Free renovations
Padlest restores your vacant rent stabilized unit at no cost to you, places a vetted family working toward stability into it, and manages the tenancy that follows.
Your vacant unit is costing you
Renovation costs that the legal rent cannot justify, so the unit sits dark and earns nothing while families who are working toward a stable home wait for one. Padlest changes that math. The unit reopens, a family moves in, and you pay nothing.
Zero cost renovation
- Padlest funds and manages the full restoration of the unit
- Complete, durable work. No shortcuts, no cut corners
- You approve the scope before anything starts
A unit that produces again
- Your dark unit becomes an occupied, rent producing apartment
- A vetted family working toward stability moves in, supported by us
- City and state rehabilitation incentives, where your building qualifies
Professional management
- Padlest is your single accountable counterparty and pays your rent
- We coordinate the programs, paperwork, and placement
- We support the tenancy for the long term
Sign up for free renovations
Tell us about your building. Signing up costs nothing and commits you to nothing, and we will get back to you personally.