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NYC Wins Record $31 Million Judgment Against Bronx Landlords

The judgment gives officials new leverage over repairs, foreclosure, the next owner.

Overview

  • City housing officials, in a Wednesday court action, secured the largest penalty in HPD history against owners Karan Singh and Rajmattie Persaud for conditions at Robert Fulton Terrace and Fordham Towers.
  • A judge installed an independent chief restructuring officer, a court‑appointed turnaround specialist who has hired a property manager to begin work using more than $900,000 frozen from the owners’ accounts.
  • To steer the buildings’ future, HPD will convert the $31 million into property liens as Fannie Mae moves ahead with foreclosure, and the city is pressing the lender to select a buyer committed to preserving the homes.
  • Tenants across roughly 500 units reported nearly 2,000 violations over years, including heat and hot‑water outages, broken elevators, infestations, leaks, failing appliances, and unsafe trash rooms.
  • Residents welcomed enforcement yet asked whether any money would reimburse out‑of‑pocket costs, a debate unfolding as the city prioritizes immediate repairs and longer‑term ownership that keeps the housing stable and affordable.