% of buildings in portfolio in set of flagged streeteasy listings (Building Characteristics)
Buildings in portfolio with a loan underwritten by a bank known to work with predatory equity investors (Relationship to banks identified as bad actors)
% of buildings with construction complaints more than one standard deviation above city average (Construction as Harassment)
% of buildings with top 5 over-represented complaints in Kushner + Croman portfolios more than one standard deviation above city average (Construction as Harassment)
Evictions per unit in portfolio (Evictions)
% of buildings with at least one eviction (Evictions)
% of buildings in portfolio suspected of engaging in illegal deregulation through the misreporting of rent stabilized units (Illegal Deregulation)
If more units in the building are rent stabilized, more financial opportunity exists to be gained through the conversion of these units to market rate.
If the percent change is substantial, a landlord may have already seized upon the financial opportunity described above.
Buildings are advertised with language like "value add," "high upside," and "upside potential" as a signal to predatory equity investors.
Using a list provided by the Public Advocate for NYC of banks that loan the most to landlords on their "Worst Landlords Watchlist" of 2017, the presence of these banks on loan sheets may indicate a predatory equity investment.
A large portion of buildings with a high outlying amount of construction complaints may indicate the use of construction as a systematic tactic for tenant harassment.
A large portion of buildings with a high outlying amount of complaints over-represented in the Kushner + Croman portfolios (compared to the city-wide baseline) may indicate a similarity to known bad actors in terms of construction-related tactics for harassment.
A high amount of evictions per unit may indicate the use of evictions as a tactic for tenant harassment and unit deregulation.
A high amount of buildings with evictions may indicate the use of evictions as a systematic, portfolio-wide tactic for tenant harassment and unit deregulation.
A large portion of buildings suspected of under-reporting the number of rent stabilized units may indicate the use of misreporting to illegally deregulate rent stabilized units.