The Politics of Staying Put: Condo Conversion and Tenant Right-to-Buy in Washington, DC

The Politics of Staying Put Condo Conversion and Tenant Right to Buy in Washington DC When cities gentrify it can be hard for working class and low income residents to stay put Rising rents and property taxes make buildings unaffordable or landlords may sell buildings to investors in

  • Title: The Politics of Staying Put: Condo Conversion and Tenant Right-to-Buy in Washington, DC
  • Author: Carolyn Gallaher
  • ISBN: 9781439912652
  • Page: 140
  • Format: Paperback
  • When cities gentrify, it can be hard for working class and low income residents to stay put Rising rents and property taxes make buildings unaffordable, or landlords may sell buildings to investors interested in redeveloping them into luxury condos In her engaging study The Politics of Staying Put, Carolyn Gallaher focuses on a formal, city sponsored initiative The TenaWhen cities gentrify, it can be hard for working class and low income residents to stay put Rising rents and property taxes make buildings unaffordable, or landlords may sell buildings to investors interested in redeveloping them into luxury condos In her engaging study The Politics of Staying Put, Carolyn Gallaher focuses on a formal, city sponsored initiative The Tenant Opportunity to Purchase Act TOPA that helps people keep their homes This law, unique to the District of Columbia, allows tenants in apartment buildings contracted for sale the right to refuse the sale and purchase the building instead In the hands of tenants, a process that would usually hurt them conversion to a condominium or cooperative can instead help them Taking a broad, city wide assessment of TOPA, Gallaher follows seven buildings through the program s process She measures the law s level of success and its constraints Her findings have relevance for debates in urban affairs about condo conversion, urban local autonomy, and displacement.

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