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Business Miscellaneous in Business . 4 months ago
Urban Investment Partners is company that develops apartments in Washington D.C.. The company was founded in 1999 by Steve Schwat and Wout Couster. In 2019 and 2020, tenants of a building owned by Urban Investment Partners launched a rent strike to protest mold, lead, poor maintenance, and other problems with the building. The company initiated eviction proceedings against the non-paying tenants.
Perdomo National Wrecking Company sued the company in 2018 for $221,000, alleging that Urban did not make "timely and complete payments" for work performed. In January, 2020, Edge Commercial sued Urban Investment Partners for breach of contract. As of May, 2020, the company had not issued rent relief to tenants affected by the COVID-19 pandemic.
Posted on 29 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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