Hamptons squatters exploit Cuomo’s eviction ban

Manhattan developer Marco Ricotta, girlfriend won’t pay rent or leave: owner

Tri-State /
Aug.August 31, 2020 08:47 AM
The Westhampton Beach house Marco Ricotta and Jodine Russo that did not have to leave, thanks to Gov. Andrew Cuomo’s eviction ban (Google Maps; Getty)

The Westhampton Beach house Marco Ricotta and Jodine Russo did not have to leave, thanks to Gov. Andrew Cuomo’s eviction ban (Google Maps; Getty)

 

This is not what Gov. Andrew Cuomo had in mind.

Manhattan developer Marco Ricotta and his broker girlfriend Jodine Russo have been taking advantage of Cuomo’s eviction moratorium by refusing to leave a Westhampton Beach house they were due to vacate May 3, the New York Post reported.

The 76-year-old Ricotta and Russo, whose LinkedIn page says she has been a real estate broker for the past 12 years, have not paid the $3,000 rent since April, according to the irate owner of the four-bedroom home, Elyse Zaccaro.

Zaccaro, 53, and her husband planned to spend the summer in the East End home with her teenage son and in-laws, but their legal action against the alleged squatters was held up by the court system’s Covid shutdown and Cuomo’s executive order.

Pressured by tenant advocates, Cuomo banned evictions temporarily and later extended the action, as did the state legislature. But the lawmakers made no exception for people like Ricotta and Russo, who have somewhere else to go: their two-bedroom apartment at 65 West 55th Street in Manhattan, according to business records.

Cuomo did say repeatedly that the rent is still due, but that leaves it to landlords to obtain a judgment in court and then collect on it. A house like Zaccaro’s might fetch $12,000 a month during summer.

“I don’t have to leave because the governor said so,” Ricotta allegedly told a local official, the Post reported.

When the tabloid called Ricotta for his side of the story, he hung up on the newspaper. Russo did not return a message. But in a burst of creativity, the owner of the since-deleted Twitter account @jodinerusso wrote, “think of me like a box of chocolates (you never know what you are gonna get).” If not original, it proved to be accurate, judging from the alleged four-month overstay in Westhampton Beach.

Russo, for her part, does not portray herself as a grifter in her LinkedIn bio. “I am very well organized very much a team player and love helping others,” she wrote. “My goal is to work with people on all levels and give them the education and structure that I have learned over my past experience.”

Aside from allegedly living rent-free in other people’s beach homes, that experience includes being the CEO and owner of a computer supply company in Beverly Hills from 1993 to 2004, her grammatically challenged resume says. Her CEO duties included “overviewing daily financial status,” “obtaining various suppliers for my company” and “making sure that I get the quality of computer supplies for my clients.”

From 1996 to 2003 she was simultaneously CEO and owner of Russo Real Estate, where she engaged in “renting and leasing apartments, condos, etc.,” her LinkedIn page continues.

If the 1,800-square-foot home on Sunset Avenue has been free housing for Ricotta and Russo for four months, the episode could come with a cost: Publicity from the Post story might make it challenging for them to rent in the future and could make for some awkward conversations on the Hamptons social circuit, should they be welcomed back to it.

“The eviction moratorium is very well intended for those in need, but it’s being misapplied with no due recourse,” Zaccaro told the Post. [NYP] — Erik Engquist


Related Articles

arrow_forward_ios
StreetEasy to hike rental listing fees by 50% on June 1
StreetEasy to hike rental listing fees by 50% on June 1
StreetEasy to hike rental listing fees by 50% on June 1
Jeff Winick (Getty)
Jeff Winick sued by IRS for not paying taxes
Jeff Winick sued by IRS for not paying taxes
REBNY's James Whelan with Sen. Julia Salazar and Sen. Jabari Brisport (Getty, Brisport via Jabari for State Senate, Whelan by Anuja Shakya for The Real Deal)
It’s back: Lawmakers propose ban on broker fees
It’s back: Lawmakers propose ban on broker fees
Gov. Andrew Cuomo (Getty, iStock)
New York will adopt CDC’s mask guidance: Cuomo
New York will adopt CDC’s mask guidance: Cuomo
U.S. President Joe Biden removes his mask before speaking about updated CDC mask guidance. (Getty)
In CDC we trust: Mask guidance prompts changes
In CDC we trust: Mask guidance prompts changes
(Getty)
Where the lawsuits challenging NY’s 2019 rent law stand
Where the lawsuits challenging NY’s 2019 rent law stand
Chime CEO Chris Britt and 101 California Street (Google Maps)
Fintech firm may sign biggest lease in San Fran of pandemic
Fintech firm may sign biggest lease in San Fran of pandemic
The parcel of land in Causeway Bay (Google Maps)
Hong Kong sells Causeway Bay site for $2.5B
Hong Kong sells Causeway Bay site for $2.5B
arrow_forward_ios

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

Loading...