New TIC-to-Condo Plan Would Impose 10-Year Conversion Moratorium in Exchange For Lottery Bypass

... Tenants' rights advocates, however, quickly protested, claiming the change would spur more renter evictions and real estate speculation. Talks on the proposal remained at a standstill until earlier this week. In a TIC, a group of residents jointly ...

http://blogs.kqed.org/newsfix/2013/04/17/new-tic-to-condo-plan-would-impose-10-year-conversion-moratorium-in-exchange-for-lottery-bypass/