It's more odious than we thought. We linked to Beyond Chron's story on Zephyr RE and Ellis Act-ed TICs, but Matt Lanning points out an all-important refinement missing in the BC post: Zephyr will represent only buildings where no protected tenants have been evicted under the act. Meaning the elderly, disabled, or ill. Presumably future buyers of TICs in Zephyr-represented buildings will now be able to sleep at night knowing it was just a few resilient twenty-something hipsters or a Latino family. With a clear conscience. Thanks, Matt!
· Zephyr: No More Ellis Acters [Curbed SF]
· Zephyr Real Estate Takes a Stand... [SFHomeblog]