Commercial Tenants Abruptly Booted from W. 27th St. Building After Sale

 Icon Realty Management's building at 109 W. 27th St., between Sixth and Seventh avenues.

Icon Realty Administration’s constructing at 109 W. twenty seventh St., between Sixth and Seventh avenues.
View Full Caption

DNAinfo/Maya Rajamani

CHELSEA — At the least a dozen business tenants — together with a longtime theater firm for ladies — have been abruptly evicted or are leaving their West twenty seventh Road constructing following the current sale of the property to a controversial developer, saying they weren’t given the prospect to barter new leases.

Seven business tenants leasing areas at 109 W. twenty seventh St., between Sixth and Seventh avenues acquired lease termination notices from an entity referred to as 109 West twenty seventh Road LLC on July thirteen, they confirmed to DNAinfo New York.

The companies embrace the workplaces for the nonprofit, ladies-centric theater firm New Georges, the style and wonder website SHEfinds and the NYC Hemophilia Chapter.

Staff at 5 different companies within the constructing — together with Korean group middle HeyKorean and occasions-providers firm Area In The Uncooked — stated their corporations had already moved out or deliberate to maneuver out of their areas, however declined to touch upon the circumstances.

The eleven-story constructing — which homes round 30 business tenants, in response to an indication in its foyer — was bought from EJ Realty by DH Property Holdings president Dov Hertz earlier this yr, who in flip “flipped the contract” for the constructing to Icon Realty Administration, The Actual Deal beforehand reported.

On Tuesday, Icon principal Terrence Lowenberg confirmed Icon at present owns the constructing, however stated the notices have been despatched out by the constructing’s former proprietor.

Lowenberg didn’t say whether or not EJ Realty or DH Property Holdings despatched out the notices. EJ Realty didn’t instantly reply to request for remark Tuesday, and DH Property Holdings couldn’t be reached for remark.

A replica of the discover despatched to tenants states they’ve ninety days, or till roughly Oct. 12, to vacate the constructing. 

Most of the constructing’s tenants have been there for greater than a decade, a number of tenants informed DNAinfo.

New Georges has been working out of its area within the constructing since 2000, inventive director Susan Bernfield stated.

“Our lease was virtually up anyway, nevertheless it’s very miserable, as a result of we’ve been right here for 17 years,” stated Bernfield, including that the corporate wasn’t given a chance to barter…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *