Aby Learns His Lesson

This week, real-estate mogul Aby Rosen spoke to The Observer about his partnership with Ian Schrager, and their luxury residential projects.

But today, the savvy developer found himself in trouble with former landlord, Sharon Goldman. Housing Court Judge Gerald J. Lebovits ruled against Mr. Rosen, forcing him to pay Ms. Goldman just over $208,000 to cover legal fees, disbursements, and interest. The dispute stemmed from a mid-2004 lease agreement for three floors at 12 East 68th Street.

“The bad news for Aby is that he has learned an expensive and painful lesson in landlord-tenant law,” said Warren Estis, a founding partner of Rosenberg & Estis, in a release.

But if Mr. Rosen can get $3,000 a foot on Bond Street, he should have the money back in no time.

-Michael Calderone

Aby Learns His Lesson