U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-05-2015, 02:48 PM
 
18,258 posts, read 11,653,926 times
Reputation: 11865

Advertisements

This you got to read to believe: David Rozenholc, the most feared tenant lawyer in the city, just won $25 million for a client | Crain's New York Business&=
Reply With Quote Quick reply to this message

 
Old 10-05-2015, 03:01 PM
 
3,447 posts, read 3,515,337 times
Reputation: 3079
So sad to think how many actual residents could be assisted with housing costs from 25 million dollars.

I think the Ellis Act in San Francisco would have required them to pay out like 25... thousand dollars.


Hopefully one day someone with political clout will have enough sense to overturn such a downright stupid law that protects pigs like these.
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 03:05 PM
 
Location: West Harlem
6,886 posts, read 7,825,057 times
Reputation: 3000
Quote:
Originally Posted by WithDisp View Post
So sad to think how many actual residents could be assisted with housing costs from 25 million dollars.

I think the Ellis Act in San Francisco would have required them to pay out like 25... thousand dollars.


Hopefully one day someone with political clout will have enough sense to overturn such a downright stupid law that protects pigs like these.
And what of developers - who are, I assure you, far more definitively "pigs" in specifically the sense you mean ?
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 03:10 PM
 
Location: Eric Forman's basement
1,689 posts, read 1,660,619 times
Reputation: 869
I'm putting his phone number on speed-dial right now.
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 03:34 PM
 
18,258 posts, read 11,653,926 times
Reputation: 11865
To put this in perspective Mark Zuckerberg paid around 25 million for a townhouse in Greenwich Village. Others have paid about the same for other such places in that area. Indeed there are plenty of condos, co-ops and even private homes selling for ten to 30 million.

These persons were paid 6.25 million apiece for something they do not even own!
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 03:45 PM
 
18,258 posts, read 11,653,926 times
Reputation: 11865
Quote:
Originally Posted by macnyc2003 View Post
I'm putting his phone number on speed-dial right now.
Might not be a bad thing: How To Turn Your Rent-Stabilized Apartment Into $17 Million: Gothamist


Lawyerly Lairs: A Landlord/Tenant Lawyer’s $30 Million Mansion | Above the Law


NYC



30-something mistress fights 85-year-old widow for multi-million dollar estate - NY Daily News

And so it goes...
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 03:49 PM
 
Location: West Harlem
6,886 posts, read 7,825,057 times
Reputation: 3000
Quote:
Originally Posted by macnyc2003 View Post
I'm putting his phone number on speed-dial right now.
I recommend this.

He isn't the hardest person to deal with either in my opinion.
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 04:02 PM
 
3,447 posts, read 3,515,337 times
Reputation: 3079
Quote:
Originally Posted by Harlem resident View Post
And what of developers - who are, I assure you, far more definitively "pigs" in specifically the sense you mean ?
They'll develop and do whatever they want. I find it unlikely though that they'll rent the units out below market value with a guaranteed lease renewal.

They'd only do that if the government forced them to... and only for the betterment of specific tenants, and the detriment of anyone else.
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 04:12 PM
 
Location: Bronx
14,795 posts, read 17,404,166 times
Reputation: 7509
The developers will get their money back don't worry.
Reply With Quote Quick reply to this message
 
Old 10-05-2015, 06:19 PM
 
328 posts, read 230,346 times
Reputation: 553
Truly disgusting that these tenants received millions of dollars after probably benefiting from below-market rent for years. NYC's crazy rent regulations have essentially granted property rights to stabilized tenants. The system should be abolished.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top