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Score one for the little guy, at least for now. A judge has ruled that Alistair and Catherine Economakis can’t evict 10 tenants in a rent stabilized building in the East Village in order to turn it into their own private five story mansion featuring a library, a gym, a nanny’s suite, five bedrooms and six bathrooms.
Oddly enough, “Catherine Economakis’ mom is a dean at Columbia College, where, ironically, she teaches courses in urban studies that examine city social and economic problems.”
Maybe she can make up a new lesson plan, “My Daughter: A Social and Economic stain on the NYC landscape”.
The tenants of the building banded together to fight the Economakis’ at a total cost of $160,000. The judge said in his ruling, “the inescapable consequence” of creating the mansion was that “all of the building’s 15 rent-stabilized apartment units will be forever withdrawn from the rental market.”
Score one for the little guy.
E. Village evictions nixed [Daily News]
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