Part 2 of 3: The new lords of the land [Baltimore]

Part 2 of 3: The new lords of the land [Baltimore]

A small number of investors who own many Baltimore ground rents often sue delinquent payers, obtaining their houses or substantial fees

Paul W. Nochumowitz describes himself as a bail bondsman who takes home $14,000 a year and is bankrupt.

Still, he and his wife, Amie Sue, own a $1 million high-rise condominium on Florida’s Biscayne Bay as well as a home in Baltimore County. This year, Miami Beach was the setting for Amie Sue’s 50th birthday party, complete with family, friends, her New York hairdresser, a triple-decker cake with sparkler candles and a troupe of ballroom dancers.