Wednesday, September 17, 2014

Harlem Tenants Sue for Overcharges

. . . . 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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