Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, February 20, 2016
NYC Landlord/Developer Agrees To Make Expensive Retrofits In Nine Recently-Built Residential Complexes & Fork Over Up To $950K To Resolve Federal Lawsuit Alleging Its Buildings Had Accessibility Issues For People w/ Disabilities
In New York City, The New York Times reports:
Glenwood Management, a politically influential developer of luxury high-rise apartment buildings in Manhattan that figured in two recent public corruption trials, has agreed to settle a civil rights lawsuit that claimed three of its residential complexes violated the Fair Housing Act’s requirements for people with disabilities.
The settlement was detailed in a consent decree approved [] by Judge J. Paul Oetken of Federal District Court in Manhattan, who will retain jurisdiction to enforce the deal’s terms for three years, according to the document.
Glenwood agreed to make alterations at the three complexes in Manhattan, and to inspect six others and, if necessary, retrofit those as well, according to the deal the developer struck with the office of Preet Bharara, the United States attorney for the Southern District of New York.
Glenwood also agreed to pay up to $900,000 in compensation to people who suffered as a result of what the decree described as the firm’s “discriminatory housing practices.” The developer also is to pay a $50,000 civil penalty.
***
One of the buildings is Liberty Plaza, a 287-unit complex at 10 Liberty Street in the Financial District that Glenwood says was the first high-rise rental building constructed in Lower Manhattan after the Sept. 11, 2001, terror attacks. It was designed and constructed with many inaccessible features, Mr. Bharara’s office said, like a lack of space in bathrooms and kitchens for people in wheelchairs, and bathroom configurations that prevented the installation of “grab bars.”
In the consent decree, Glenwood agreed that “without admitting liability,” it would address the alleged housing act violations. In a written statement [], it said it would work to “enhance the accessibility” of the nine buildings cited in the agreement.
Mr. Bharara, whose civil rights unit handled the case, said on Friday that the Glenwood lawsuit was the 10th filed by his office to “ensure that the promise of the Fair Housing Act — that newly built residential buildings are accessible to people with disabilities — is being fulfilled in New York City.”
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
<< Home