Zara Reality is a staple of Jamaica, Queens, owning 38 buildings with over 2,500 rent stabilized apartments. Zara is also a lightening rod for attention, but not for the right reasons. As Jamaica slowly changes from an affordable bastion into a neighborhood of an expanding vertical footprint, rising rents and property values are becoming an increasing concern. Making life miserable for tenants usually accompanies expanding rents, and is a main accusation in a lawsuit announced today by the New York State Attorney General and DHCR’s Tenant Protection Unit.
Read moreFee Mongering Zara Realty Sued by New York State For Tenant Harassment and Violating the Rent Stabilization Laws