Property Management News
After racking up almost 2,000 violations, two Bronx landlords have been ordered to pay tens of millions of dollars in penalties over the conditions of their buildings. Karan Singh and Rajmattie Persaud, the owners of Robert Fulton Terrace and Fordham Towers, have been slapped with a $31M judgment in a lawsuit brought by the New York City Department of Housing Preservation and Development, Mayor Zohran Mamdani and HPD Commissioner Dina Levy. As part of the judgment, over $900K will be frozen from Singh and Persaud’s bank accounts. A housing court judge ordered an independent chief restructuring officer to be appointed. They will use the funds to make critical repairs... Read more
The city of Los Angeles will begin tracking how large corporate buyers impact the housing market by studying ownership of rental properties. The Los Angeles Housing...
Up-front rental costs — from application fees to broker commissions — are adding thousands of dollars to move-in expenses, exacerbating affordability challenges...
Most multifamily marketers know the obvious fair housing violations. No one’s writing “singles only” in a listing description. But the violations that...
Discover the hidden costs of tenant turnover and learn strategies to reduce vacancies. Complete breakdown of expenses, time investments, and proven retention tactics for...
A New York appeals court struck down a state law banning discrimination against tenants who use Section 8 vouchers, ruling that the 2019 source-of-income protections violate landlords’ Fourth Amendment rights. The five-judge panel sided with Ithaca landlord Jason Fane, who argued that accepting Section 8 tenants would require allowing housing officials to inspect his properties without a warrant. The judges acknowledged Section 8 as a critical tool for expanding affordable housing and noted that source-of-income discrimination often serves as a proxy for other forms of bias, but ultimately concluded the law was unconstitutional on its face. Attorney General Letitia James, who sued Fane in... Read more
Are you looking to maximize your tax savings while investing in real estate? Understanding how depreciation affects the tax basis of an asset is a crucial piece of the...
Many of us use or work with rental housing in some way. Maybe you have been — or are currently — a renter. Or maybe you own a rental property, operate a property...
At the federal level, landlords must comply with several key laws that protect tenants. These mainly address housing discrimination under the Fair Housing Act and...
KEY TAKEAWAYS Multifamily fraud investigations at Fannie Mae dropped to 12 in 2025, down from 193 in 2024. The agency confirmed 87 fraud cases in 2024 but saw none in a...
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