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Neighborhood Beefs

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Today's Deal Estate column visits a property dispute in sleepy Beverly. An enterprising couple bought a fixer-upper for $475K last summer with the intent of sinking $175K into repairs and expansion. They soon discovered the place was slammed with black mold—the bad sort—and switched gears in favor of demolition. The community revolted at the news since the home has landmark protection as part of the Longwood Drive Historic District, and although the city has prohibited entry to the home the health department won't sign off on demolition. Outsiders have accused the buyers of conducting a ruse to help clear the site for new construction. The owners refute that, and claim to have suffered health effects from mold exposure. [Chicago Mag]