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Tag Archives: Apartment Rents
Stuyvesant Overcharged Rents
Quick follow-up to CalPERS losing another $500 Million, about the failing Stuyvesant Town apartment complex in Manhattan. Not only has the development failed, but they have been overcharging rent in breach of city contracts along the way. The New York … Continue reading
Falling Rents Squeeze Investors
Bay Area rents are declining…not surprising given the rise in unemployment and struggling economy. The trend is alarming if you are a landlord. Especially if you are like most small-time investors with a handful of properties that barely cash-flow. From … Continue reading