72 Forsyth Street

Marolda Properties Unloads 3 Forsyth Street Tenements for $24.4M

Posted December 4, 2015 at 5:17 am

​Thus continues the gentrification of vital Lower East Side parkspace. Notorious local landowners Marolda Properties – currently under investigation for illicit forced removal of rent regulated tenants – just unloaded a string of pre-war tenements lining the eastern perimeter of Sara D. Roosevelt Park. The transaction netted $24.4 million, more than twice what they paid […]

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Gov. Cuomo Subpoenas Marolda Properties for Tenant Harassment in Chinatown

Posted August 22, 2014 at 6:00 am

Public officials are finally recognizing the enemies besieging rent regulated tenants all around the Lower East Side and Chinatown. At least partially. While Steve Croman is investigated (and sued) for harassing rent-regulated tenants, another controversial landlord is in hot water. Marolda Properties is accused of similar tactics at three of its Chinatown properties, including ongoing […]

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Trio of Forsyth Street Tenements Fetch $9.82 Million

Last modified June 27, 2012 at 1:27 am

A trio of Forsyth Street tenement buildings just fetched $9.82 million, and represents the first sale of these properties (72, 74, & 104) in more than three decades.

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