'This is real, we did it': Bronx tenants become their own landlord

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'This is real, we did it': Bronx tenants become their own landlord
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After their landlord wanted to double the price of their rent, tenants at 700 East 134th St., fought back and purchased the building.

NEW YORK -- CBS New York first brought you a story last week about tenants in the Bronx filing a lawsuit against their landlord for not making basic repairs and for living in unsafe conditions.Well those tenants want to transition their building to be a tenant-owned building.It's been six months of walking six flights of stairs for resident Nora Brown. 'I can't take it,' she says. The elevator in her building has been broken since August.

'The new owner came in and made it pretty clear our rents were going to go up and be increased pretty quickly and pretty significantly. 50% and almost double,' said Hankins.On the outskirts of gentrified Mott Haven stands 700 East 134th St., a real estate hot bed. Hankins and other tenants also took their fight to court, but ultimately forced their landlord's hand to selling the building to them.

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