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Tenants press council over alleged disrepair, mold and lease practices at Alpha Capital-owned buildings
Summary
Two tenants told the City Council their Alpha Capital-managed properties are in disrepair, citing falling sidewalk pieces, uneven steps, mold behind walls and automated e-signed leases; they asked the city to enforce housing ordinances against the landlord.
During public comment, Michael Duffy and Nicholas Bailey described living conditions at buildings owned or managed by Alpha Capital Funds and called for stricter code enforcement. Duffy said he lives at 6 Redden Ave and described cracked sidewalks and unsafe stairs. "Pieces of the sidewalk on top of me were falling on my head," he said, and he alleged the property manager and landlord have not fixed longstanding defects.
Nicholas Bailey, who also identified himself as a tenant in the same building, described a broader pattern of investor-owners prioritizing profit over maintenance and said online listings and lease practices misrepresent living conditions. Both speakers urged the council to apply existing ordinances that hold landlords accountable. Councilors and staff did not announce any immediate enforcement action in response at that meeting; the record reflects public complaint and a request for follow-up.
