Part of billionaire family’s property empire named on London’s rogue landlord list
A company within the £2.5bn Lazari family property empire, which owns London's former Fenwick store, was fined £67,000 and added to London’s rogue landlords list for failing to meet HMO licence conditions in Camden.
The Guardian reported this subsidiary of Lazari Investments was penalized over the state of three flats, with the fines issued on July 12. These sanctions were for not keeping homes safe and in good condition.
The flats are part of the widespread property portfolio managed by the Lazari children, who took over from their father, Christos Lazari, a fashion mogul turned real estate investor.
The company, which also plans to redevelop the prestigious New Bond Street site, now faces a public reputation challenge as it works to address the highlighted issues.