Seattle's effort to protect renters allegedly helped destroy a $39 million investment meant to provide affordable housing, sending a 254-unit apartment complex that served lower-income residents into receivership.
Now, its owners have scored a court victory in a battle that could influence similar fights in Philadelphia and other Democrat-led cities.
The Washington Court of Appeals ruled Monday that GRE Downtowner LLC, the company behind Seattle's 254-unit Addison on Fourth affordable housing development, can proceed with claims that the city's sweeping rental regulations amounted to an unconstitutional taking of private property.
GRE alleges the restrictions, including an ordinance requiring landlords to accommodate certain additional occupants without their consent, sent r…
المصدر: foxnews politics
