US Justice Department accuses six major landlords of scheming to keep rents high
The U.S. Department of Justice has accused several people of trying to keep Americans' rents high by using algorithms to help set rents and privately sharing confidential information with competitors to increase profits. He is suing the landlord. The lawsuit was filed as renters in the United States continue to struggle in an unforgiving housing […]
Security cameras provide 24/7 home surveillance for extra peace of mind for homeowners, renters and landlords
This holiday season, consider giving the gift of home security to your loved ones. There are many different technological devices that you can buy to protect your home, but one of the most popular and widely used ones are security cameras. Security cameras can be installed in various areas inside and outside your home and […]
Major NYC landlords get surprise boost from growing media giant
The city's largest commercial landlord received a major boost from Bloomberg LP's sustained and growing stake in Midtown's Eastside. The media giant's 924,876-square-foot renovation and expansion at 919 Third Ave., which we first reported, was a welcome surprise for landlord SL Green. Bloomberg LP plans to lease approximately 1 million square feet at 919 Third […]
New York lawyer believes landlords should use caution with Good Cause Eviction Law
A law passed in New York in April 2024 makes it more difficult to evict problem tenants from rental properties. As a homeowner vetting potential tenants, it's important to keep local, state, and federal housing laws in mind to avoid legal trouble. Especially since new laws are enacted frequently across the country. Support tenants On […]
DOJ accuses tech firm RealPage of enabling landlords to collude on rents
The Department of Justice has sued real estate technology company RealPage for allowing landlords across the country to use its software to illegally raise rents for their tenants. The shocking lawsuit, filed jointly by eight states – California, Colorado, Connecticut, Minnesota, North Carolina, Oregon, Tennessee and Washington – alleges that RealPage helped landlords fix prices, […]
DOJ sues software firm, alleging pricing algorithm enables landlords to raise rents
The Department of Justice (DOJ) sued property management software company RealPage on Friday, alleging that the company’s pricing algorithms allow landlords to share sensitive pricing information and increase rents. The lawsuit, joined by attorneys general from North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, alleges that RealPage violated antitrust laws by restricting competition […]
Joe Biden’s Migrants Create $5.5 Billion in Taxpayer Spending for NYC Agencies, Landlords
New York City has distributed $5.5 billion in taxpayer funds to landlords, businesses and city agencies since 2023 to help undocumented immigrants settle into New Yorkers’ homes, jobs, schools and communities. Taxpayer spending is rising fast: “New York City taxpayers have spent $308 million on immigration since July 1,” the report said. New York Post […]
One of NYC’s ‘worst’ landlords sued over falling debris and scaffolding that’s been up for 14 years
City officials say the homeowner wouldn’t realize it was time to fix the building if parts of it literally fell out of the sky. The owner of a Hell’s Kitchen building that’s on New York City’s list of “worst” landlords was sued by the city this week after the owner allegedly allowed a crumbling facade […]
Biden proposes eliminating tax breaks for landlords who raise rent more than 5 percent
President Biden on Tuesday proposed eliminating tax breaks for landlords who raise renters’ rent by more than 5% annually as part of his administration’s larger effort to lower housing costs. The president called on Congress to pass a bill that would prohibit corporate landlords who increase rents by more than 5 percent per year from […]
OnlyFans model with three homes says it’s ‘understandable’ for landlords to raise rent
A young landlord who owns multiple properties has revealed why he thinks it’s completely “understandable” for landlords to increase rents. Grace, 26, built her wealth empire by creating content on OnlyFans. She owns her two apartments and her one house and is looking to buy her fourth apartment. She lives in an apartment in Melbourne, […]