Penalty from Sunset Park slumlords will go toward affordable housing
SUNSET PARK — Attorney General Letitia James announced on Wednesday that she has secured a settlement of nearly $420,000 from two Brooklyn landlords who were operating an illegal single-room occupancy (SRO) rental business out of a condominium building in Sunset Park.
Ray Qi Wang Huang, Bao Qing Tang, and their company 758 Realty LLC (758 Realty) illegally rented condo units and single rooms to non-purchasers, often without leases and for less than 30 days, in violation of the New York State Multiple Dwelling Law.
Additionally, they repeatedly lied to the Office of the Attorney General (OAG) by submitting false offering plans and related filings in violation of the Martin Act.
“While New Yorkers were struggling to find safe, stable, and affordable housing where they could thrive, Ray Huang and Bao Tang were looking for new ways to cheat the system, only looking out for themselves and their own bottom line,” said Attorney General James. “I have always fought for tenants’ best interests, and I will not allow delinquent property owners to take advantage of their neighbors.”