Friday, September 09, 2011

Jay Z Accused of Strong Arm Tactics


Jay Z is accused of bullying renters in an apartment building he owns in an effort to force them out...

From Fox News
The 24-unit condominium complex was purchased by SCC North American Realty, LLC, in January of 2009. According to the Philadelphia Inquirer, SCC North American Realty, LLC, is partially owned by Shawn Carter, otherwise known as Jay-Z.

"The whole thing has been so unsettling,” former tenant Liza Tedeschi tells FoxNews.com exclusively. “I’ve been in tears over this.”

Tedeschi claims Jay-Z's legal team has been trying to evict tenants at his four-year-old building.

“They filed a lawsuit against me knowing that I had paid the rent. The lawyer admitted it to me, yet they still filed the lawsuit against me,” says Tedeschi.

“It’s total and utter harassment. They’re filing frivolous lawsuits. They gave my personal cell phone number out to what seems like every realtor in town to show my apartment. I’ve gotten phone calls at 9 p.m. on a Friday night. They’re on a coordinated crusade of harassment–everyone who’s left in the building is being sued."

Tenant Lani Moreno agrees.

"They had process servers banging on my door, ringing my doorbell nonstop,” Moreno tells FoxNews.com exclusively. “The banging was very violent. This was happening on a daily basis for at least a week. They were yelling my name, and the names of my neighbors. I was very scared because I live alone, and it was very, very scary for me.”

FoxNews.com was shown the real estate company's lawsuit filed against one of the tenants for unpaid rent, along with emails from the resident to the attorney stating she had paid the rent. According to the resident, her personal rent checks had simply never been cashed.

Typical rents for the 2,000 sq. ft. condo units at 603 North American Street are about $2,200 a month. A similar unit is currently listed for sale on a real estate site for $488,000.

Jay-Z’s company seems determined to evict all of the building’s renters, says Moreno. “I spoke with someone named Lillian at Starkman-Palumbo, the current property management company,” Moreno explains. “She told me, ‘You need to understand something–they want everyone out of the building.’”

So far, it seems that the strong-arm tactics are working. At least 15 tenants have moved out since May. "From what I can tell, only two other units besides mine are still occupied,” says Moreno. “The rest of the units in building appear to be empty."

Adam Atacan, a realtor with Keller-Williams in Philadelphia, who is not involved with the property at 603 North American Avenue, tells FoxNews.com that at least seven of the vacant units are currently listed as for sale.

A letter dated July 1, 2011 obtained by FOX411 from Lighthaus Condominiums, listed at the same 603 North American Street address, stated everyone in the building was to be out by July 31. Atcan believes money may be the motive behind the alleged harassment.

“If the owner of a building is trying to evict renters, the first thing that comes to mind is that they want to sell those units,” Atacan tells FoxNews.com. “It’s an investment decision. It sounds like the owner wants to liquidate the property–he wants to cash out.”