LONDON — It seems like a hearty protest with the help of Russell Brand can do wonders.
The residents of the New Era estate in east London learnt Friday that the developers who bought their homes, with plans to refurbish and relet the property at much higher rates, are selling it to an affordable-homes provider.
Asset management firm Westbrook Partners is on the verge of agreeing to the transfer after negotiations with London Deputy Mayor Richard Blakeway and Hackney Mayor Jules Pipe, The Guardian reported. Read more...
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