ST. LOUIS — A St. Louis judge has appointed a receiver to manage the troubled Ely Walker building downtown, a victory for residents who have complained for years about lax security and deferred maintenance in the 174-unit building controlled by controversial landlords Vic Alston and Sid Chakraverty.
An Alston company owns the majority of Ely Walker condo units, giving him the votes to fill the condo board with employees of his companies. Several independent condo owners sued the Alston-controlled board in 2016 and again in 2021, litigation that is still ongoing. On Nov. 21, the condo owners filed a motion in one of their lawsuits to appoint a receiver for the building.
“The plaintiffs are gratified that the court has appointed a receiver that can hopefully restore some semblance of order,” their attorney, Elkin Kistner, said Wednesday.
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