New York City Settles $2.1M with A&E Real Estate to Repair Harrowing Tenement Conditions
New York City has reached a $2.1 million settlement with A&E Real Estate to cover 14 buildings across three boroughs, with Mayor Zohran Mamdani stating it will force repairs and halt hazardous conditions for tenants.
New York City has reached a $2.1 million settlement with A&E Real Estate, covering 14 buildings across three boroughs, as part of an agreement that will force repairs and stop work on hazardous conditions, according to Mayor Zohran Mamdani. The settlement is the result of a long-standing dispute between tenants and landlord A&E Real Estate over living conditions in some of the city's most neglected buildings. Tenants have described the conditions as a 'nightmare', with issues including mold, rodent infestations and lack of maintenance.
