A Shaker Boulevard landlord has found a buyer for the trio of apartment buildings that became emblematic of Cleveland City Hall’s battle with out-of-town landlords.
The buildings have vexed tenants and city officials over the years. They’ve complained of broken elevators, faulty heat and poor security at the properties. The city sued the landlord, which has a New York mailing address, in 2023 and has cited the properties for multiple code violations.
The proposed buyer, The Lenox at Shaker Square LLC, signaled that it would turn things around. The company, led by Martin N. Shkreli, has proposed $5.1 million in repairs and renovations as part of an investment of more than $20 million, according to a filing in Cleveland Housing Court…