Dishonor of the Day: New York City Ranks Its Worst Landlords

Here's one list you don't want to be on. New York City's Public Advocate has put out its latest list of the worst landlords in New York City. The winner, if you will, was a company called College Management, whose three buildings contain a whopping 724 violations, including Class C problems that represent "immediate danger."

According to NBC, residents living in College Management's buildings complain of constant rats, cockroaches, water-damaged ceilings and holes in the walls and floor. Not good stuff, especially considering average rents in the building run about $1,300 per month. One tenant reportedly even uses an umbrella when he uses the bathroom to stay dry from water dripping from the ceiling.