2015-03-19 19:41:01

Hedge Fund Backed Castellan Real Estate Group Intimidates NYC Tenants to Vacate Rent Stabilized Apts

In his latest column for the New York Daily News, Democracy Now! co-host Juan González reports on intimidation tactics used by Castellan Real Estate Partners, the hedge fund-backed owner of more than 50 rent-stabilized apartments in New York City. Despite a state-appointed monitor, Castellan continues to force out tenants by improperly demanding proof of citizenship or income, and then jacking up rents by up to 50 percent.

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