This article first appeared in the April 2015 issue of The Lo-Down's print magazine.
There’s nothing new about clashes between New York City tenants and property owners. On the Lower East Side, in particular, an affordable-housing bastion for generations, the...
Tenants at 113 Stanton St. have taken their landlord, Samy Mahfar of SMA Equities, to housing court. In a lawsuit filed Feb. 19 by the Urban Justice Center, the residents said their lives are being endangered due to unsafe...
On Monday, state Attorney General Eric Schneiderman announced an agreement with a notorious "tenant relocator," sidelining him from operating in rent regulated buildings on the Lower East Side and in other neighborhoods. Neither the press release from the AG's...
In the past several months, local elected officials have been attempting to advocate for residents in buildings owned by prolific Lower East Side property owner Samy Mahfar. This afternoon, they're out with a letter to Mahfar expressing concerns about...
On the outside, nothing seems especially unusual about this 6-story walk-up building at 210 Rivington St. But inside, this 20-unit property with ground floor retail is undergoing a fairly dramatic transformation - a gut renovation. Since changing hands last...
Samy Mahfar's SMA Equities has acquired another Lower East Side building. According to city finance department records, he purchased 102 Norfolk St. last month for $11 million. The six story residential building includes 25 residential units and two commercial...
A controversial Lower East Side property owner has a new acquisition: a 20-unit apartment building at the corner of Rivington and Pitt streets.
According to city records, the property changed hands this summer for $7.625 million. The new owner...
