• Report: #488975

Complaint Review: York Street Properties

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  • Submitted: Wed, September 02, 2009
  • Updated: Fri, October 09, 2009

  • Reported By: Best Carpet Dallas — Dallas Texas USA
York Street Properties
http://www.yorkstreetproperties.com Dallas, Texas United States of America

York Street Properties York Street Homes Lance Puig York Street Properties STEALS FROM INVESTORS, LENDERS, TENANTS and CONTRACTORS Dallas, Texas

*UPDATE Employee: York Street Official Response

*Consumer Comment: FACTS are FACTS - Thank You RipOffReport !!!

*REBUTTAL Owner of company: Notice of Arizona Lawsuit

*REBUTTAL Owner of company: Notice of Arizona Lawsuit

*Consumer Comment: BBB REVOKES YORK STREET PROPERTIES ACCREDITATION

* : What's REALLY Happening to York Street Properties

* : YORK STREET PROPERTIES - UPDATE - FEDERAL CHARGES FILED

* : READ ABOUT WHAT'S REALLY HAPPENING

* : More hollow remarks from Lance Puig

* : YSP Official Response

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I can only agree with those who have been scammed by this guy Lance Puig!! I decided back in 2007 that I would no longer continue to do business with this worthless individual & his (Phantom) Company of York Street Properties. I was on the phone trying to collect the money he owed me almost as often as I was at the properties he had my Company do work on. Let alone the sub-contracters I needed to pay out of pocket as well such as, Certified Electricians & Plumbers for the work I needed them to preform that is only allowed by the State of Texas. I spent countles days making efforts to get paid & getting the run around from then Construction coordinator (Jaime Reyne) whom was also just as much at fault for the deception that was being directed through him by Lance Puig. I was at times owed up to 10-15, 000 dollars at a time & getting the run around on when it was going to be paid. They would constantly change up the way they were going to go about paying me & other Contractors in order to buy them time to get you frustrated enough to just give up or move on. I actually went out to a property in Richardson & Removed the Double Door Entry that we installed & left it wide open in a rain storm for 8 days until I received the payment for doing the other work on the interior of that property. I asked Lance repeatedly for payment & Jaime & whom ever would answer the phone for weeks & sometimes months just to get paid & then without even paying me for what they owed, they would actually ask me to go do another job...haha I mean these people were rediculous in the way they conducted business. When I decided we would no longer do ANY business with this joker Lance Puig & York Street Properties he still owed my Co. over $11, 000.00 dollars & even If he decided to pay we were no going to touch anything that he wanted us to do. I have never recieved payment for what he owes me & my Co. nor do I ever believe I will but, I am glad that finally someone has got together a site for which we can perhaps ban together in efforts to go after this individual & put him out of business like he has done to so many others.

READ MORE ABOUT THIS FROM OTHERS THAT WERE SWINDLED (plus some amusing positive comments posted by Lance Puig):

(((Redacted)))

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 09/02/2009 12:21 PM and is a permanent record located here: http://www.ripoffreport.com/r/York-Street-Properties/Dallas-Texas-75201/York-Street-Properties-York-Street-Homes-Lance-Puig-York-Street-Properties-STEALS-FROM-INV-488975. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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REBUTTALS & REPLIES:
0Author 8Consumer 2Employee/Owner
Updates & Rebuttals

#1 UPDATE Employee

York Street Official Response

AUTHOR: York Street Official Response - (USA)





York Street Properties is committed to providing cash flow for investors and a unique buying opportunity for the credit-challenged. Our goal is to turn families into homeowners while providing the highest quality of service possible.
 
We always welcome anyone with an outstanding issue to call us, and have a 24-hour live answering service dedicated to that purpose. Over the past three weeks, a number of York Street clients have made contact with us regarding issues that we worked diligently (and successfully) to resolve as quickly as possible.   We encourage anyone with any concerns or issues to contact us directly.
 
Given York Streets commitment to collaborative and cooperative issue resolution, we believe the recent series of negative comments posted online at various sites is untruthful, intended to damage the reputation of York Street Properties, and is therefore libelous. After conducting extensive research into the claims made in the online posts, we believe the claims to be illegitimate, as evidenced by the following:
 

Tenants mentioned could not be identified or had no outstanding issues with York Street Properties.
Appraisers had no part in writing the self-incriminating posts alleged to be written by real appraisers.
Investors were surprised when made aware of the claims, dismissing the allegations as bizarre and suspect.  
Vendors associated with our company said they were contacted by anonymous troublemakers asking for information that could be used to harm York Street.
The condition of each property is being scrutinized more than ever in this tight lending environment.   Claims that remodel work was somehow sub-par would be impossible to get accepted through a banks strict underwriting.   No bank will lend thousands of dollars to investors unless the collateral is in good shape.  
 
We would like to publicly thank our many customers, investors, tenants, and vendors who have stood by York Street Properties while someone has stolen our proprietary customer data and is using it to attempt character assassination.
 
York Street Properties has retained legal counsel to represent its interests in these matters. We have begun the process of determining the identities of the authors of the libelous posts and those actors attempting to unlawfully disparage our company.   If necessary, York Street is committed to spending time and resources to utilize the full extent of the legal system to protect itself by, if necessary, bringing suit against the perpetrators.  
 
As always, we welcome potential clients to research York Street Properties before doing business with us.   In doing so, please be informed of the following:
 
<!--[if !supportLists]--> 1.       <!--[endif]-->Beware of unofficial, unaudited, unreliable websites that claim they are dedicated to providing an outlet for disgruntled customers. This news report will explain why such sites are misleading at best, untrustworthy at worst:
http://www.youtube.com/watch?v=MHAcf1fYknE
<!--[if !supportLists]--> 2.       <!--[endif]-->Understand that the Better Business Bureau is not a government regulatory organization, but rather a privately held company with little oversight and no due process to correct false or libelous reports.   More information can be found here:
http://articles.latimes.com/2009/jan/21/business/fi-lazarus21
http://www.bbbroundup.com/SideBySide.html
 
York Street Properties has posted testimonials from tenants, investors, tradesmen, and vendors that are available at http://www.yorkstreetproperties.com/ and that we encourage you to read in order to obtain a balanced view of our service.
 
During this process York Street Properties will strive to continue to bring value to its clients and customers by remaining committed to the highest standard of transparency and integrity.
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#2 Consumer Comment

FACTS are FACTS - Thank You RipOffReport !!!

AUTHOR: Dallas Investor - (USA)





A GREAT many people have been hurt by Lance Puig & Companies. 100's of thousands of dollars in unpaid debts to Service Providers; Millions of dollars of exposure and/or losses to investors; False representations to Tenants that York Street Properties owns houses and will sell them to tenants after paying rent timely for 6 months; 10's of thousands of dollars in unreimbursed expenses to Tenants for repairs and Breach of contract in numbers of ways, to mention a few.

Lance Puig and companies operate in an unconscionable manner that violates the principals of law and decency.

This is what websites like "Ripoffreport.com" are all about - helping people when people and companies such as Lance Puig & York Street Properties refuse to honor agreements.
THANK YOU RIPOFFREPORT !!!!!!! your forum to voice, discuss and seek resolutions to corporate ripoff artists is appreciated by thousands, if not millions of users and readers worldwide !!!!!!!

WAKE-UP LANCE PUIG: There are over 900 readers on [just 1 webpage] of complaints already. These complaints will not stop so long as you continue to have unpaid obligations, deal with people dishonorably and seek out more people and companies to do the same to. Take care of your obligations and treat people with fairness according to the law & principals of fairness and these complaints will go away. This is not the work of a single person - you have many skeletons in your closet that have remained silent until now.

York Street Properties has 1 official employee, its "CEO", Lance Puig. It's obvious he would rather continue his practices of deceit, cover-up and harm rather than taking the path of honesty and good faith.

Everything in the report filed on RipOffReport is true and the advice given is sound and honest - do your homework before doing business with Lance Puig and Companies! The facts are; Federal charges have already been filed by one Investor and more are on the way. State and County prosecuting attorneys are investigating and receiving information. BBB has revoked York Street Properties accreditation to prevent others from being duped. Local media is gathering information for an investigative report. Tenant organizations are advised that renting from York Street Properties is dangerous and rent-to-own promises are historically fraudulent.

AGAIN, Thank You RipoffReport !!!!!!!!!!!

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#3 REBUTTAL Owner of company

Notice of Arizona Lawsuit

AUTHOR: Counsel for York Street Properties and Mr. Puig - (USA)

Our law firm represents York Street Properties, Inc. and Lance Puig (the Puig Parties).  The Puig Parties have recently filed a lawsuit against you and others for false and defamatory statements posted on this website.  The lawsuit was filed in the Superior Court of Arizona, in the County of Maricopa.  The case number is CV2009-030692. 


 


The Puig Parties have served a subpoena on Xcentric Ventures, LLC (Xcentric), the company that owns and operates this website, to reveal your identity.  The Puig Parties have also served a motion to request the Court compel Xcentric comply with the subpoena.  Arizona law requires that you be provided notice of the discovery request via the same medium that the false and defamatory statements were originally published.  By this post, I hereby give you notice of the Puig Parties pending discovery request.


 


You have a right to file and serve an anonymous response to the discovery request anonymously. If you intend to file and serve a response, please do so, or notify us of your intent to do so, on or before October 31, 2009.


 


Regards,


 


Joseph M. Nathan, Esq.


Lynn Tillotson Pinker & Cox, LLP


jnathan@lynnllp.com

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#4 REBUTTAL Owner of company

Notice of Arizona Lawsuit

AUTHOR: Counsel for York Street Properties and Mr. Puig - (USA)

Our law firm represents York Street Properties, Inc. and Lance Puig (the Puig Parties).  The Puig Parties have recently filed a lawsuit against you and others for false and defamatory statements posted on this website.  The lawsuit was filed in the Superior Court of Arizona, in the County of Maricopa.  The case number is CV2009-030692. 

 

The Puig Parties have served a subpoena on Xcentric Ventures, LLC (Xcentric), the company that owns and operates this website, to reveal your identity.  The Puig Parties have also served a motion to request the Court compel Xcentric comply with the subpoena.  Arizona law requires that you be provided notice of the discovery request via the same medium that the false and defamatory statements were originally published.  By this post, I hereby give you notice of the Puig Parties pending discovery request.

 

You have a right to file and serve an anonymous response to the discovery request anonymously. If you intend to file and serve a response, please do so, or notify us of your intent to do so, on or before October 31, 2009.

 

Regards,

 

Joseph M. Nathan, Esq.

Lynn Tillotson Pinker & Cox, LLP

jnathan@lynnllp.com

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#5 Consumer Comment

BBB REVOKES YORK STREET PROPERTIES ACCREDITATION

AUTHOR: Dallas Investor - (USA)

BBB has determined, after extensive investigation, that York Street Properties is a "rotten egg" that doesn't deserve your business.

York Street Properties has refused, to date, to remove the BBB seal from their website. Apparently, they are still looking for unsuspecting victims who don't prepare themselves with adequate research.

http://www.bbb.org/dallas/business-reviews/real-estate-investors/york-street-properties-in-dallas-tx-90006702#ratingdetails
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#6

What's REALLY Happening to York Street Properties

AUTHOR: Dallas Investor - (USA)

The Ponzie Scam is falling apart. Investors are getting wise and new money is not available for Lance Puig and York Street Properties to swindle.

Federal Charges Filed in District Court
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#7

YORK STREET PROPERTIES - UPDATE - FEDERAL CHARGES FILED

AUTHOR: Dallas Investor - (USA)

Charges have been filed in Federal District Court against Lance Puig and a number of his operating companies.

Breach of Contract has now been added to the long list of civil and criminal charges being investigated and filed.

FOR MORE (6 pages), SEE:  (((Redacted)))

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#8

READ ABOUT WHAT'S REALLY HAPPENING

AUTHOR: Dallas Investor - (USA)

York Street Properties is a criminal organization. BBB has revoked their accreditation as a Reliable Online Business due to numerous complains deemed credible.

The "YSP Official Response" is simply text used to confuse readers and a weak strategy for covering-up their misdeeds.

READ THIS FOR 6 PAGES OF COMMENTS CONCERNING LANCE PUIG (CEO AND SOLE OFFICIAL EMPLOYEE) OF YORK STREET PROPERTIES, YORK STREET HOMES, YORK STREET FINANCIAL, WE BUY HOMES USA AND NUMEROUS OTHER OPERATING SHELLS:
(((ROR REDACTED)))


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#9

More hollow remarks from Lance Puig

AUTHOR: Dallas Investor - (USA)

Since there's only one official employee of York Street Properties, Lance
Puig, I'll assume the little blog by "York Street Official Response" came from him. Here's my thoughts on the subject and the facts:

1)
When I and my fellow contractors are paid the approximately $600,000.00 owed to us (spanning as much as 2 years or more), then you can make the such claims. As for communications and names; you've been communicated with so many times without response it's frightening. As for names, look at the hundreds of invoices and statements we've sent you over time instead of putting the in the garbage. Have a look at your accounts payable records, if you bother to records your debts propertly.

2) Why did so many of the Investors loose their house to repossession? Why did you not pay the mortgages even after the Tenants paid you the rent? You want to communicate with the Investors? Why don't you return their calls, tell them the truth and get their money and credit ratings back?

3) Why have tenants lived in sub-standard, un-repaired conditions? Worse yet, why have tenants been evicted from their homes because you haven't paid the mortgages? Why haven't you been truthful with the tenants from the very beginning of their contract, when you said they could buy the house on a rent-to-own basis - that's purely untrue and fraudulent, in fact.

You've probably always hoped that all the parties you have been cheating and lying to would never get together. Well guess what - WE HAVE !

Sir, these acts have been going on since 2006 and earlier. This is not something
you can blame on the economy - you only have yourself, your dishonesty and your lack of respect for other people to blame.

The BBB has at least 8 serious complaints against your firm and your status with them has been revoked.

The Attorney General is now getting named complaints.

Banking Regulators and Lenders are also investigating with named complaints.

Local and national media is being briefed on the investigation by named sources.

Thank Heavens to the person who started this blog and the person who started
the YSP VICTIMS GROUP - we applaud you for your efforts and persistence. However, this group is now about ALL the injured members, not a single "provocateur" as you suggest. You and your company may be permanently defamed and besmirched - IF SO, YOU HAVE NOBODY TO BLAME BUT YOURSELF.

We either want financial restitution or you in jail where you can't hurt more hard working Americans!
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#10

YSP Official Response

AUTHOR: YSP Official Response - (USA)

York Street Properties vehemently disagrees with the assertions in these malicious, anonymous comments concerning our business conduct. While we do not wish to speculate as to someone elses motives, maybe the postings are motivated by the current multi-trillion dollar crisis in the domestic financial/real estate market. If thats true, their focus might be more appropriately directed elsewhere. York Street Properties, like nearly every person and business, suffered in 2008 and the early part of 2009. However, since late spring of this year the real estate market has started to improve and, to that end, our dedicated staff is redoubling its efforts to maximize opportunities for our customers during this improving real estate market. YSP has delivered for many satisfied customers over the past years and much of our business has come (and continues to come) from customer referrals.

YSP does not recognize the comments posted on this unaudited website (or on other non-accredited consumer advocacy) as legitimate and truthful, backed by fact. Only the Better Business Bureau refuses anonymous complaints; therefore, only the BBB is a reliable source of consumer information. Posting anonymously is not an effective, nor fair, way to deal with complaints. Moreover, it is not a normal means to address problems. Contrary to the outrageous claims made by these anonymous snipers, YSP values each of its customers and, when necessary, always welcomes the opportunity to work towards a mutually acceptable outcome. Although rare, when solutions have not been readily achievable, YSP has often refunded money. For years YSP conducted business without such attacks and now, all of a sudden, these anonymous hecklers post online (instead of seeking legitimate means of redress). Worse still, the defamatory material posted here has been copied and re-posted verbatim to other sites. YSP is currently investigating its options to resolve this issue and defend its unfairly besmirched name and urges any potential, existing or former customer (including those who have posted this material) to contact us directly.

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