When a new landlord bought their building in the Bronx and threatened to raise rents and kick them out, tenants banded together. They never expected how far they might get: the chance to buy their apartments for $2,500 each.
Activity in the city’s housing courts, which used to process more eviction cases than any other city in the nation, is rising after a pandemic moratorium.
Investors and corporations are buying up houses and turning them into rental properties. In Charlotte, N.C., that is adding to the hurdles facing would-be buyers navigating a brutal market.