Raphael Toledano

Landlord Raphael Toledano Settles Harassment Lawsuit for $3M and Other Penalties

Posted June 21, 2019 at 5:07 am

Controversial landlord Raphael Toledano, long a perpetrator of harassment in his residential properties, must now pay the piper. Attorney General Letitia James yesterday announced a settlement with Toledano for $3 million in damages and penalties. An independent monitor will also oversee his real estate holdings to ensure fraud and harassment has ceased. Nor is he […]

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Toledano Tenants Hold Banks Accountable for ‘Predatory Lending’ to Bad Landlords

Last modified March 16, 2018 at 11:56 pm

Predatory Equity: the harmful practice of investing equity to buy rental apartment buildings at inflated prices. Predatory equity investors calculate that they can replace poor and working people with new tenants willing to pay much higher rents—thus bringing higher profits in a hurry. Utilizing predatory equity is one of the main tools in the slumlord […]

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In Which Raphael Toledano Rewards Harassed Tenants with Ice Cream

Last modified August 29, 2017 at 12:54 pm

Why worry about living eleven weeks without gas when you can have an ice cream social! How great. Raphael Toledano – one of the larger landowners in the East Village – threw an ice cream social yesterday afternoon and was not welcomed with enthusiasm by neighbors. From the mailbag: Brookhill Properties, real estate development firm […]

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