The Real Deal New York

Yorkshire Tower residents claim they’re being pushed out

Building to be sold to Stellar management and the Chetrit Group

August 01, 2014 03:30PM

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Yorkshire Towers

Yorkshire Towers at 305-315 East 86th Street

Some residents at Yorkshire Towers are saying their landlord is forcing them out of the building with exorbitant rent increases ahead of a planned sale.

The property — a 707-unit apartment building at 305-315 East 86th Street — is in the process of being sold to Laurence Gluck’s Stellar Management and the Chetrit Group.

Residents claim that current owner Schneider & Schneider are forcing out the current tenants in anticipation of the sale. Some said their rent increases were more than 35 percent.

The 703,000-square-foot Yorkshire Towers is divided between rent-stabilized and market-rate apartments. [DNAinfo] – Claire Moses 

  • marknroses

    it was known for many years that this was a great building with low rents. with 2nd avenue subway wrapping up, it should make for excellent repositioning for a condominium conversion

  • AnoNYC

    Aren’t these the same pricks that opposed SAS entrances at this location?

    LOL.

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