‘Seniors can stay’: Historic May Wah Hotel sold to Chinatown Foundation
Lien Yeung, CBC News, Mar 17, 2017
Future of low income tenants, mostly seniors, was in jeopardy when building was put up for sale. New owners of Chinatown’s historic May Wah Hotel say its senior residents will be able to remain in their homes after it was sold to the Chinatown Foundation for $9.8 million. “We just want everyone to feel comfortable that not much is going to change,” said Henry Fung, a board director. Read more…