Re: (TV) Landlord Update

["Dennis" <dend@nyc.rr.com>]

I worry about the East Village, it's changed so fast in the last 5 years, We
openned our restaurant there in 1994 and only have 3 years or so left on our
lease. Hope we don't get too reamed.


> I tried to stay in my East Village apartment but my landlord said
> legally he couldn't accept rent from me because he filed a lawsuit to
> evict me because I had allegedly allowed a bunch of homeless vagrants to
> take over my apartment while I was out of town. I said "That didn't
> happen!" He said "There's no way you can prove it didn't happen." I
> called a tenant organization and they told me that my landlord would
> probably bombard me with frivolous lawsuits until I surrender and move
> out. So I told my landlord I wouldn't accept less than $30,000 to move.
> He finally gave it to me in a certified check. Later, the building
> superintendent told me the landlord said I was the "toughest negotiator"
> he'd encountered. Most tenants in his forty buildings settle for $10,000
> to leave. Because of these landlord buy-outs there's a high tenant
> turnover and the rents and now nearly $2000 for a studio.
>
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