The initiative, called LaSalle Street Reimagined, would convert nearly 2.3 million square feet (213,676 square metres) of #vacant#office buildings into residences and retail in the centre of Chicago, an area known as #TheLoop.
#Landlords violating it can and often do get their property repossesed, fixed up, and rented out at reduced rate by the state and the owners only get it back after paying all the costs and fees + fines for the whole ordeal. https://www.hamburg.de/wohnraumschutz/4455094/hmbwoschg/
No one should be surprised at this. Many companies suppress the labour market by refusing to pay competitive wages, then casting blame on governments and individuals.
I imagine in the hopes of getting government wage subsidies.