A landlord's attempt to evict a former Portland mayor who formed a tenants union amounted to retaliation, a jury concluded, allowing him to remain in his...
A landlord's attempt to evict a former Portland mayor who formed a tenants union amounted to retaliation, a jury concluded, allowing him to remain in his apartment against the landlord's wishes.
In Maine, landlords can evict tenants without providing a reason. But it’s illegal to target someone for forming a tenants union, which is encouraged under a Portland rent control ordinance approved in November 2020 by residents of Maine's largest city. It's dealing with a housing crunch and rent that's approaching $2,000 for a two-bedroom apartment.
The jury's 8-1 decision in the civil lawsuit means Strimling can keep his apartment at the downtown Trelawny Building. Geoffrey Rice, who owns the apartment building, declined to comment to reporters.The 18,000-square-foot Upper East Side townhouse was built in 1901 for financier Elias Asiel and later served as the home and studio of Oleg Cassini.The onset of the COVID-19 pandemic slammed the U.S. economy hard.
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices.Investors could buy H&R REIT units at nearly 60% discount to fair value, receive monthly distributions yielding 6.8% annually, and double capital over the next decade The post 6.8 Percent Dividend Yield! I’m Buying This Stock and Holding for Decades appeared first on The Motley Fool Canada.
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