With Ellis Act evictions as the current hot political topic, the attempted removal of four rent-controlled tenants in the Richmond seems like bad timing—especially by a convicted real estate conspirator. Investor Craig Lipton, who was convicted of attempting to rig bids at real estate auctions in 2011, is hoping to flip a building at 2405 Anza Street. If the flip doesn't work out he plans to use Ellis evictions to convert the building to a tenancy in common. [SF Appeal/Curbed SF]
Filed under:
Loading comments...