Croman Realty

- 740 Broadway 2 floor, New York, NY 10003

Croman Realty is a real estate agency that has been a part of the New York City property landscape for a number of years. Operating as a real estate agency, the company has historically been involved in the management and rental of various buildings throughout the city, with a notable presence in the East Village. The firm's business practices, as described in public records and news reports, have been the subject of significant legal and public scrutiny, with multiple lawsuits, settlements, and criminal charges related to tenant harassment, fraud, and unlawful business practices.

The company, along with its owner, has faced accusations of engaging in a calculated business model to force out rent-regulated tenants through a variety of methods. These have allegedly included:

• Using intimidating private investigators to pressure tenants into accepting buyouts.

• Engaging in "construction as harassment," where noisy and unsafe renovation work is performed in vacant apartments to make life miserable for remaining tenants.

• Filing frivolous lawsuits against tenants to intimidate and wear them out emotionally and financially.

These practices have resulted in legal action from the New York State Attorney General's office, leading to a significant settlement and a period of independent management for the company's properties.

Croman Realty's office is located at 740 Broadway, 2nd Floor, New York, NY 10003. This address is situated in a prime area of Manhattan, in the NoHo neighborhood, a location known for its central access and vibrant atmosphere. The building is positioned in a highly accessible part of the city, with numerous subway lines, including the 6, N, R, W, and L trains, within a short walking distance. This makes the office easily reachable from different parts of Manhattan and other boroughs.

Despite its central location, the company's business practices and reputation have been widely documented, with a variety of negative reviews and public information available online. The experiences shared by former and current tenants often highlight issues related to apartment maintenance, unresponsiveness from staff, and alleged deceptive practices. For example, some reviewers have expressed frustration with the lack of a superintendent on premises and the alleged neglect of building maintenance.

Based on publicly available information and legal records, Croman Realty's services are centered around its role as a landlord and real estate agency for the properties it owns.

• Property Management: As a property management company, Croman Realty manages a portfolio of buildings, primarily in Manhattan's East Village and other areas. The company's management practices have been the subject of numerous complaints from tenants regarding maintenance issues and communication with staff.

• Real Estate Agency: The firm operates as a real estate agency to facilitate the rental and leasing of apartments within its buildings. Reviews from individuals who have attempted to rent from the company describe difficult experiences with communication, last-minute cancellations of showings, and disinterest from staff.

• Apartment Rentals: The company offers apartment rentals in the buildings it owns. However, information from legal proceedings indicates a pattern of targeting rent-regulated units for deregulation, often following the departure of tenants, which has led to scrutiny and legal action.

Based on public data, some of the features and highlights associated with Croman Realty and its properties have been widely discussed in the media and legal records.

• Legal Issues: The company and its principal have been involved in numerous legal battles with tenants and government agencies. This includes a civil lawsuit from the New York State Attorney General for tenant harassment and a criminal conviction for mortgage and tax fraud.

• Negative Public Perception: The company has a negative reputation among tenants and the public, often being cited as one of New York's "worst landlords" by various organizations and news outlets.

• Property Locations: The company's portfolio is concentrated in desirable neighborhoods of Manhattan, such as the East Village, offering apartments in prime locations.

• Lack of Maintenance: Multiple tenant complaints and reviews have cited issues with a lack of building and unit maintenance, including non-functional security cameras and a lack of on-site superintendents.

For more information, please be advised that the company's publicly listed contact information is as follows.

Address: 740 Broadway 2 floor, New York, NY 10003, USA

Phone: (212) 228-9300

Mobile Phone: +1 212-228-9300

When considering Croman Realty, it's important to be aware of the widely reported business practices and legal history of the company. The public information available paints a clear picture of a firm with a controversial reputation in the New York City real estate market. The numerous negative reviews, lawsuits, and criminal convictions related to tenant harassment and fraud are a significant part of the company's history. These issues, including allegations of a "calculated business model" to evict tenants and a lack of maintenance, are a key factor for anyone considering doing business with them.

The information in the provided reviews, such as comments about a lack of maintenance and alleged fraud, is consistent with a pattern of behavior that has been documented in public records and news reports. Prospective tenants or business partners should carefully research the company's background before engaging in any transactions. While the company's properties may be located in desirable parts of the city, the widely reported experiences of former and current tenants, as well as the company's legal history, are a crucial consideration. The firm's business practices, as described in public records and reviews, are a significant factor for anyone looking for a positive and professional real estate experience in New York City.

Croman Realty

740 Broadway 2 floor, New York, NY 10003, USA