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‘Unbearable’ Noise and Dust: Kushner Companies Accused of Driving Out Tenants in Brooklyn Building [The New York Times]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Image The Kushner Companies bought 184 Kent Avenue in 2015, when there were 316 rent-protected tenants in the building; by June of this year, 71 were left. Credit Chang W. Lee/The New York Times By Charles V. Bagli Aug. 17, 2018 When the Kushner Companies bought the building at 184 Kent Street in Brooklyn in 2015, there were 316 rent-stabilized tenants, seemingly protected from eviction and large rent increases. By June of this year, there were 71 left, according to documents filed with the state attorney general. There is a natural attrition at any rental complex, but rent-regulated units are usually so prized that the turnover is about 3 or 4 percent a year, according to Richard LeFrak, a third-generation landlord. That percentage might be slightly higher where the tenants are largely young people. But the exodus of 245 rent-regulated tenants in a building in less than three years allowed the Kushners to promote those apartments as condominiums and to s Show less Read more
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