Freestone Property Management, nothing good to say about private equity firms
Former Tenant
Pros:
Good neighborhood, that’s about it
Cons:
The building management are terrible. Freestone property management is a private equity firm that bought a bunch of properties during the pandemic. They don’t care about tenants. They have a third party call center that tenants have to engage before even talking to a property manager. 3 different supers in just 10 month period. They will increase your rent exponentially once lease is up. Constant issues with heat/hot water. Poor communication with tenants. Lots of cockroaches and water bugs.
Advice to owner:
Sell the building
Building Ratings
Cleanliness
Garbage Management
Heat
Neighbors
Noise Levels
Owner Responsiveness
Pest Control
Water Pressure
Rents and Deposits
-- of renters received their security deposits back
It dummy text been reported if this building dummy electronic rent payments.
Open Violations
Only open violations from the last 10 years.
Data last updated 7 days ago.
The average number of violations per unit at 904 President Street is better than the city.
BUILDING AVERAGE:
0.7 violations per unit
NEW YORK CITY AVERAGE:
0.81 violation per unit
Non-hazardous
0
class A
i.e. no peephole on a door, or no street # on the building, unlawful keeping of animals
MOST RECENT:
No violation found...
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Hazardous
5
class B
i.e. smoke detector issues, inadequate lighting, no lighting for stairways
MOST RECENT:
Dec 02, 2025: § 27-2005 adm code properly secure the loose 2nd wooden tread from bottom at public hall stairs, 1st story
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Immediately hazardous
2
class C
i.e. rodents, pest, mold, inadequate heat or hot water, defective building parts
MOST RECENT:
Dec 02, 2025: § 27-2033 adm code provide ready access to buildings heating system locked door at basement
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Missing information/filings
0
class I
Missing or non-compliant with administrative information orders or filings
MOST RECENT:
No violation found...
Show all
Property Owners and Associates
J
Jakob Worley
1.9(1)
Agent•
1 Property•10 Units
Litigation History: No
Evictions: 0
F
Freestone Property Group LLC
3.2(245)
Corporate Owner•
304 Properties•1461 Units
Litigation History: Yes
Evictions: 32
P
904 President St LLC
1.9(1)
Corporate Owner•
1 Property•10 Units
Litigation History: No
Evictions: 0
P
Prashanth Rayapudi
1.8(4)
Head Officer•
3 Properties•50 Units
Litigation History: Yes
Evictions: 0
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