Penthouse in Peril for Cleary Gottlieb Lawyer

Lawyer Barry Fox of New York could be in danger of losing his penthouse apartment after an appellate court ruled he isn’t entitled to rent-stabilization protections.

Fox, senior counsel with Cleary Gottlieb Steen & Hamilton, who lived in the Upper East Side building since 1975, never knew his former landlord was getting tax benefits for his apartment being rent-stabilized. He was paying market rent—$25,000 per month—and it wasn’t until 2014, when his building changed hands and a new landlord said it wasn’t going to renew his lease, that he learned he might have protections against eviction.

Link.

PDF: Penthouse in Peril for Cleary Gottlieb Lawyer _ New York Law Journal