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Voice of San Diego

Voice of San Diego

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The Morning Report

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Tag: Blackstone Group

Posted inDevelopment

Advocates Worry Blackstone Sale Will Take Affordable Housing Crisis From Bad to Worse

by Lisa Halverstadt and Jesse Marx May 18, 2021March 15, 2022

The planned sale of 66 apartment buildings to the New York-based Blackstone Group highlights both the vulnerability of naturally affordable housing and the lack of requirement for owners to notify local governments of plans to unload properties.

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