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LLCs

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On a city sidewalk about 40-50 people are gathered, facing left at something out of the frame. Many are holding small posters, some of which read "As we rise, Pinnacle will fall"; and "Pinnacle Tenants: We're rent stabilized & organized." The crowd includes people of all ages and skin tones, abled and disabled, and many are smiling.

Rats, Faulty Heating, and Mushrooms on the Ceiling: Inside the Fight Against Pinnacle

As more than 5,000 rent-stabilized units connected to the Pinnacle Group prepare to go up for auction in 2026, residents warn would-be buyers not to overlook the years of disrepair that made those units unlivable.

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A pair of "Groucho Marx" glasses resting on a raspberry-colored table.
From the Field

Land Owned by LLCs More Likely to Be Vacant

NYC’s land speculators use LLCs to evade legal responsibility while sitting on vacant property.

Housing

Can We Prevent Slumlords from Buying More Buildings?

Why should owners of buildings in illegally poor repair be able to buy more rentals? As Washington, D.C., found, it’s not the easiest thing to prevent.

Opinion

When Landlords Hide Behind LLCs

It’s difficult to know who owns a property because corporate landlords and investors tend to structure their business as limited liability companies, or LLCs.

Opinion

Unmasking the Property Owners

There’s a reason land ownership is a matter of public record—but at the moment the records we have aren’t actually doing the job.