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Memphis tenant's union claiming victory over Memphis and Serenity Towers owners after company ouster

The Richman’s Property Management wing will become the Memphis Towers' new owner, running under the name “TRG Memphis Replacement GP LLC.”
Credit: ABC24

MEMPHIS, Tenn. — The Memphis Towers Tenants Union is claiming victory in ousting Millennia Companies after the company severed all relations with the apartment amid complaints of numerous severe issues, the group announced Wednesday, March 6.

The separation is coming after Ohio-based Millennia did not fix problems within an allotted 30-day cure period, getting issued a legal notice of default on its Memphis Towers PILOT (payments-in-lieu of ad valorem taxes) from Memphis’ Health, Education, and Housing Facilities (HEHF) in February, the union said. Policy states the PILOT will now be involuntarily terminated.

The tenant union were notified that the Richman’s Property Management wing will become the Memphis Towers new owner, running under the name “TRG Memphis Replacement GP LLC.” According to the union, Richman is hoping that Memphis Towers retain its PILOT.

RELATED: HUD suspending relationship with much-maligned operator of Memphis & Serenity Towers, instituting rare ban

On Wednesday, March 6, union leaders said they are meeting with HEHF at 12 p.m. to hold the board accountable for its February statements and demand public transparency regarding the PILOT status with the new ownership. The union does not know whether Richman has applied for a PILOT transfer.

RELATED: Memphis Towers residents want tax breaks revoked for management company

The union said they are looking for Memphis Towers’ new owner to meet their long-held demands, including the following: 

  • 24/7 front desk security chosen by residents

  • A locked front door with working keycards 

  • 24/7 EMS access to building 

  • Working elevators 

  • Building-wide pest control 

  • Completion of long-promised renovations 

  • Rent receipts 

  • Zero tolerance for surveillance and harassment from carceral management staff

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