# Owner of collapsed Brooklyn building is a notorious slumlord, tax deadbeat who owes $450K debt

- URL: https://talkfuse.com/story/owner-of-collapsed-brooklyn-building-is-a-notorious-slumlord-tax-deadbeat-who-owes-450k-debt/
- Published: 2026-11-14T15:12:47+00:00
- Updated: 2026-11-14T16:34:35+00:00
- Original publisher: New York Post (publisher lean: Right)
- Original article: https://nypost.com/2026/11/14/us-news/owner-of-brooklyn-building-that-collapsed-is-a-notorious-slumlord-and-tax-deadbeat-who-owes-450k-debt/
- Topics: World

## Key points

- Brooklyn landlord Olufemi Falade owes more than $450,000.
- The collapsed building had 98 open housing violations.
- The city is investigating the role of the adjacent excavation.

## Summary

The owner of a Brooklyn building that collapsed onto a neighbouring construction site, killing eight people, owes more than $450,000 in fines, taxes and water bills, according to city records cited in the article. Olufemi Falade has appeared on New York City’s Worst Landlords Watchlist six times, and the building had 98 open housing violations before it collapsed.

The reported debts include $170,000 in building fines, nearly $115,000 in water bills, about $114,000 in property taxes, and further personal tax debts to federal and state authorities. The city is still investigating the collapse; excavation plans for the adjacent site had been approved despite reportedly lacking structural support beside the building. Falade was previously jailed for 12 days and fined $50,000 over more than 1,800 violations at properties he owned.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.