Tuesday 31 March 2020

Judge OKs $42M settlement by LeFrak, Battery Park City tenants

A judge has approved the roughly $42 million settlement between the LeFrak Organization and tenants at a Battery Park City complex. New York State Supreme Court Judge Melissa A. Crane signed off on the settlement Sunday, determining that it was “fair, reasonable and adequate,” according to court documents. The class-action suit, filed in 2014, accused a LeFrak-controlled entity of neglecting heating repairs at Gateway Plaza, a six-building, 1,712-apartment residential complex in Lower Manhattan. LeFrak had



source https://therealdeal.com/2020/03/31/judge-oks-42m-settlement-by-lefrak-battery-park-city-tenants/

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