SBLS in the News

9 June 10	SBLS Attorney Criticizes Mega-Landlord in City Limits Article South Brooklyn Legal Services Director of Litigation Ed Josephson was interviewed for a recent City Limits article about a class-action lawsuit against the Pinnacle Group, a massive landlord that owns dozens of buildings across in New York. They’ve been accused of using various tactics, including increasing rents on rent-controlled apartments, to edge tenants out of apartments and then increase prices. “These hedge-fund backed landlords that acquired huge numbers of subprime apartments gambled on their ability to raise rents and evict low-income tenants,” Josephson told City Limits. “Either the gamble pays off and they displace tenants or they don’t succeed and their business model collapses.” Read the full story at City Limits magazine. (Housing) \| More SBLS in the news >

9 June 10

SBLS Attorney Criticizes Mega-Landlord in City Limits Article

South Brooklyn Legal Services Director of Litigation Ed Josephson was interviewed for a recent City Limits article about a class-action lawsuit against the Pinnacle Group, a massive landlord that owns dozens of buildings across in New York. They’ve been accused of using various tactics, including increasing rents on rent-controlled apartments, to edge tenants out of apartments and then increase prices.

“These hedge-fund backed landlords that acquired huge numbers of subprime apartments gambled on their ability to raise rents and evict low-income tenants,” Josephson told City Limits. “Either the gamble pays off and they displace tenants or they don’t succeed and their business model collapses.”

Read the full story at City Limits magazine.

(Housing) | More SBLS in the news >