Real Estate Speculator Ty Durekas Buys Tenderloin Building: Evicts Everyone on Site, Sparking Rally

Jessica Khoe and her father

About 50 angry residents and housing activists gathered in the courtyard of 741 Ellis yesterday  to protest the evictions of the building's section 8 tenants by new landlord Ty Durekas. According to Fred Sherburn-Zimmer of the Housing Rights Committee, Durekas bought the building on December 3, 2013.

On February 11, 2014, Durekas began serving 90-day eviction notices to the tenants, all of whom are Section 8 Asian immigrants.

Section 8 was paying an average of $1,200 per month for each of the building's 9 units. Durekas is currently advertising the units for $4,350 per month on Craigslist before they've even been vacated. Durekas, it appears, bought the building specifically to empty it out and triple the rents.

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