RE Greed Reaches New Level in Cobble Hill
Most New Yorkers are pretty used to tales of landlords evicting tenants in the pursuit of profit maximization. But even the most hardened free-marketeer must have raised his eyebrows at yesterday’s report of two elederly sisters being kicked out of the Cobble Hill townhouse where they grew up by their nephew, Joseph DeLeonibus. Adding another…
Most New Yorkers are pretty used to tales of landlords evicting tenants in the pursuit of profit maximization. But even the most hardened free-marketeer must have raised his eyebrows at yesterday’s report of two elederly sisters being kicked out of the Cobble Hill townhouse where they grew up by their nephew, Joseph DeLeonibus. Adding another layer of intrigue was the listing for the Cheever Place property on Corcoran: “House is being offered for $999,999, without seeing it, without inspecting it, must close in 30 days, must be all cash and must take tenants in place.” Sounds a little desperate to us. There must be more to the story.
Hit the Bricks, Granny! [NY Daily News]
No matter how much money people sent in, I’m afraid it wouldn’t be enough because he wants them out to sell — he doesn’t want to be a landlord no matter what. All someone could do is buy the building and let them stay there.
In France old people can sell their apartments in exchange for the right to remain there until they die. A lot of people wind up waiting for a long time to get their property but overall it seems to work pretty well.
Yes, maybe within legal right…. but what does that say about our legal and tax system and MORALITY AND DECENCY which too many of those with the $$$ too often lack.
There’s an update on today’s NY Daily News site…apparently today Housing Court said the 89-year old’s time had run out, and extended the Alzheimer’s victim’s residency by a month. Like some have said (above) there’s got to be more to this than has been published in the NY Daily News…
Google News has NY1 saying the eviction was upheld by a judge an hour ago. One has a week to vacate and the one with Alzheimers has a month.
Moralists??? All you think about is the almighty dollar and the “losses” the nephew is incurring. If he’s in debt because of his stupidity (gambling, over-spending, etc), then he deserves his predicament.
I think the article said they were paying $650.
The landlord is family and is dumping his frail elderly aunts onto the public -and probably an early death – as he inherits a million $ and doesn’t have to pay a cent in inheritance tax.
Its all about $$$ for JoshK and his sort and never about decency.
If he purchased the building it is one thing –
but inheriting is another. I say 75% tax on any inheritance (or trust fund) over $50,000.
If the old ladies lived in the house w/o paying rent while the mom was alive, there was an understanding. If they’ve been living there rent-free for years, it’s too late for son to complain now. Seriously, this house didn’t cost him a dime, he should just rent out one apartment to a nice yuppie couple and their rent will cover taxes, ins., heat and maybe even a little maintenance till the old ladies croak and then he can get his money. It’s not just real estate, it’s housing.
I bet the house is haunted!
I think the lady who died recently is STILL in the attic.