Many other owners of rent-stabilized housing across New York City are stuck with onerous debt after they took out hefty loans to purchase buildings, lift apartments out of the rent-stabilization system and raise rents. New tenant protections laws made many of those tactics illegal in 2019, upending their business model.
That’s a friendly way to describe a set of practices that are predatory and toxic to both society at large and the neighborhoods these lowlifes operate in.
That’s a friendly way to describe a set of practices that are predatory and toxic to both society at large and the neighborhoods these lowlifes operate in.
Oh no, the scumbags that thought they could buy buildings and exploit the people living in them are now in debt. What shall we ever do? (Fuck 'em)