Lever House courtyard closes so RFR can assert ownership

TRD New York /
Oct.October 28, 2011 03:22 PM

alternate
text
From left: Lever House and its courtyard
Occupy Wall Street protesters are only about 3,500 days away from being able to claim Zuccotti Park as their own under “adverse possession.” According to the New York Times, for that reason, the popular Lever House office tower’s courtyard at 390 Park Avenue will be closed by owners RFR Realty this Sunday.

“Adverse possession” is an ancient concept that essentially allows someone who uses another person’s property for a long period of time to claim possession if the rightful owner never challenges it. The concept was more widely practiced with farm land. Today, the claim can only be made on property that goes unchallenged for at least 10 years.

As a result, since 1953 private spaces that welcome the public, including the Lever House courtyard, Rockefeller Plaza, Shubert Alley and College Walk at Columbia University, close for one day every year and have someone present sign an affidavit proving ownership closed the space — thereby asserting its ownership against adverse possession. RFR Realty is closing the Lever House courtyard from 8 a.m. to 4 p.m. Sunday.

To be sure, these spaces are technically slightly different from Zuccotti Park, which is a privately owned public space, as opposed to a purely private space that implicitly allows visitors. [NYT]


Related Articles

arrow_forward_ios
Brookfield's Rick Clark and RFR Realty's Aby Rosen with the Lever House at 390 Park Avenue (Credit: Getty Images and Google Maps)

Aby Rosen makes it two Lever House lawsuits in two weeks

Aby Rosen and Lever House at 390 Park Avenue (Credit: Getty Images and Google Maps)

Aby Rosen says Tod Waterman stabbed him in back on Lever House deal

Deerfield's James E. Flynn and 345 Park Avenue South (Credit: RFR Realty)

Deerfield to pay $345M for Aby Rosen’s
345 Park Avenue South

Ana Sorokin (Credit: Getty Images)

Con artist who sought nightclub deal with Aby Rosen gets 4 to 12 years in prison

Aby Rosen and 345 Park Avenue South (Credit: Getty Images)

Aby Rosen selling 345 PAS to medical fund manager Deerfield

Anna Sorokin, Aby Rosen and 281 Park Avenue South (Credit: Getty Images and Wikipedia Commons)

Grifter who sought deal with Aby Rosen at 281 PAS convicted on fraud charges

RFR buying Meatpacking District building for $130M

RFR buying Meatpacking District building
for $130M

Troubled loan backing Lever House sees $68M in losses

Troubled loan backing Lever House sees $68M in losses

arrow_forward_ios
Loading...