{"id":24288,"date":"2026-10-25T17:05:55","date_gmt":"2026-10-25T21:05:55","guid":{"rendered":"https:\/\/www.teanecktoday.com\/blog\/?p=24288"},"modified":"2026-10-25T17:14:23","modified_gmt":"2026-10-25T21:14:23","slug":"2026-election-investigation-eric-rhea","status":"publish","type":"post","link":"https:\/\/www.teanecktoday.com\/blog\/teaneck\/2026-election-investigation-eric-rhea\/","title":{"rendered":"2026 ELECTION INVESTIGATION: Eric Rhea"},"content":{"rendered":"\n<\/p>\n\n\n
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\nTeaneck Today | 2026 Election Investigation
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Eric Rhea Told Us He \u201cKnows How This All Works\u201d<\/span> Because His Immediate Family Has \u201cLarge Multi-Home Development Projects.\u201d<\/h2>\n

So we decided to look into those projects. And here\u2019s what turned up.<\/p>\n<\/td>\n<\/tr>\n

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1. What Eric Rhea Wrote to a Teaneck Voter This Week:<\/p>\n\n\n\n\n
\u201cWell somebody turned off the comments and probably for the best. If I had time to entertain this request the week of the elections where I have much bigger fish to fry than debating the obvious divergence from the plain and simple writing on the wall I might but it is not in the cards this week. Once time frees up after the election I may consider your request. And for the record my immediate family has large multi-home development projects in New York, Detroit, Los Angeles and Philadelphia so I know a bit about how this all works.<\/strong> If I knew how much Teaneck was up for sale to the highest real estate bidder I may have run for council instead of school board but I and my family tend to live by integrity and what is the greater good.<\/strong>\u201d
\n\u2014 Eric Rhea, Candidate for Teaneck Board of Education (Column A \/ \u201cTeam EFG\u201d)
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Who is behind these four-city projects?<\/strong> Eric Rhea owns an interior design, moving, and furniture assembly business called Furnish My Space<\/a>. Cross-referencing his Team EFG Campaign Bio<\/a> with SEC Proxy Filings<\/a>, State Street Board Disclosures<\/a>, and Centerview Partners Executive Records<\/a> confirms that the immediate family member connected to large housing projects in New York, Detroit, Los Angeles, and Philadelphia<\/strong> is his older brother, John B. Rhea<\/strong>\u2014former Chairman & CEO of the New York City Housing Authority (NYCHA), Founder of RHEAL Capital Management, LLC<\/strong>, and Board Director at corporate landlord Invitation Homes Inc.<\/strong><\/p>\n

Eric Rhea asked Teaneck voters to judge his \u201cintegrity\u201d and competence by his family\u2019s real estate track record across those four cities. Here is what the official sources actually show:<\/p>\n<\/td>\n<\/tr>\n

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$48M<\/div>\n
FTC Fraud Settlement (Invitation Homes)<\/div>\n<\/td>\n
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$1 Billion<\/div>\n
Unspent Federal Repair Funds (NYCHA)<\/div>\n<\/td>\n
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10 Years<\/div>\n
Philly Project Delay (+$5M Overrun)<\/div>\n<\/td>\n
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33,328<\/div>\n
Homes With Week-1 Repair Failures<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n

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2. The Four-City Record of Noncompliance, Delays & Penalties<\/h3>\n

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Los Angeles & National<\/span>
\n\u26a0 $48M FTC Fraud Penalty<\/span><\/p>\n

Invitation Homes Inc. (Board Director, 2015\u2013Present)<\/h4>\n