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Annie Feng

Coverage of Annie Feng in the Nexus archive.

Earliest in view: Aug 13 · 09:00 UTCMost recent: Aug 13 · 09:00 UTC
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  • BUSINESSAug 13 · 09:00 UTCTHE CITY NYC
    The $1.5M Holdout: Kips Bay Fight Pits Tenant Rights Against NYC Housing Development

    Michael Heletz, founder of Excel Development Group, plans to demolish four buildings in Kips Bay for a tower of up to 160 apartments and retail space. The project is stalled because six rent-regulated tenants have not agreed to leave despite lucrative offers. A sixth tenant, Annie Feng, is holding out using her rights under rent stabilization rules, which creates conflict between individual tenant protections and broader affordable housing goals.

Annie Feng · Dossier · The Nexus