Brooklyn landlord forced to return $300k to tenants – Robert Khodadadian

Small security deposits are adding up to big trouble for a Brooklyn landlord. New York Attorney General Letitia Jame on Thursday announced an agreement with SGW Properties to return nearly $300,000 of security deposits to tenants. James found the company, founded by Yeshaya Wasserman in 2008, didn’t comply with a 2019 change to the rental law that required a written, itemized list of reasons for a withheld security deposit. SGW will return the security deposits

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. Commercial Real Estate, Home Page, Letitia James, Rental Market, security deposits The Real Deal New York Read More

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