Millions to wronged tenants
One of the city's worst slumlords will be forced to refund $9 million in rent to his former tenants - including tenants at seven properties in the San Fernando Valley, City Attorney Rocky Delgadillo announced Tuesday. Kerry Cavanaugh in the Daily News.
Landmark Equity Management Inc. frequently lied to tenants, refused to repair dangerous living conditions and illegally raised rents to force out rent-controlled residents and lease the apartments for more money, according to the criminal complaint filed in 2006.
Even after the city won an initial order in 2006 against Landmark, the company failed to make needed repairs.