Last June, Bronx city Councilmember Ritchie Torres introduced a bill that would create a watch list for so - called predatory equity landlords, partially defining the practice as taking on more debt than the building's income can initially support. (therealdeal.com)
Also at 11 a.m., Sens. Liz Krueger and Brad Hoylman and NYC Councilman Dan Garodnick release the names of predatory equity companies, landlord and management companies, City Hall steps, Manhattan. (nystateofpolitics.com)
He said that Moya is a leading advocate on immigration and workplace protection and that Powers cares about affordable housing and protecting against predatory equity. (observer.com)