Updated
Updated · Gothamist · May 6
New York City wins $31m judgment over Bronx building conditions
Updated
Updated · Gothamist · May 6

New York City wins $31m judgment over Bronx building conditions

9 articles · Updated · Gothamist · May 6
  • The record housing penalty targets owners Karan Singh and Rajmattie Persaud at Robert Fulton Terrace and Fordham Towers, where about 500 families faced more than 1,000 violations.
  • An independent restructuring officer and new property manager will oversee repairs, funded partly by more than $900,000 frozen from the landlords' bank accounts.
  • The buildings are already in foreclosure, with Fannie Mae moving to take control, while the city says liens from the judgment will shape any sale to a tenant-backed buyer.
This case targeted two 'worst landlords,' but how will this victory impact thousands of other tenants facing similar neglect citywide?
After a record $31M penalty, what is the city's plan to save these affordable housing towers from future speculators?
Two buildings were saved, but a state report reveals a citywide crisis. Can officials fix the broken affordable housing program itself?