Daley: Give Renters More Condo Conversion Protections
(Chicago Sun Times) — Chicago renters displaced when their buildings are converted to condominiums would get one month’s rent toward relocation expenses and at least nine months’ notice, under reforms recommended Thursday and embraced by Mayor Daley.
Daley said he would introduce an ordinance at Wednesday’s City Council meeting that would enact into law all of the recommendations made by the condominium taskforce he appointed nearly three years ago.
The irony is, the panel took so long to study the issue that the condo conversion epidemic has long since passed.
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