $25,470/year.
According to the letter, they forced out another tenant. IF that tenant was paying a similar amount, the landlord was making >4x taxes in rent, not less than the current taxes.
Also, the current owners bought the property on 12/30/2014. Why should anyone have sympathy for them having tenants? They knew they were buying a rent-controlled building. They aren't some owners for the past 30 years being held victim to tenants who won't move out.
- cowsandmilk 12y agocorrection to myself on "buying", it appears the previous owner was "SHUKRY & VERA LAMA RVC LVG TR" and the new owner is "LAMA NADIA V", so it probably was an inheritance, not a purchase.
- cthalupa 12y agoIf you read the facebook post, it claims they transferred the house from one couple to a sibling as part of the process that allowed them to increase rent.