Article: Condos evicting affordable housing: Rogers Park has lost 900 apartments a year since '03, study finds.

Byline: Antonio Olivo

Oct. 25--A study released Tuesday shows that roughly 900 apartments in Rogers Park have been converted to condominiums each year since 2003, part of a citywide trend that recently prompted Mayor Richard Daley to call for a new campaign to preserve affordable housing.

Although condo conversions signal buyers' confidence in their neighborhoods, the report's authors argue there are not enough safeguards to keep developers from displacing the city's working poor. Often developers will evict tenants when they want to convert a building to condos, said Brian White, executive director of the Lakeside Community Development Corp. which conducted the ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!