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UpdatedTue, Dec 15, 2020 at 4:26 pm ET
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Real estate private equity firm Madison Realty Capital will have to pay more than $1 million to tenants in the Village for knowingly hiring a landlord notorious for harassment and unsafe construction. (Shutterstock)
VILLAGE, NY Real estate private equity firm Madison Realty Capital will have to pay more than $1 million to tenants in the Village for knowingly hiring a landlord notorious for harassment and unsafe construction.
Attorney General Letitia James announced Tuesday an agreement that secures over $1 million in rent credits for harassed tenants and provides housing placements for 10 homeless families. Today s agreement stands up for all the tenants harassed and pushed out of their homes by a fraudulent landlord and the lender that financed his unlawful operation, said Attorney General James in a news release. Madison Realty Capital aided one of our city s worst landlords in his unlawful scheme, but we re holding the company