By Andy Ambrosius
With Hotel Chateau on the real estate chopping block, the Lakeview Action Coalition says they plan to march and protest the loss of affordable housing in Lake View this Sunday.
The group says more than 700 affordable single room occupancy units
were converted to high-end, market rate housing in the past year alone.
That’s including Hotel Chateau, where residents were given 30-day lease
termination notices on Jan. 30, the group says.
Behind five of those SRO building renovations, including Lake View’s Abbott Hotel, is BJB Properties LLC Principal Jamie Purcell. The real estate giant’s lawyer announced a planned gut-rehab of the building at 3838 N. Broadway during the most recent court date, meaning all the tenants will soon be vacated.