Category : Featured

Croman agrees to pay $8M in restitution for tenant harassment case
FeaturedResidential

Croman agrees to pay $8M in restitution for tenant harassment case

REW
After a fraud conviction in October earned him a year on Rikers Island, one of the city’s most notorious landlords has agreed to pay a record $8 million in restitution to settle a civil suit brought against him by the state for tenant harassment. Steven Croman, who earned the nickname...
Deals & DealmakersFeatured

Banks: Politicians making housing crisis worse

REW
The president of the city’s biggest real estate lobby has criticized politicians and NIMBYism, saying the efforts to stall development are keeping much-needed housing from being developed. In a column for Real Estate Weekly this week, REBNY president John Banks said opposition to development in neighborhoods like the Lower East...