City Councilman Dan Garodnick, a longtime resident who represents the complex, says tenants and the company representing investors are talking about developing an affordable option allowing tenants to buy in. The company, CW Capital, didn't return a call seeking comment.
But market analyst Ben Thypin says that for any deal to work, a sizable number of tenants would likely have to agree to buy in.
That's not a realistic or appealing option for some residents who are either past retirement or just out of college.
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