Property Management News
When property management professionals hear the word “accessibility,” they often think about the physical features of a community. They picture accessible parking spaces, curb cuts, ramps, elevators, wider doorways, grab bars, and other features that help people with disabilities navigate a property. While those physical elements are important, accessibility does not begin at the front entrance of an apartment community. For many prospective residents, it begins online. A property management website is often the first place someone goes to learn about a community, explore available homes, schedule a tour, or begin an application. Current residents may also rely on that website or a... Read more
Tenants at apartment complexes operated by Greystar, the largest owner and manager of apartments in the US, don’t just pay rent. They pay a mass of fees that many...
The rising threat of fraud in multifamily, where it is coming from, and a practical guide to protecting revenue, reputation, and resident experience. Fraud remains...
Settlement Discussions Taking Place with U.S. Department of Justice The lawsuit, Darby Development Company, Inc. v. United States, filed in the U.S. Court of Federal...
Evicting a resident is always a stressful operational hurdle, but when that resident has a disability, the professional stakes go through the roof. Property managers...
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...
Accessibility