r/Wilmington • u/kramerstein • 8h ago
I love NY Pizza has been sold ... And the new owners are notorious slumlords....
Todays Wilmington biz teports that downtown's I love NY pizza has been sold...
"MoMentum Companies, a Wilmington-based commercial real estate and business brokerage firm, announced the sale of I Love NY Pizza to Megan Jackson and Jeremy Bailey for an undisclosed sum."
The release said customers “should expect the things they love most about it to stay exactly the same” at the longtime Wilmington establishment at 28 N. Front St.
Unfortunately, the new owners are well known Wilmington "slumlords"
According to whqr, the couple have a history of exploitive, unsafe and unsanitary business practices and were brought in front of City council in 2022 for being slumlords..
"In a case of bipartisan agreement, every member of council expressed similar sentiments. Neil Anderson said, "you're basically a slumlord, and you're just getting what you can get, and doing nothing. And it's profitable for you. And you don't care about human beings, man."
Councilman Charlie Rivenbark compared the conditions to that created by a previous landlord who had come before council.
"I wish there was some way we could sentence him to have to live in one of his units," he said.
And...
Bailey and his partner, Megan Jackson, own at least 18 rental properties in New Hanover County between them. And Mayor Saffo wasn’t taking his excuses.
"You've got exposed wiring somebody can get electrocuted. You've got unsanitary bathrooms and kitchens. I mean, do you go in here at all? Or you just say, 'here, give me your money and just walk in the door?'" he asked Bailey.
Saffo added, "Because it looks it sounds to me, that's what you're doing. You're just taking the money. You don't even care what the heck's going on inside. Unfortunately, you give him property owners and property managers a bad name. This is horrifying, man.”
So I guess I won't be getting pizza there anymore!