DOB fines Elliman, Halstead agents for listing illegal units

TRD New York /
Apr.April 30, 2013 01:30 PM

The Department of Buildings is cracking down on illegal apartments by issuing fines to the agents and brokers who list them, the New York Times reported.

The fines start at $3,600 and can climb to five times that amount. Ten agents, including ones at Douglas Elliman and Halstead Property, have already been fined for listing apartments, the newspaper said. Elliman and Halstead declined to comment to the Times.

DOB officials warned that they might go after brokers who supervise the agents as well.

From January through March, inspectors posed as prospective renters, first through sites such as Craigslist and then on visits to 50 apartments deemed suspicious, the New York Times said. The investigation was called “Operation: Danger Included.”

The listings that landed the agents in hot water were in neighborhoods across the city, including Brooklyn’s Park Slope and Hamilton Heights in Upper Manhattan; all, though, were in the basement and most did not have the two exits required by the DOB. [NYT] – Mark Maurer


Related Articles

arrow_forward_ios
John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman is coming to Texas
Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax
(iStock)

Brooklyn and Queens Q2 sales fall at highest rate in decade

Brooklyn and Queens Q2 sales fall at highest rate in decade
Douglas Elliman’s New York City CEO Steven James and Zillow Group NYC general manager Matt Daimler (Courtesy Elliman via Youtube; Zillow)

Elliman gives in to StreetEasy’s manual listings

Elliman gives in to StreetEasy’s manual listings
Douglas Elliman chairman Howard Lorber and Zillow CEO Rich Barton (Getty)

StreetEasy settles Elliman dispute with a major concession

StreetEasy settles Elliman dispute with a major concession
One Thousand Museum and Porsche Designer Tower (Porsche)

Douglas Elliman agent allegedly created scheme to pocket commission advances: lawsuit

Douglas Elliman agent allegedly created scheme to pocket commission advances: lawsuit
Howard Lorber buys waterfront Sunset Islands home for $12M

Howard Lorber buys waterfront Sunset Islands home for $12M

Howard Lorber buys waterfront Sunset Islands home for $12M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...