Posted on 03/22/2026 3:27:52 AM PDT by Libloather
CHICAGO - Tenants at Chaney Braggs Apartments, at 65th Street and Stony Island Avenue, held a rally Thursday morning, protesting possible rent increases and the threat of losing their homes as construction continues at the Obama Presidential Center a few blocks away.
Residents say a California investor wants to buy the building and either gut and rehab it or demolish it.
According to tenants, the buyer is offering a $2,000 cash payment for each family to move out.
Most tenants currently pay $700 to $800 a month in rent, and many have lived in the building for 30 or even 40 years. The proposed deal has left families worried about finding another affordable place in Woodlawn.
Who is the new buyer?:
Tenants say the buyer is from California, but as of Thursday, they have not received more details or a name. We are working to confirm the identity and plans of the prospective buyer.
Will rents go up? :
According to residents, the expectation is that rents could double or become unaffordable if the sale goes through.
The buyer has not released details about future rent prices. We have reached out to the buyer’s representatives for more information.
What’s the city doing about it:
Tenants say they have contacted city and state officials for help. So far, they have not received a response.
We are waiting for comment from city leaders about any possible intervention or protections for tenants.
Families are fighting to stay:
Many residents have lived at Chaney Braggs Apartments for decades. After the previous landlord abandoned the building two years ago, tenants formed a union to keep services running and maintain the property.
(Excerpt) Read more at fox32chicago.com ...
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Gonna have to budget this trip -
DAVID MARCUS: Democrat logic: Chicago raises hotel tax ... to attract tourists
“Many residents have lived at Chaney Braggs Apartments for decades.”
Have the feeling us taxpayers are paying a good part of this.
I’m sure it’s either rent controlled or public housing
They’re obvious Uncle Toms. They need shut up and do as their told.
Guaranteed! (all of it)
Wait until they find out that Valerie Jarrett owns all of those apartments
Eat your pork and beans and shut up. Y’all should be grateful after all he did for ya. LOL
Pork and Beans ain’t halal.
Chicago my kind of town. I am glad it is there, there and not where I am.
Oholela’s library going there. Why not Oahu where the pos aALLEGEDLY was hatched?
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