Fair 71°
Tag:

Community Investment Partners

News
NJ Landlord Waives 3 Months Rent During Pandemic NJ Landlord Waives 3 Months Rent During Pandemic
NJ Landlord Waives 3 Months Rent During Pandemic A Montclair landlord is waiving rent payments for three months to help ease his tenants' financial burdens during the coronavirus pandemic. David Placek originally waived rent for April and May and recently added June. Overall, his BDP Holdings LLC and Community Investment Partners is eating about $50,000 -- at an average of $1,200 to $1,500 a unit per month. The goal is to show tenants "some compassion and feelings for what they might be going through," Placek told ABC7. We didn't ask them what financial position they're in." The father of three "exemplifies the spirit we need to see ri…

SHARE

by Jerry DeMarco