The Naftali group wants the tenants of the newly acquired UWS building

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215 West 84th Street and Miki Naftali, CEO of the Naftali Group (Google Maps, Getty)

The new owner of 215 West 84th Street wants tenants to step down when their leases expire.

The Naftali group bought the building last week for $ 71 million. The property has 128 units and covers 100,000 square feet.

The company has warned residents that they risk being evicted if they don’t leave their lease once their lease expires, a tenant told the Commercial Observer.

Tenant Candice Solomon said that when she tried to run for new management, a Choice New York Companies property manager told her he sent 60 days’ notice asking her to leave by the 11th. August. Choice New York Companies did. not immediately respond to requests for comment.

With her $ 3,450 per month duplex lease ending July 31, she said it would be difficult to find a new home on such a short notice.

“I’m afraid they’ll lock my apartment and throw all my stuff out on the street,” said Solomon, who has lived in the building for more than a decade. “I’m afraid to leave the building until the end of our lease. This is how scared I am.

The building’s former owner, Eagle Court, has warned Solomon that the Naftali Group will not renew the leases, although it is not known what the company plans to do with the property. One strategy is to empty and modernize the apartments, then increase the rent. Renters of apartments at market price are not entitled to lease renewals.

City records indicate that some units in the building are rent-stabilized, according to Commercial Observer. These tenants would be guaranteed the possibility of renewing their leases, but due to the Rent Act of 2019, these apartments are no longer subject to a 20% rent increase in the event of vacancy or luxury deregulation.

[CO] – Cordilia James


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