T
he City of Detroit is taking a major step in its fight against blight by filing the largest lawsuit of its kind in city history. The target is Real Token LLC, a blockchain-based real estate company from Florida, accused of neglecting properties that have become eyesores in neighborhoods.
The violations at one such property on Sunderland and Seven Mile include a damaged roof, porch, windows, and overgrown grass and weeds, making it uninhabitable. Frustrated neighbors like Sabrina Johnson are relieved the city is taking action. "It's not just about me," she said. "It affects everyone around here."
The lawsuit targets more than 400 nuisance properties, with Real Token being one of several companies listed. The city wants to hold accountable shell companies that allow global investors to buy into US real estate digitally but fail to maintain the properties.
City Council President James Tate expressed frustration with Real Token's lack of response and failure to keep promises made during calls. "Not one promise has been kept," he said. "They're not responsive, and they haven't paid their property taxes."
Real Token responded that it hasn't received a formal lawsuit but takes responsibility for the issues and is investing in new management to prevent similar problems in the future.
