Nothing comes between friends quite like Manhattan real estate

Bosom buddies turn to court to settle real estate dispute

TRD 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
Hidrock CEO Abraham Hidary, 54 Madison CEO Henry Silverman and a rendering of 12 East 48th Street (Credit: 54 Madison Partners)

Not over yet: Hidrock sues over auction of Midtown hotel project

Not over yet: Hidrock sues over auction of Midtown hotel project
Ohana Real Estate Investors CEO Christopher Smith (left) and Alexico Group's Izak Senbahar with the Mark Hotel at 25 East 77th Street (Getty, LinkedIn, Google Maps)

Judge: Hotel foreclosure sale is off the “Mark”

Judge: Hotel foreclosure sale is off the “Mark”
Toby Moskovits (Sasha Maslov)

“Wasn’t me”: Toby Moskovits disputes $210,000 legal bill

“Wasn’t me”: Toby Moskovits disputes $210,000 legal bill
Every day that the city is shut down, is another day of bills piling up for tenants. (Illustration by Paul Dilakian)

Unpaid bills force NYC restaurateurs and landlords to come to the table

Unpaid bills force NYC restaurateurs and landlords to come to the table
From left: Aaron Feldenauer, 90 Washington Street and Joseph Moinian (Getty, Google Maps)

Mayoral candidate sues Moinian

Mayoral candidate sues Moinian
One Thousand Museum and Porsche Designer Tower (Porsche)

Douglas Elliman agent allegedly created scheme to pocket commission advances: lawsuit

Douglas Elliman agent allegedly created scheme to pocket commission advances: lawsuit
Compass CEO Robert Reffkin and Realogy CEO Ryan Schneider (Getty, iStock)

Realogy drops non-compete suit against Compass

Realogy drops non-compete suit against Compass
NY State Senator Liz Krueger (iStock)

Why did Airbnb give in to de Blasio?

Why did Airbnb give in to de Blasio?
arrow_forward_ios

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

Loading...