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Article: Condo converter being sued by Toy Center tenants.
- Article from:
- Real Estate Weekly
- Article date:
- May 17, 2006
- Author:
CopyrightCOPYRIGHT 2006 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A group of toy tenants in the International Toy Center have launched a lawsuit against the property's owner, Joe Chetrit, claiming that he is trying to muscle them out of the building by saddling them with the cost of metering their own electricity.
Attorney David Jaroslawicz, who is representing the roughly 25 tenants who have filed the suit, says that the cost of installing the wiring and systems needed to meter electricity could cost each tenant tens of thousands of dollars, an expense that would likely force some to leave the building, which, according to Jaroslawicz, is just what Chetrit wants.
Chetrit purchased the International Toy Center in early ...