80 John Street

A Russian investment analyst could face jail time for allegedly illegally renting out her swank Art Deco-style Financial District condo, according to court papers spotted by the New York Post. The accused, Sophie Grishanova, a Columbia University graduate working for Privet Capital, has only 20 days to pay a $3,500 contempt fine and possibly an additional $15,000 attorneys’ fee, subject to court approval, or face incarceration.  [more]

80 John Street

The board of a Financial District condominium has filed a $3 million suit against developer WSA Equities — the parent company of the Gansevoort Hotel Group — over alleged construction defects. It has also filed a separate suit against a financial analyst for allegedly renting out her unit to transient visitors in violation of the city’s multiple dwelling law. [more]