AG nails landlord for breaking rent law, promises more to come

Ink Property Group and three of its principals will pay up to $1.75 million to settle claims by state Attorney General Letitia James that they duped rent-stabilized tenants out of leases, illegally deregulated units and falsified financial documents to secure bank loans. But for now, Ink is on the hook for only a fraction of that. The firm has shelled out $300,000 to a state affordable housing fund and promised $400,000 to the tenants who

The post AG nails landlord for breaking rent law, promises more to come appeared first on The Real Deal New York.

New York’s “worst landlord” pays the piper in $235k city settlement

For New York City’s so-called worst landlord, the rent has come due. In a settlement with the Department of Housing Preservation and Development, Jason Korn agreed to pay $235,000 in civil penalties, the Patch reported. The penalties stem from building violations and tenant harassment at six different buildings, including four in Brooklyn and two in Manhattan. Korn has become a mainstay on the city’s Worst Landlord Watchlist, topping the notorious ranking for two years running.

The post New York’s “worst landlord” pays the piper in $235k city settlement appeared first on The Real Deal New York.

Former “worst landlord” sued for wage theft on his birthday

Ved Parkash has ticked most of the boxes on the bad-landlord bingo card. He took the top spot on the public advocate’s worst landlord list in 2015 by racking up 2,200 open housing violations. In 2016 he was sued by 38 tenants for allowing violations to run rampant at 750 Grand Concourse. The next year, several tenants in the rodent-infested building came down with rat-borne diseases, and one died. In 2017, there was Section 8

The post Former “worst landlord” sued for wage theft on his birthday appeared first on The Real Deal New York.

Three landlords slapped with six-figure fines for carving up buildings

Three landlords trying to pack people into residences like sardines were hit with big fines by New York City’s Department of Buildings, the agency announced Wednesday. The fines, each exceeding $100,000, were part of nearly $2 million in penalties handed down for illegal building and construction in February. Controversial landlord Ved Parkash was fined $105,000 for illegally creating three new housing units and for “adding single-room occupancies in various apartments.” SRO units typically lack a

The post Three landlords slapped with six-figure fines for carving up buildings appeared first on The Real Deal New York.

Crown Heights renters protest New York’s “worst landlord”

More than a dozen residents of a four-story building in Crown Heights are protesting New York’s so-called worst landlord by going on a rent strike, Curbed reported. Jason Korn, who owns the building at 1616 President Street, was named the city’s worst individual landlord in 2019 by Public Advocate Jumanne Williams, whose office maintains a watchlist of property owners with numerous violations at their properties. The building, which is managed by Lilmor Management, has more

The post Crown Heights renters protest New York’s “worst landlord” appeared first on The Real Deal New York.