Cash Crisis For America’s Most Expensive Apartment Complex

Cash Crisis For America’s Most Expensive Apartment Complex

… the property is crimping those plans, sources said. In March, the Appellate Division of the State Supreme Court ruled that Tishman and other property owners improperly converted rent-stabilized apartments to market-rate prices while receiving special tax benefits. On Sept. 10, the New York Court …

Tags: property owners, cash crisis, appellate division, rent stabilized apartments, apartment, new york court, state supreme court, Court

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