A Philadelphia tenant is suing Willow Bridge Property Company for allegedly violating a new city law against price-fixing rental rates.
A Philadelphia tenant has filed a lawsuit against Willow Bridge Property Company for allegedly violating a city law that bars corporate property managers from price-fixing rental rates. The lawsuit, filed in the Court of Common Pleas, is the first of its kind since the antitrust law took effect in February 2025. The measure aims to prevent corporate landlords from using revenue management software, such as RealPage, to coordinate monthly rents and push prices higher than they would be in a competitive market. City Councilmember Nicolas O’Rourke introduced the bill in 2024 to provide a line of defense for human beings against corporations and technology. The complaint alleges that Willow Bridge Property Company broke the law by using RealPage software to set rents at its two market-rate buildings in Philadelphia. While RealPage CEO Dirk Wakeham called the settlement with the Department of Justice a milestone, the lawsuit allows renters to sue for three times the value of actual damages or $2,000 per violation.