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Management company to pay $2 million for 'deceptive’ D.C. rent hikes

  • 📰 washingtonpost
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Tenants of the 3003 Van Ness apartment complex said the Equity Residential Management misled them about rent costs and later subjected them to unjust rent increases.

Racine sued Equity Residential Management in 2017, alleging that the company for years had leased apartments in the rent-controlled complex that were originally advertised with an undisclosed discount.

Equity Management must now pay about $985,100 to the tenants who were harmed, on top of about $1 million to cover the costs of bringing the lawsuit. The company did not return a phone call Wednesday to its D.C. office seeking comment.

 

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