Photo. . . . On Sunday, Mr. Wright, a state assemblyman, stood at the Riverton gates waving his rent receipt as he announced the filing of a $10 million lawsuit against the property’s managers.
The lawsuit, which was filed on Friday in State Supreme Court in Manhattan, claims that CWCapital Asset Management and an affiliate, Compass Rock Real Estate, have been systemically overcharging tenants as part of an effort to oust longtime residents and charge more for Riverton apartments. Click here for the rest of the NY Times article and click here for the Real Deal article.
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