Tenants Harassed by Croman Can Now Receive a Piece of $8M Settlement Fund
It’s time for “Crow man” to pay the piper.
For those who endured harassment from ex-con Steve Croman, who just got out of the clinker after an eight-month stint, restitution is on the way. Tenants who lived, or currently live, in one of the buildings owned by the controversial landlord (aka 9300 Realty) can now apply to receive a chunk of the $8 million in settlement money decided by the Attorney General’s office this past December.
Eligibility criteria is as follows: if residents are or were a tenant in a rent-stabilized or rent-controlled apartment owned by Croman between July 1, 2011 and the date of the agreement (December 20, 2017); they received a buyout of less than $20,000, not including any amount that purported to cover rent or arrears; and no other tenant in their apartment received money from the restitution fund.
There are allegedly several hundred current and former tenants who are eligible to apply. Claim notices along with forms were mailed to current and former rent-stabilized and rent-controlled tenants in Croman’s buildings this week.
The $8 million will be divided equally and distributed to tenants in installments over a period of 38 to 42 months, with the first installment coming as soon as the claims administrator processes all of the first-round claim forms.
“This office has zero tolerance for predatory landlords who seek to line their pockets at the expense of their tenants’ wellbeing,” said Attorney General Underwood. “Now, Croman tenants will finally get the restitution and protections they deserve as a result of this unprecedented settlement — the largest-ever with an individual landlord. We will continue to do everything in our power to ensure landlords play by the rules, and pursue them to the fullest extent of the law when they don’t.”
It’s also worth noting that the settlement requires over 100 of his residential properties to be run by an independent management entity for five years, plus an additional seven years of independent monitorship to oversee compliance with the terms of the consent decree, and provide regular reporting to the Attorney General.