Tenant Alleges Rent-Setting Software Fueled Price Coordination in Philly
A Philadelphia tenant has filed a lawsuit against Willow Bridge Property Company and RealPage, accusing their use of RealPage’s rent-setting software of violating the city’s new antitrust law that bans price coordination in rents; the suit targets Vue 32 in University City and Rittenhouse Row in Center City (244 apartments) and seeks damages up to triple the actual amount or $2,000 per violation, marking what’s believed to be the first case under the Feb 2025 law. The case follows a DOJ settlement with RealPage over its pricing algorithm, and representatives for the defendants did not comment.