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A&E Landlord in the Crosshairs | Real Estate News
Mayor Zohran Mamdani has turned Douglas Eisenberg, head of A&E Real Estate, into the face of his war on “low-road landlords”—a new term replacing “slumlord” to target owners of rent-stabilized units. After a $2.1 million settlement and 4,000 violations across 14 buildings, Eisenberg’s company faces scrutiny despite its history of rehabbing distressed properties. The Housing Stability Act of 2019 made such work harder, especially after Eisenberg defaulted on a $506M loan and hit a two-year rent freeze—prompting even Google co-founder Sergey Brin to exit. While A&E claims it’s already fixed 96%…
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