Rally Held to Prevent Ordinance in Charter
The No on K committee held a rally Saturday, Oct. 13, in front of 470 Central Ave., the first Alameda apartment building to experience a complete eviction of its occupants. The committee is working to defeat Measure K to keep Alameda’s rent law, Ordinance 3148, from being added to the City Charter.
“Our renters are not second-class citizens,” said Cheri Johansen the committee’s field coordinator. “They deserve true protections; an end to no-cause evictions and annual caps on rent increases.”
Rally speakers included City Council candidates: incumbent Jim Oddie and former planning board member John Knox White, along with other community leaders. A neighborhood canvassing effort followed the rally.
“As much as we grieve the loss of this community, we are here to expose the wolf in sheep’s clothing,” said Catherine Pauling of the No on K Committee. “Corporate equity investors like Sridhar Equity of San Jose and Blackstone, Inc. are not protectors of our renters nor do they have any interest in our communities. They are beholden to their investors and stockholders far outside of Alameda.”
The committee also cited that the largest equity investor in the world, Blackstone, has bought two of Alameda’s largest rental properties: Summer House Apartments and South Shore Beach and Tennis Club Apartments. Blackstone is known to invest in cities with weak renter protections and use aggressive rent increases and evictions.