butters
High on a Hill
- Joined
- Jul 2, 2009
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Johanna Beiter, who has resided on the 39th floor of Trump World Tower since 2004, filed the suit in Manhattan Supreme Court on May 25, accusing the condo board — of which the former president’s middle child is a member — of approving the conversion of 2,500 square feet of vacant commercial space, formerly the World Bar, into residential “amenity space,” with little notice to condo owners and no ability to contest the renovation.
Condo residents, Beiter alleged, are being forced to foot the massive bill for the project, including a $1.75 million “special assessment,” $300,000 in “amenity fees” amounting to 2% of residents’ annual rental fees, and the $190,000 annual rent for the space itself.
The move had not been disclosed to residents before then, says Beiter, and in fact, had only been subject to a quick pro forma vote at the condo board’s January meeting, where only four members were present. The resolution was signed personally by Eric Trump, landlord of the 845 UN Limited Partnership, rather than by Barry Leistner, the condo board’s authorized signatory.
eric lives in a condo never sold but owned directly by the developer and stands to gain a significant sum of money from this dodgy 'deal' since heThe resolution clearly violated the condo by-laws, says Beitner, as alterations to common areas costing in excess of $200,000 must first be approved by a vote of all the residents, rather than just the board.
is not just a condo owner designated to serve on the board, but also has a financial interest in the transaction, as president of the sponsor company Trump 845 UN LP LLC, which will collect the special assessment, amenity fees, and rent for the new space from residents.
looks pretty slam dunk to me since residents weren't (according to the plaintiff) given any recourse to rejecting the project which they are being charged millions for but never requested.
https://www.amny.com/new-york/manhattan/lawsuit-eric-trump-condo-owner-fees/