Private equity took over housing, negligence ensued, killing a resident the morning of his wife’s funeral. I am sure the owner is sleeping just fine in his “honestly earned” 43,000 sq. ft home. I’m personally tired of living in pre-Revolution France.
How a Private Equity Group Drove an Apartment Complex Into the Ground
After decades as a coveted address in Syracuse, N.Y., the sprawling Nob Hill complex descended into neglect, squalor and death. One family paid a terrible price.
nytimes.com