Imperial Court Hotel Owner Fined $290,000

The owner of the Imperial Court Hotel, at 307 West 79th Street, has been issued with fines amounting to $290,000, The Real Deal first reported.

The basis of these fines come from illegal short-term rentals, which a group of permanent tenants first sued the hotel owner for in 2016. Assemblywoman Linda Rosenthal has been trying to get the hotel to stop offering short-term rentals since 2007, the publication states.

According to The Real Deal, the parties reached an agreement this week. All short-term rentals will be stopped, and the owner of the hotel, Michael Edelstein, will pay $290,000 in fines.

Linda Rosenthal said she would demand the city and state re-regulate the apartments so that they could be rented out to permanent tenants.

  

Featured images via Google Street View

Sharing is caring!

Latest Comments

  1. Avatar Scott August 11, 2020

Leave a Reply

Advertisement