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NYC Tenants File $10M Lawsuit Against Overcharging Landlords

NEW YORK—Even the politicians of the city are not immune from constant harassment, eviction attempts, and overcharges from landlords—if they live in rent-regulated apartments. “I’ve lived here all my life,” said Assemblyman Keith Wright outside his apartment building at The Riverton complex. “Since my mother carried me over the bridge as a baby.”

The Riverton in Harlem complex was built in 1949, with over 1,200 units, and Assemblyman Wright’s mother was the first to move into her building at the time. The residential development largely served the African American population as other projects like Stuyvesant Town-Peter Cooper Village restricted their tenancy based on race.

Today, it is one big melting pot and everyone, market-rate tenants included, are standing together against harassment from the landlords, Compass Rock Real Estate LLC, which is owned by CW Financial.

On Thursday, tenants and Wright filed a lawsuit against Compass Rock for $10 million for years of overcharging tenants through a variety of methods. “They are trying to nickel and dime us to death,” said Darren Pearson, second vice chair of the Riverton Tenants’ Association. Wright, who chairs the Housing Committee, discovered he was being billed multiple times for capital improvements the landlord may not have even made.

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