The Real Deal New York

Real estate magnate owes $160K in unpaid rent at Lombardy Hotel: suit

Jeffrey Kosow is allegedly refusing to pay the back rent
November 06, 2018 11:00AM

The Lombardy Hotel at 111 East 56th Street (Credit: Lombardy Hotel and iStock)

Real estate mogul Jeffrey Kosow is refusing to pay $160,000 in back rent that he has been building up for two years at a luxury co-op in Midtown, a lawsuit says.

The 73-year-old Kosow has been ducking his $9,000 per month bill for his suite at the Lombardy Hotel on East 56th Street, according to the New York Post, citing a lawsuit that the unit’s owners filed.

The suit says Kosow claims to have negotiated more than $1 billion in financing on properties, and owned and partnered in more than 4,500 condo and rental units throughout New York, New England and Florida.

The co-op is owned by Michael Fischer and his son Andrew, who are accusing Kosow and his wife June Kosow of exploiting their friendship. The couple allegedly moved there in 2012 and have promised to pay off their rent bill but have not done so. [NYP] – Eddie Small