NOTE: THE ORIGINAL HEADLINE FOR THIS ONLINE STORY WAS “LANDLORDS, OTHERS IN MARCY HOLMES CONSULT WITH LAWYERS,” WHICH WAS INACCURATE. Landlords in the Marcy Holmes neighborhood and a representative from the Minnesota Greek Alumni Association met Tuesday to form a community organization because of the problems they said they have seen with the Marcy Holmes Neighborhood Association . The group elected a president, vice president, secretary, representatives from the Greek community, a treasurer and a board member. There is an open spot for a student on the board. William Wells, a developer who represents landlords in Marcy Holmes who was elected consultant director Tuesday, said the Marcy Holmes Neighborhood Association has not been including students, not allowing property owners their legal right to due process and using the notion of the word historic to serve an agenda. âÄúWeâÄôve found that Marcy Holmes doesnâÄôt do a good job showing the demographic community,âÄù Marc Mayer of MGAP said at the meeting. âÄúItâÄôs their job to, itâÄôs the cityâÄôs intent in the cityâÄôs writing of charter, but itâÄôs not happening.âÄù Seventy-two percent of the Marcy Holmes neighborhood properties are rental properties, 11 percent are homestead properties and 17 percent are educational, worship or otherwise designated properties, according to data presented at the meeting. âÄúThere are so few [homeowners] if you look at that map,âÄù Stan Masoner , University of Minnesota alumna and one of the organizationâÄôs Greek representatives, said of the Marcy side of the neighborhood, âÄúand itâÄôs changing daily. âÄúJust in the last four or five weeks, three more resident property owners have sold their houses and moved out of the neighborhood.âÄù Wells also cited the moratorium ending in mid-August, the University Zoning and Planning Regulatory Review Committee proposing changes, the formation of the University District Alliance , a change to policy regarding historic preservation and University and neighborhood master plans as reasons for the organization coming together. Two people in attendance expressed concern about creating two neighborhood associations, which could cause complications for the city and those applying for permits. âÄúItâÄôs been tried before,âÄù Tim Harmsen of Dinkytown Rentals , and now president of the community organization, said earlier this week about forming a new organization. âÄúI think that landlords, a lot of them, donâÄôt do a very good job. WeâÄôve gotta get to some of these guys and say âÄòWeâÄôve gotta get this cleaned up and get this town looking good.âÄô We have to get it to a point where we are all wanting the same thing and we can all talk to each other. We have to be more of a neighborhood.âÄù After the meeting adjourned, new board members went to a Marcy Holmes Neighborhood Association meeting to introduce the group. Ward 3 Councilmember Diane Hofstede said meetings have always been open to the public. âÄúComing to the table has always been encouraged,âÄù she said. Wells described the neighborhood associationâÄôs reaction to their organization as âÄúgood.âÄù Harmsen said that the neighborhood has a unique opportunity because property values and occupancy are high. âÄúYou think that this would be a great situation to make it into a great place,âÄù said Harmsen. âÄúThere is very little communication between the Marcy Holmes Neighborhood Association and the people that own the property.âÄù