This late actress was paying just $28 for her Greenwich Village apartment

Patricia O'Grady paid what is believed to be the lowest rent in the neighborhood

TRD New York TRD WEEKEND EDITION /
May.May 12, 2018 09:00 AM

500 Sixth Avenue and Patricia O’Grady

The woman who lived in Greenwich Village’s cheapest rent-controlled apartment quite literally only gave it up over her own dead body.

Patricia O’Grady paid just $28.43 for her cold-water flat up until the point she died in March at the age of 85 after being fatally struck by a car, the New York Post reported.

O’Grady, who had lived in the walk-up since 1955, paid what is believed to be the lowest rent in Greenwich Village.

The unit didn’t have heat or hot water, but it did have two working fireplaces.

“I didn’t even know that [cold-water flats] existed anymore,” Ava Farkas, executive director of the Metropolitan Council on Housing, told the Post. “I think that’s highly, highly rare.”

A former landlord even started a fire in the building to try and drive out rent-controlled tenants, a friend of O’Grady’s told the newspaper. When current landlord Adam Pomerantz bought the property, he was able to raise her rent by a whopping $1.98.

And Pomerantz said O’Grady would always mail her rent checks, even though she could just walk downstairs and hand-deliver them at the Murray’s Bagels shop he ran at the base of the building.

Pomerantz plans to gut renovate the apartment and rent it as a two-bedroom in the range of $5,000. [NYP] – Rich Bockmann


Related Articles

arrow_forward_ios
Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)

New NYC rent law “beginning to shut down investment”

New NYC rent law “beginning to shut down investment”
Beneath wall to wall carpeting, brokers find herringbone flooring, behind a coat of paint may be a marble mantle, or hidden away could be antique mirror doors. (iStock)

Hidden treasures: Old homes offer up surprises when readied for sale

Hidden treasures: Old homes offer up surprises when readied for sale
Ronnie Wood and his London home (Getty, Milton Stone)

Rolling Stones guitarist Ronnie Wood lists colorful London townhouse

Rolling Stones guitarist Ronnie Wood lists colorful London townhouse
Bozeman, Montana

Montana’s real estate market shows no signs of cooling heading into winter

Montana’s real estate market shows no signs of cooling heading into winter
French buyers are gobbling up prime London real estate

French buyers are gobbling up prime London real estate

French buyers are gobbling up prime London real estate
Opendoor CEO Kevin Wu, Daniel Morillo and Ken Griffin (Getty; Opendoor; LinkedIn)

Opendoor hires CIO from Ken Griffin’s Citadel

Opendoor hires CIO from Ken Griffin’s Citadel
arrow_forward_ios

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

Loading...