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Jack Matthews and the tale of Hillsdale Garden

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San Mateo Mayor Jack Matthews made an interesting assertion in a recent editorial interview for the November election.

In response to a question about Hillsdale Garden Apartments, the 697-unit complex that sold for $97.3 million in 2006, Matthews told the Times that the city got the new owner, Essex Property Trust, to agree to cap its rent increases at $200 per year.

That was news to us. As we reported in early August, Community Development Director Bob Beyer met with an Essex executive July 27 to discuss the company’s rent increases, which were so high that they were driving long-time residents out of complex.

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Posted on Wednesday, October 10th, 2007
Under: Aaron Kinney, Jack Matthews, San Mateo | No Comments »