New York is a hot town for real estate, and the sheer alluring nature of the city makes it a popular destination for many. Many times, prominent actors, athletes, models and celebrities rent apartments or homes in the city. Generally, the owners are happy to have these tenants because they know they'll receive rent money in full and on time, and that their presence adds a certain buzz to the locale. In some cases, however, these same people face litigation in nuisance and lease violation cases that end up becoming public due to their celebrity status.
New York City landlords know that when a tenant falls behind in their rent payments, taking legal action is sometimes the only realistic option. Collecting delinquent rent or evicting a tenant for nonpayment can be difficult and costly without experienced counsel.
For those who live in a rent-regulated apartment - one that is either rent-controlled or rent-stabilized - in New York, they may have important rights not available to tenants in unregulated, market-rate buildings. It is in one's best interest to be aware of those rights and protect them. For those who own a building with rent-regulated apartments, it is also important to have experienced legal advice before taking any steps toward deregulation of the apartment or eviction of a tenant.
A hedge fund manager and a model are the opposing parties in a lawsuit over the rental of a townhouse on East 19th Street in Manhattan. The fund manager rented the triplex from the model, who is now semi-retired but purchased the property when her modeling career was in full swing.