Following up: looks like the Economakis family wasn’t pulling a bait and switch.  They really are building out a garish single family residence now that nearly a score of rent controlled tenants have been shuffled down the road. Unrelated: on the other end of EV real estate contretemps, Umbrella House, now a full-fledged legal enterprise, has its first commercial tenant, a local barbershop that wanted to expand (sorry, I just noticed this over the weekend). Read this depressing article about homesteaders becoming homeowners becoming homeowners who want to cash out, way out.

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