Thursday, December 3, 2015

Report: Lawsuit accuses Raphael Toledano of not paying his office rent

Rent-stabilized tenants at the Raphael Toledano-owned 444 E. 13th St. have claimed that they were allegedly threatened and harassed to leave their homes.

Toledano is now reportedly having landlord issues of his own.

Per The Real Deal:

Landlord HRC Corporation is accusing broker-turned-investor Raphael Toledano of failing to pay rent at his Flatiron District office.

HRC filed suit Wednesday, asking a State Supreme Court judge to award it a total of $6.4 million, the amount allegedly due over the entire 10-year lease, plus damages.

In a statement, a Brook Hill spokesperson wrote "We are not in default of the lease."

In a $97 million deal, Toledano and Brook Hill closed on a 16-building East Village portfolio back in the fall.

Previously on EV Grieve:
Claim: Landlord of 444 E. 13th St. threatened 'to drop dynamite on the building'

Reader report: Large portfolio of East Village buildings ready to change hands

Report: State investigating East Village landlord Raphael Toledano

Report: Uncle suing nephew broker Raphael Toledano over $100 million East Village deal

Report: Raphael Toledano completes purchase of 16-building East Village portfolio

More about alleged harassment and landlord visits via Brook Hill Properties

Brook Hill Properties launches chocolate offensive

In op-ed, Raphael Toledano says that he wants 'to make the East Village a better place'


Anonymous said...

Times are hard for everyone... We shouldn't feel happy when someone else suffers, it could be one of us next.

Anonymous said...

@comment 1

This article isn't a cheer for joy- its a notice of irony.

Even if what you said is true, the one suffering here is the landlord for not being paid what was agreed.

This is just another signal that this middleman's business ethics seem unsavory.

Gojira said...

That you at 3:10, Raphael? If so, please stop posting anonymously. If it's you, you deserve nary a jot nor tittle of sympathy, you disgusting piece of neighborhood-destroying shit, and I for one hope you are driven out of the real-estate business and wind up behind the wheel of that garbage truck you were born to drive. If it's not you, if it's just some poor deluded fool who has no idea what you have done, what you plan to do, and what you have shown yourself to be capable of, well, a little education is not a bad thing. Hint hint.

Anonymous said...

The picture of a polished used car salesman ready to sell anyone for the right price.

Anonymous said...

I guess it frees up more money to buy up buildings and harass tenants if you don't pay the rent on your office space.

Anonymous said...

Check behind the ears. I bet there's a quarter!

Anonymous said...

He might be a real estate guy, but in this case he's a tenant, and we all know the false accusations that are leveled against tenants by landlords. I for one do not believe the charge.

Dave- Everywhere said...

What goes around, comes around. Couldn't happen to a nicer guy!

Anonymous said...

He looks like Jorge Posada LOL.