2022 Was Anything But Typical for NYC’s Real Estate Industry in Post-Pandemic World - The Jewish Voice
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Sunday, September 24, 2023

2022 Was Anything But Typical for NYC’s Real Estate Industry in Post-Pandemic World

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By: Benyamin Davidsons

The year 2022 was anything but typical.  The year is best known for office vacancies, and rising housing prices following the pandemic. There were also all types of crazy happenings.  As we wrap up 2022, here are some of the craziest real estate related news stories of the year.

As reported by Crain’s NY, one restauranteur, Carlos Gasperi, came up with the idea of serving lavish several-course dinners out of his one-bedroom apartment.  He created Maison Sun, a 2022 popup, which hosted eight-course meals at his home at 8 Spruce St. in the Financial District.  The meal experience reportedly cost  $365, plus an extra $225 for caviar dollops. Gasperi’s lawyer denied these claims, saying rather that he was just cooking for friends.

Neighbors at the posh rental tower complained about the odors and trash, and tried to evict Gasperi.  It seems they were successful.  In November, a housing court judge ruled to kick him out of 8 Spruce, the 76-story, 898-unit rental building owned by Blackstone. Gasperi seems to have opened a new Maison Sun location in Downtown Brooklyn, in a former store at200 Schermerhorn St.

Next up in the weird category is a tenant at 1214 Fifth Avewho chose to egg her neighbors’ doors.  Whether it was rage or anxiety, Yan Li offered no explanation for her attacks on her neighbors at the high-end Upper East Side building.  Surely it wasn’t for lack of other activities, as the 50-story rental building, built in 2013, offers amenities including a fitness center, indoor pool, roof deck, children’s playroom, media room and community recreation facility.  Two-bedroom apartments at the building go for about $7,500 per month.

As per Crain’s, Li has resisted attempts to get her into a court room in relation to the lawsuit.  There were eviction attempts against her, but she still seems to be residing at the building, which is managed by the Related Companies.  Two of Li’s neighbors, however, seem to have vacated their apartments as a result of the flying yokes.  Thanks to the housing shortage, they weren’t missed for long though, with new tenants filling in at one of the units in August and at the other in November.

In another crazy saga, one tenant at a luxury Hell’s Kitchen tower was renting out his two-bedroom home for months at $1000 nightly through Airbnb and other sites.  The tenant, Jude Onicha, was not only allegedly operating an illegal hotel in New York City, he also wasn’t paying his rent at the glass and steel tower, as per Crain’s.  A November lawsuit from landlord Invesco at Mercedes House, claims that Onicha was skipping out on his monthly rent payments of $8,000 per month, raking up a total outstanding bill of $247,000.  Onicha is slated to face a judge in January, in which he may be evicted from the 30-story tower which offers an indoor and outdoor pool, spa, basketball court and unobstructed waterfront views of the Hudson River.

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