AG nails landlord for breaking rent law, promises more to come – Robert Khodadadian

Ink Property Group and three of its principals will pay up to $1.75 million to settle claims by state Attorney General Letitia James that they duped rent-stabilized tenants out of leases, illegally deregulated units and falsified financial documents to secure bank loans. But for now, Ink is on the hook for only a fraction of that. The firm has shelled out $300,000 to a state affordable housing fund and promised $400,000 to the tenants who

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Politics, attorney general, Letitia James, NYC Landlords, Rent Regulations, Rent stabilization, worst landlords The Real Deal New York Read More