Plan C's TIC protest makes the News
Plan C made headlines in the Chronicle today, with 60 demonstrators making it to the protest at city hall yesterday to bring attention to the antiquated lottery system for TIC condo conversions.Ā
Not a bad turn out for the middle of a work day in the middle of a work week.
This year, 1,994 tenancies-in-common entered the lottery in an attempt to join the ranks of the condominium converted - a 51% increase from 6 years ago. This is indicative of the fact that, with only 200 units winning each year, the backlog re-entering the pool of hopeful condo conversion winners is going to continue to increase dramatically in the years to come.
You can read the full story HERE
This year, 1,994 tenancies-in-common entered the lottery in an attempt to join the ranks of the condominium converted - a 51% increase from 6 years ago. This is indicative of the fact that, with only 200 units winning each year, the backlog re-entering the pool of hopeful condo conversion winners is going to continue to increase dramatically in the years to come.
You can read the full story HERE

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