SF Bay Area Indymedia indymedia
About Contact Subscribe Calendar Publish Print Donate

Peninsula | Health, Housing, and Public Services | Front Page

Fri Sep 11 2009 (Updated 09/12/09) Page Mill Properties Pockets Rents Instead of Making Loan Payment
Page Mill Properties Abruptly Exits Leaving East Palo Alto Tenants in Danger East Palo Alto's biggest landlord missed a $50 million balloon payment to their bank last month, creating a situation that is both perplexing and dangerous for tenants. Page Mill Properties abruptly closed both their tony downtown Palo Alto office and their East Palo Alto offices last week, but they abandoned the tenants long before that. Tenant complaints include swimming pools covered in algae, long broken laundry facilities, and threatening "quit or pay" notices sent to tenants who were, in actuality, paid up on their rent. Tenant activists have also been harassed by Page Mill employees.

The Menlo Park Fire Department told the Palo Alto Daily News this week that of nine buildings recently inspected, only ONE of the current alarm systems is "even remotely" working. "We gave them a citation, a notice to repair, back in the June/July time frame. They have not done that," said the Fire Chief. Tenants are hoping that recent court action will bring some semblance of order to the neglected properties. On September 9, the San Mateo County Superior Court appointed Southern California based Ward Realty Advisors as receiver for the 1800 units. That company is now slated to select a property manager to take over running the buildings early next week.

On September 1 the court granted plaintiff Eric Oberle's motion for a preliminary injunction in a class action lawsuit against the giant landlord. That injunction barred Page Mill from collecting or enforcing rent increases that do not comply with East Palo Alto rent stabilization rules. Some tenants feel that this ruling may have been the final straw for the landlord whom they say not only failed to pay the bank but pocketed August and September rents as they left the properties abandoned.

Read more | EPA-tenants.org

Previous Indybay coverage: Mega-Landlord Pulls Out Suddenly, Leaving Tenants in Fire Trap | Possible Criminal Charges Against Landlord Page Mill Properties

08/21/14 Longest Blockade of Israeli Ship in History — Zim Lines Ship​ Forced to Leave Oakland Port   Labor & Workers | Palestine
08/16/14 Sam Farr Votes Again and Again to Strengthen U.S.-Israel Military Ties   Santa Cruz Indymedia
08/16/14 WeCopwatch Reports on Protests and Police Abuses from Ferguson, Missouri   Police State and Prisons | Racial Justice
08/12/14 Youth Press Conference in San Francisco Calls Attention to Children at the Border   International | Americas | Immigrant Rights
08/09/14 Homeless Activists Urge ACLU to Take More Principled Stand on Criminalization of Sleep   Health, Housing, and Public Services | Santa Cruz Indymedia
08/09/14 Environmentalists, Farmers, Tribal Leaders Call for New Bay Delta Conservation Plan EIR   Environment & Forest Defense | California
08/09/14 Latino Activists Demonstrate in Solidarity with Children Detained by U.S., Killed in Gaza   Immigrant Rights
08/09/14 Community Calls for End to U.S. Funded, Seven-Year Siege by Israel's Military   Palestine
08/05/14 'Operation Chill' Provides Santa Cruz Police with New Weapon: Free Slurpees   Police State and Prisons | Santa Cruz Indymedia
08/04/14 Three-Time Killer Reinstated After Being Fired for Throwing CS Flash-Bang at Scott Olsen   Police State and Prisons
08/04/14 Angry Seniors, Teachers, Hotel Workers, Artists and Community Block Tech Buses in SF   Health, Housing, and Public Services