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Which 47 New York City Apartment Buildings Seek New Management?
March 21, 2010 by Neil · Leave a Comment
The sins of EH Property Management Inc. include failing to respond to emergencies, not making repairs, and overcharging when they do make repairs. These are the claims of tenants who live at a 47-building apartment complex in East Harlem that was put into foreclosure in August, 2009.
Hat Tip: Crain’s
Dawnay Day, a British investment firm, once owned the 1,142-apartment complex. It purchased the units from Steve Kessner in 2007. Kessner must have received an offer he couldn’t refuse, since he still owns about sixty multifamily and commercial buildings in Manhattan, totaling almost 1400 units and 100,000 square feet of commercial space.
Since then, Dawnay Day is defunct, and the courts have appointed a receiver to manage the New York City multifamily properties.
Those buildings include 102 East 103rd Street; 112 East 103rd Street; 18 East 103rd Street; 122 East 103rd Street; 124 East 103rd Street; 126 East 103rd Street; 1567 Lexington Ave; 1569 Lexington Ave; 1571 Lexington Ave.; 204 East 112th Street; 215 East 117th Street; 231 117th Street; 234 East 116th Street; 235 East 117th St; 238 East 111th Street; 238 East 116th Street; 312 East 106th Street; 318 East 106th Street; 328 East 106th Street; 411 East 118th Street; 413 East 114th Street.
