Gentrification story o' the day

Reports the Star-News:

Residents living in South Pasadena's only senior housing complex are demanding the city put a stop to a new owner's plans to turn their modest units into luxury apartments.

Eviction papers have already been sent out to a handful of occupants at the Golden Oaks Apartments at 1000 El Centro St. — including all who receive federal Section 8 housing assistance — explaining they will have to leave their homes by Oct. 1.

Those remaining, such as 86-year-old Peggy O'Neil, have received notice of rental increases of up to 33 percent.

O'Neil's rent would climb to $1,250 a month. On a Social Security budget, “It means I can't do anything foolish — like take a vacation,” she said.

But while residents have said the new prices could force them from their units, the rents are expected to hit $2,200 per month when the building is renovated and a gym, library, movie theater and beauty salon are added.