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Hedge Fund-Backed Castellan Real Estate Group Intimidates NYC Tenants to Vacate Rent-Stabilized Apts
Published on Mar 18, 2015
http://democracynow.org - 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.
