New York Law Journal: Held & Hines’ Class-Action Lawsuit Protecting Elderly and Disabled Residents Covered in the Media Lawsuit Alleges NYC Landlords Push Out Seniors, Disabled Jake Pearson, The Associated Press December 3, 2015 | 0 Comments Walter Goldsmith, a partner at Goldsmith & Fass AP/Frank Franklin II Inspired by his own experience living in a New York City apartment building that was converted into high-priced condos, a 71-year-old lawyer and former state regulator is taking on developers citywide on […]
ABC News: Marc Held, Partner, Held & Hines, LLP Quoted Re: Class-Action Lawsuit Lawsuit: NYC Landlords Pushing out Seniors, Disabled The Associated Press Walter Goldsmith poses for a portrait Tuesday, Dec. 1, 2015, in New York. Goldsmith claims in a state lawsuit filed late Tuesday that landlords have ignored a decades-old law that requires them to give tenants 62 and older and those with disabilities the option to stay-on as renters in their apartments rather than move away or buy […]
Marc Held, the attorney bringing the lawsuit with Goldsmith, said at least a quarter of the building’s renters are either elderly or disabled, including at least one blind tenant. “These are apartments that are triple in value vacant what they are with a rent-regulated tenant in there,” he said. “There’s a tremendous financial incentive not to comply with the law.”
