Crain's New York Business

Judge approves massive rent hike that could displace hundreds at Midtown co-op

Hundreds of residents at a Midtown co-op could lose their homes after a New York state judge gave the green light to a ...

Billionaires’ Row Loses One of Its Last Affordable Buildings

A dramatic 450% rent increase at Carnegie House in Manhattan was upheld by the New York County Supreme Court this week.

Homeowners blindsided by crippling 450% rent hike after NYC court rules in favor of billionaire landlord

A rare spot of affordability on Manhattan's ultra-luxury Billionaires' Row is officially going the way of the dinosaurs.

Carnegie House lease dispute goes to land owners

Co-op shareholders are facing a 450 percent increase in ground rent at the building, levied by David Werner and Rubin Schron.
New York Post

These NYC apartments near Billionaires’ Row cost $99K — but there’s a catch

At the iconic Carnegie House, a co-op in Midtown Manhattan, residents are facing the risk of losing their homes due to a ground lease renewal. Matthew McDermott For the residents of Carnegie House, a ...
New York Post

Residents of Billionaires’ Row co-op told to pony up $280M or get lost

Co-op apartments in a luxury doorman building on Billionaires’ Row are selling for as low as $100,000 for a studio and $659,000 for a three-bedroom penthouse with a terrace. But the glitch in the only ...