Word: ctoc
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Bill Leary a spokesman for CTOC, said yesterday that many Cambridge tenants will be faced with eviction because they cannot afford the 10-to-20 per cent hike in rent...
...lawyer representing CTOC, and Leary; would not comment on the suit itself, but Leary did agree to discuss what the CTOC believes may be illegal about the rent increase...
Leary said the CTOC believes the courts will be sympathetic to the landlords in considering the suit and that only massive pressure from tenants withholding the increase will Force the course to recognize the illegality of the increase...
...said that CTOC believes the increase is illegal because two of the five board members, who both voted for the increase. Paul Watkins and Fred Cohn, are landlords. Leary said this may be a violation of the state's conflict of interest law and of the due process clause of the federal Constitution...
...CTOC also contends that the rent hike is illegal because it provides landlords with more than a fair net operating income...