Brookhaven Mayor negotiates lease extension for Park Villa residents
Brookhaven, GA, July 14, 2017 – Following the recent coverage regarding a future townhome development in Brookhaven, Mayor John Ernst engaged management of the new developer (and current landlord) to better understand the facts and negotiate a lease extension for the remaining residents at Park Villa Apartments, 2095 Burton Plaza Lane, NE, who expressed that they needed additional time to relocate.
“This real estate transaction was between two private parties and technically does not involve the City of Brookhaven at this time,” said Mayor John Ernst. “Having said that, I was concerned about the potential impact on certain tenants and brought my concerns to the developer. Based on our discussion, I was pleased to learn that they shared the same concerns and have agreed to extend the lease deadline an additional 21 days for those who need more time to find suitable housing. There was no legal obligation on their part, per the term of the existing leases, but they chose to cooperate as good community partners.”
“We thank the City of Brookhaven for working with us to find ways to help the Park Villa community, and we’re glad to offer some solutions that will help with this transitional period,” said Michelle Campbell, Taylor Morrison’s Atlanta division president.
Taylor Morrison will provide transitioning Park Villa residents with a 50 percent rebate of one month’s rent through the extension, as residents find alternative housing accommodations. Residents who have already paid rent and moved will receive 50 percent of their last month’s rent. For those residents who need the extended time to relocate, they will owe 75 percent of their monthly rent for those three weeks, but will also receive a 50 percent rebate. Residents who need additional information regarding lease terms can contact Taylor Morrison at 770-741-0226.
Brookhaven Director of Communications
Taylor Morrison, V.P. Corp. Communications