Photo of Eric Schneiderman Attorney General Eric Schneiderman (Cindy Schultz / Times Union)

NEW YORK CITY—New York State Attorney General Eric Schneiderman announced on Wednesday a settlement between the Tenant Harassment Prevention Task Force (a city and state multi-agency group) and Icon Realty Management, led by Terrence Lowenberg and Todd Cohen. The agreement requires the landlord to end alleged harassment and hazardous living conditions for tenants in buildings Icon owns and manages.

Icon will pay $300,000 to the State of New York to fund the task force’s cost of the investigation and $200,000 in penalties, fees and costs to New York City’s Housing Preservation & Development and Department of Buildings. The settlement covers hundreds of tenants currently living in Icon’s rent-regulated buildings located in the East Village, the Lower East Side and Brooklyn.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.