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