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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Taki who wrote (73236)	8/23/2001 8:21:23 AM
From: Taki	Read Replies (1) \| Respond to of 122088

(COMTEX)B: Landlord Sues Tenant for $5 Million B: Landlord Sues Tenant for $5 Million NEW YORK, Aug 23, 2001 (AP Online via COMTEX) -- A tenant is being sued for more than $5 million for impersonating someone else since 1964 to keep a rent-controlled apartment. Judge Peter Wendt ruled Aldo Vigliarolo, 65, has until December to move out of the $550-a-month, one-bedroom apartment in prime Greenwich Village, where he has been living under the name of photographer, Robert Ferraro. "He has received a largesse for an extremely long time by paying an artificially low rent in a highly desirable neighborhood," the judge said in court papers obtained by the Daily News. The building's owner since 1982, Louis DeVito, filed the suit in Housing Court. The building's former owner, Perry Towers Associates, is also suing Vigliarolo. Vigliarolo, a retired city worker, has denied fooling anyone, saying that his identity has been an open secret since 1964, when Ferraro signed the lease. He has paid his rent with money orders and requested repairs in Ferraro's name and also listed both names on the mailbox. "They gave me the keys and I moved in. They knew I was there," Vigliarolo told (COMTEX) B: Landlord Sues Tenant for $5 Million B: Landlord Sues Tenant for $5 Million NEW YORK, Aug 23, 2001 (AP Online via COMTEX) -- A tenant is being sued for more than $5 million for impersonating someone else since 1964 to keep a rent-controlled apartment. Judge Peter Wendt ruled Aldo Vigliarolo, 65, has until December to move out of the $550-a-month, one-bedroom apartment in prime Greenwich Village, where he has been living under the name of photographer, Robert Ferraro. "He has received a largesse for an extremely long time by paying an artificially low rent in a highly desirable neighborhood," the judge said in court papers obtained by the Daily News. The building's owner since 1982, Louis DeVito, filed the suit in Housing Court. The building's former owner, Perry Towers Associates, is also suing Vigliarolo. Vigliarolo, a retired city worker, has denied fooling anyone, saying that his identity has been an open secret since 1964, when Ferraro signed the lease. He has paid his rent with money orders and requested repairs in Ferraro's name and also listed both names on the mailbox. "They gave me the keys and I moved in. They knew I was there," Vigliarolo told the New York Post. DeVito discovered the ruse after he started eviction proceedings last year when he suspected Vigliarolo was illegally subletting the apartment to someone else whose name was added to the mailbox. The apartment could bring in $2,200 per month on the open market, the company said in court papers. The company is seeking $250,000 in back rent and $5 million in diminished property value. Copyright 2001 Associated Press, All rights reserved