A bankruptcy hearing in New Jersey was delayed to give owner of the now-vacant Latitude Five25 apartments time to work out a deal with residents.
A bankruptcy hearing for the owners of the vacated Latitude Five25 apartments on the Near East Side has been continued until May 23 so the owners can finalize a deal with the tenants who were forced to leave the apartments on Christmas Day.
"Essentially, we have retained our own pro bono bankruptcy counsel in New Jersey trying to hammer out a settlement with Paxe Latitude to create a fund for the residents," Bowman said, to compensate them for what they have endured for four months. Pete Shipley, spokesman for Columbus City Attorney Zach Klein, said in a text,"We'd like a deal that fairly compensates tenants for mismanagement and negligence by the landlord that culminated in near total property loss for tenants."
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