Laura Edwins Less than a year ago, David Moster, a Ph.D. candidate at N.Y.U., paid a $5,625 broker fee to move into his apartment at 50 East Third Street. “It was a huge hassle moving last summer,” he recalled. Now he’s getting ready to deal with the headache again. Earlier this month, his landlord, Abart Holdings, sent him a letter informing that the building would be sold within a few months and that his lease would not be renewed.
Mr. Moster and his two roommates, who pay $3,000 per month for their three-bedroom unit, are among an estimated 17 residents of the building and of two neighboring ones at 54 and 58 East Third Street who were given 60 days to find a new place to live. Yesterday, many of those tenants met to discuss their options. Read more…
Entwined Studio The author, second from right, with friends on the stoop of 50 East Third Street.A few weeks ago I had a night so magical it only could have happened in New York City: rooftop skyline, cocktails, killer jams. We were giddy. It was one of those nights that makes you want to dig out your old “I heart NY” t-shirt and wear it to bed.
The next morning, I got a buzz from the mailman. It was a registered letter from the landlord: we were getting evicted from our home at 50 East Third Street.
Our building sold and the new landlord had no interest in renewing our lease, so we were given 60 days to pack up our lives and vacate our apartments by May 14. Around 20 other people in our building and two neighboring ones at 54 and 58 East Third Street received the same notice. I was told that the sale of the building hinged upon the vacancy of our apartments. Our lives were used as a bartering chip.
The rug was literally being pulled from underneath us. Read more…
