After nearly five years of litigation, LeFrak has reached a hefty settlement with tenants at a Battery Park City complex. LeFrak, the third-largest rental landlord in the city, is set to pay tenants at Gateway Plaza $42 million, court documents show. The class action suit, filed in 2014, accused an entity controlled by LeFrak of neglecting heating repairs in the massive residential complex, which encompasses six 34-story buildings with 1,712 apartments across about 1.9 million
source https://therealdeal.com/2019/12/18/lefrak-to-pay-tenants-42m-in-settlement-over-scorching-and-freezing-apartments/
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