Tenant Rights

The $1.5M Holdout: Kips Bay Fight Pits Tenant Rights Against NYC Housing Development

The Cityby Samantha MaldonadoAugust 13, 2026

Wedged in a corner of Kips Bay, near the East River and NYU Langone hospital, four low-slung buildings contain 40 apartments. Most are empty. Michael Heletz, founder of Queens-based Excel Development Group, has for a decade had a plan to knock down these buildings and in their place construct a towe

Source: The CityOpen original

Article not loading? Some sites restrict embedding.

Read on The City

Related Articles

Advertisement
You might also like
Advertisement