Word: condos
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Dates: during 1980-1989
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...Court last month upheld the ordinance in its first legal test, despite the objections of city developers who said the law represented a "confiscation of property." Further legal battles are expected, but for now the law is doing just what its proponents had hoped--dramatically slowing the rate of condo conversion...
...mean a sheriff's sale?" I knew how much Featherless prized his chattel, especially his condo at Yosemite Apts. and his Tempura sports car, with a five-speed balance of payments...
...that may be the biggest effect the condo class will have. If anti-gentrification legislation stays in place, the politicians' fears may prove groundless. But even so, those fears may trigger a realignment of city politics away from the old vested interests that influence both the CCA and Independent camps and toward a new coalition more interested in the city as a whole...
...would really like to see Cambridge continue as a home for moderate-and low-income families. And I would like to see their breadwinners be able to find jobs appropriate to the level of their education and skill in and around the city." So far, rent control and the condo conversion ordinance are the main bulwarks in the battle against gentrification. But they may not be permanent solutions--landlords soon discovered the condo loophole in the rent control law, and appear to be figuring out ways around the condo ordinance only six months after its passage...
...biggest challenge to rent control and condo limits may come in the courts. Rent control without the condo ordinance would probably do as much harm as good, tempting landlords to convert their units in search of peace and, presumably, more money. The first court fight on the ordinance began within months of the law's passage. It reached court for the first time last week. Both sides vow to keep fighting no matter what the outcome at the first judicial level. "I have felt for a long time that legislation would probably not survive the decade. What we are trying...