Thursday, 23 August 2018

Van Nuys apartment owner drops plan to convert affordable units to market rate

The owner of a 390-unit apartment complex in Van Nuys has dropped its attempt to roll back rent restrictions on a fifth of those units.

The Los Angeles City Council on Wednesday approved a settlement agreement requiring the owner, San Regis LLC, to retain affordable rents on 78 units of the complex...



from latimes.com - Los Angeles Times https://ift.tt/2OVhtrk

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