290 Lincoln Ave, barn on death row in rearJust in the past five months using two different LLCs as a cloaking device, KH Amherst PE LLC and GP Amherst LLC, You-Pan Tzeng has purchased a half dozen Amherst houses, three of them on Lincoln Avenue -- one of the oldest streets in overly Democratic Amherst, named after a Republican President before a bullet to the back of the head elevated him to sainthood.
Over the past two years at public meeting after public meeting, residents of Lincoln Avenue have brought to the attention of town officials the persistent problem with unruly party houses, usually single family homes that have been bought up by speculators, subdivided into a" two family homes" and then crammed with eight unrelated, college aged tenants (Amherst zoning legally allows four per unit).
321 Lincoln Ave
The term "tipping point" was used often, meaning the number of owner occupied units was slowly becoming the minority on this historic old street that leads directly to UMass, our largest employer.
The recent purchase of three homes on Lincoln Avenue may very well have tipped the balance ... once and for all.
328 Lincoln Avenue
While Mr. Tzeng is keeping his cards close to his chest, he has tipped his hand with the filing of a ANR plan (Approval Not Required) before our Planning Board to jury rig a second building lot in a location now occupied by a historic old barn.
Even more ominous, You-Pan Tzeng testified before our Zoning Board of Appeals when he converted a one family house at 290 West Street to a two family operation that he "uses Eagle Crest Management for all aspects of property management ..." Yikes!
Yes, although Eagle Crest owner Jamie Cherewatti testified before the Zoning Board for one of his conversions at 156 Sunset Ave last April that he did not want to be know as the "slumlord of Amherst", it would appear he doesn't work very hard at it. For starters, moving his business office from 73 Main Street Amherst into space above Stackers Bar, a youthful, less-than-elegant tap room in town center Cherewatti recently purchased using one of his front LLC's. In addition to Stackers Pub Railroad Street Partners owns another half dozen rentals in town.
Nothing like staying on top of the source of your success: alcohol and partying.
Now that Cherewatti has partnered with You-Pan Tzeng (or vice versa), no neighborhood in Amherst is safe. The town needs to call a moratorium on all housing conversions until this spring, so Town Meeting can takes up Planning Board articles that attempt to tame the Wild, Wild West.
290 Lincoln Subdivide
The rest of You-Pan Tzeng's very recent purchases:
695/697 Main Street (yes, the garage is 695)
42 Shumway Street
300 West Street
