Harlem tenants sue Fairstead over J-51 rent hikes

A group of tenants sued Fairstead Capital, alleging that the investment firm illegally deregulated their apartments at 207 Central Park North. Fairstead bought the 30-unit Harlem building in April for $28.4 million from Maurice Mann, whose company is also named as a defendant. In their suit, the 21 tenants allege that Fairstead “engaged in a fraudulent […]