This is what my building did. It was rent to own after being a crack den for years and being condemned. Went through the TIL program, now we’re converting. Definitely a unicorn situation. In order for it to be successful though you need to have shareholders who actually give a damn and smart, democratic board that isn’t entirely full of sh*t. Fortunately my board is a little of all three lol.
Hotsauceinmybag_NY t1_jbg007f wrote
Reply to comment by ChrisFromLongIsland in With an absentee corporate landlord, Upper Manhattan tenants unite to demand repairs by natekrinsky
This is what my building did. It was rent to own after being a crack den for years and being condemned. Went through the TIL program, now we’re converting. Definitely a unicorn situation. In order for it to be successful though you need to have shareholders who actually give a damn and smart, democratic board that isn’t entirely full of sh*t. Fortunately my board is a little of all three lol.