New owner, new problems: Elderly in high-rise apartment complex feeling pushed out

Bill Silverfarb/Daily Journal Larry Graubert, Hin Wing Li, Deborah Dahut, Jerome Miller, Pauline Rich and Shirley Rich are unhappy with the way they have been treated after the high-rise they live in was sold last summer.

Since new ownership has taken over the 17-story Townhouse Plaza in San Mateo last year, it has rebranded the property 55 West Fifth and started on a construction project to bring the property up to date.

Equity Residential bought the high-rise and adjacent properties near downtown San Mateo from Westlake Realty Group for $93 million last year, company spokesman Marty McKenna told the Daily Journal.

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