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Landlord Forced to Sell Problem Buildings | New York City News
New York’s infamous “worst landlord,” Ved Parkash, is being forced to sell three crumbling buildings after his lender, Community Stabilization Partners, threatened foreclosure. The move follows a fire that displaced hundreds in a Bronx apartment complex and stems from a broader effort to hold negligent landlords accountable. Parkash gets a two-year reprieve and a third-party monitor to oversee repairs across his properties, while the buildings are likely to go to nonprofit groups for rehab. Tenants like Renee Thompson Castro, who lived in temporary housing for over two years, are hopeful this…
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