Owner and builder of the Camden Townhouses, Israel Roizman, made a commitment 15 years ago to sell each of his 91 units to his tenants if the apartments were still standing. Roizman, says that next year he will honor that commitment. The City of Camden, one of the poorest in the country was expected to approve a $215 million dollar plan to dramatically upgrade the area, completely wiping out areas blighted by drugs and prostitution.
Mr. Roizman is performing an honorable deed by keeping his word to the tenants, who would probably never have a chance at home ownership under normal circumstances. The City of Camden also deserves credit for stepping to the plate in support of the initiative.
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