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
Los Angeles landlord Michael Renkow already had a sinking feeling when one of the new tenants at his Hollywood apartment building, “Igor,” was two hours late to pick...
When Aron Sotnikoff got a letter from an attorney seeking a payout for an apartment tenant who slipped and fell in standing water at one of his firm’s...
With expenses high and rent growth sluggish, apartment landlords are increasing add-on charges for renters as the Federal Trade Commission once again zeroes in on...
KEY TAKEAWAYS Rental fees are increasingly regulated to address high upfront housing costs. Caps on application fees and security deposits are now common in several...
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore – it applies directly to a large portion of California’s housing stock. If you own, operate, or manage apartment buildings or community associations with Exterior Elevated Elements (EEEs)—balconies, decks, stairways, walkways, or landings—especially those constructed with wood or wood-based structural components, you are now operating under mandatory inspection laws. That includes: Apartment owners subject to SB 721 Condominium associations and HOAs under SB 326 Property managers responsible for execution and compliance... Read more
A New York State Supreme Court Judge has ordered one of the city’s “Worst Landlords” to cough up more than $2.1M in fines and follow a strict timeline to make...
Most multifamily marketers know the obvious fair housing violations. No one’s writing “singles only” in a listing description. But the violations that...
Trends and data in the 2026 state of pet rentals report shows pet ownership and rental cooperation are rising but challenges exist. A new survey released by PetScreening...
Stop trading your time for single-family doors that barely net $200 a month. By the end of 2026, data suggests the wealth gap between residential landlords and...
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