As predatory landlord faces foreclosure, East Village tenants hope for relief, by Phyllis Eckhaus
How much should landlords get to profit off rent regulated tenants? And do long-suffering tenants get any say about it? These are the questions underlying the plight of hundreds of East Villagers, whose current landlord—the $23 billion private equity firm Madison Realty Capital (MRC)—faces foreclosure on its East Village portfolio of fifteen rent-regulated buildings. According […]










