Longtime residents of an old apartment building Downtown on Court Street could be forced to move by the end of the month to make way for new development.
Mount Auburn-based Vision & Beyond Capital Investments purchased the 18-unit Court View Apartments building at 7-9 W. Court St. in April.
The developer plans extensive renovations to convert the building to a new mixed-use development with 24 apartments and six first-floor commercial spaces.
Cincinnati tenants notified by letter that they will be forced to move
Tenants were notified in a letter obtained by The Enquirer dated May 25 that they would have 30 days to move.
"If you can believe it, the rent for a 1,200-square-foot unit (in the Court Street building) was $500,'' said Katy Crossen, a spokeswoman for Vision & Beyond. "That's not market rate. That's the agreement they had with the previous owner.''