Rent Control Revisited

I recently looked at a four story house that is divided into an owners duplex, one rental with no lease, and one additional rental that is rent controlled. I believe the rent controlled tenant inherited the apartment from his/her mother.

I read the posts on this site following the NYT article on rent control this past October. I’m wondering — is anyone willing to share stories on rent control buy-outs or evictions? Does that ever happen? If so, how much time and money have owners spent to remove rent controlled tenants?

By Nance |