search

The Real Deal Logo

Trending

Trump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
New York

Yorkshire Tower residents claim they’re being pushed out

Building to be sold to Stellar management and the Chetrit Group

Yorkshire Towers at 305-315 East 86th Street
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.

Sign Up for the undefined Newsletter

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 

Tags
Chetrit GroupStellar Management