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, […]
NYC owner of $1.1M house torched by squatters says they keep coming back and ‘have more rights’ than landlords
The frustrated owner of a Brooklyn home set on fire by squatters told the Post that he has repeatedly tried to do the right thing to repair the house, but the intruders “keep coming back.” Zafar Iqbal, a 53-year-old MTA employee who bought his Dyker Heights home in 2017 for $1.1 million, said he is […]
Landlords who housed Harry Winston, Versace sue NYC over inflated property taxes after big-name retailers moved out
Four major retail landlords are suing the city to reduce their property taxes, saying they are unfairly based on pre-pandemic rents. According to the lawsuit, The Real Deal reportedthe owners of a prime commercial condominium on Fifth Avenue and East 59th Street, say their property taxes are “grossly overstated” because they are based on 2022 […]
Hear from landlords how ‘damaging’ Biden’s latest eviction mandate is | FOX News Rundown
The Delta variant of COVID-19 is proving to be a difficult roadblock to returning to normalcy, as it spreads through unvaccinated … source
More NYC landlords tout ‘fun’ office amenities despite vacancy uptick
The fun train continues to zip through the city’s most expensive office buildings as landlords struggle to stem an alarming rise in vacancies, which are now more than 20% of the total. The newspaper reported last week that landlords have introduced an unprecedented number and variety of amenities exclusively for tenants. This is a strong […]
Denver shuts down shelters migrants landlords lease illegals
The first children were removed from school to accommodate illegal immigrants. Subsequently, some major airports were designated for receiving illegal immigrants. And now, shelters are being repurposed to house migrants pouring across the border, clearly putting tax-paying Americans ahead of those who came here breaking the law. This proves once again that there is no […]