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December 16, 2020
Share via Shortlink From left: Letitia James, Raphael Toledano and Josh Zegen with 223 East 5th Street and 325 East 12th Street (Getty; Google Maps; Toledano by Michael McWeeney) Madison Realty Capital has agreed to give more than $1 million in rent credits to tenants of Raphael Toledano’s East Village portfolio — once it takes over the 15 buildings. The private equity firm settled claims that when it issued Toledano $124 million to acquire the properties, it knew or should have kno...
December 15, 2020
UpdatedTue, Dec 15, 2020 at 4:26 pm ET Reply Real estate private equity firm Madison Realty Capital will have to pay more than $1 million to tenants in the Village for knowingly hiring a landlord notorious for harassment and unsafe construction. (Shutterstock) VILLAGE, NY — Real estate private equity firm Madison Realty Capital will have to pay more than $1 million to tenants in the Village for knowingly hiring a landlord notorious for harassment and unsafe construction. Attorney General Leti...