Officials in Albany are looking into complaints that landlord Raphael Toledano tried to strong-arm tenants into leaving their rent-regulated apartments.
State investigators served subpoenas on Toledano’s Goldmark Property Management as part of a probe into allegations that he and his agents threatened tenants with police raids and eviction, and shut off essential services like gas.
Goldmark is involved in a lawsuit with the Urban Justice Center, which represents a group of tenants at Toledano’s 444 East 13th Street, the New York Daily News reported.
Toledano, a long-time broker who transitioned into property investing, bought the six-story, 10,000-square-foot building in January, according to property records. He paid $6.1 million.
Rent stabilized tenants at the building pay between $800 and $1,400 a month on units that could be worth up to $4,000 a month, according to the Daily News. [NYDN] – Ariel Stulberg