Nothing comes between friends quite like Manhattan real estate

Bosom buddies turn to court to settle real estate dispute

New York /
Jan.January 17, 2016 04:00 PM

A decades-long friendship that survived divorce, death and business deals is ending in a courtroom spat over an Upper East Side apartment.

Handbag designer Jane August is seeking a court order to stop her longtime friend Michelle Schwartz from tossing her out of her apartment, according to the New York Post.

Schwartz, at least at one point, valued August’s companionship to the tune of a free apartment. In 1999, Schwartz offered to pay for a Manhattan apartment. August claims that she was told she could use it “for the rest of her life.”

However, nothing was put into writing and now Schwartz wants August out of the apartment on East 78th Street. August says, while she has never paid any rent for the apartment, she helped in other ways, such as paying the common charges and renovating the building’s lobby, which helped raise the property’s value.

Schwartz declined to tell the Post precisely why she wants August out after all this time. Now, it’s up to the Manhattan Supreme Court. [NYP]Christopher Cameron


Related Articles

arrow_forward_ios
The door at 553 West 30th Street, Related's Stephen Ross and 15 Hudson Yards (Getty, Google Maps)
Judge rejects “poor door” lawsuit at Related’s 15 Hudson Yards
Judge rejects “poor door” lawsuit at Related’s 15 Hudson Yards
Miki Naftali with 215 West 84th Street (Getty, Corcoran)
Naftali takes hit in battle with UWS holdout
Naftali takes hit in battle with UWS holdout
Ascent Development’s Tien Vominh and Modern Spaces' Eric Benaim with 45-30 Davis Street (LinkedIn, Modern Spaces, Marvel Architects)
Modern Spaces sues developer over LIC exclusivity agreement
Modern Spaces sues developer over LIC exclusivity agreement
From left: Jeff Goldberg, CEO of Fairstead, and Will Blodgett, Founder of Tredway (Getty Images, Fairstead)
Fairstead fires back, alleges Blodgett threatened to go “torched earth”
Fairstead fires back, alleges Blodgett threatened to go “torched earth”
The Pierre hotel (The Pierre, Getty Images)
Not your average lien: Pierre Hotel, contractor squabble over nearly everything
Not your average lien: Pierre Hotel, contractor squabble over nearly everything
From left: Extell’s Gary Barnett and Landsea Homes' John Ho with 540 Sixth Avenue (Linkedin, Getty)
Gary Barnett sues developer for poaching his tenant
Gary Barnett sues developer for poaching his tenant
Related Companies' Stephen Ross andb Furnished Quarters' Gary Brown and Steven Brown (Related, Furnished Quarters, Getty)
Related claims short-term rental provider owes it millions
Related claims short-term rental provider owes it millions
Durst Organization's Douglas Durst, Jamestown's Michael Phillips and One Times Square (Durst Organization, Jamestown, Getty, Bernt Rostad from Oslo, Norway edited by Yarl/CC BY 2.0/via Wikimedia Commons)
Durst sues Jamestown over Times Square scaffolding
Durst sues Jamestown over Times Square scaffolding
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...