The city’s rapid growth has spurred outsized property values and increasing taxes, making it too expensive for some retailers. Building owners are responding.
The company’s jingle touted being around “since 1955,” but the home renovation company was actually part of a network of parents and subsidiaries, starting with Dallas’ Renovo Home Partners and ending with New York’s BlackRock.
The business allegedly sold deceptive insurance policies to about 1,700 residents, according to the state. One woman claimed she was stuck with almost $40,000 in medical bills.