National Arts Club Reclaims Its Real Estate

They don’t look very good right now, but ten Gramercy Park apartments formerly controlled by ex-president Aldon James and his brother John will soon be returning to the market. Relatively soon, that is, following gut renovations that were much-needed after the apartments’ time in the hands of the two hoarders.

Last week, Real Estate Weekly reported that the National Arts Club had finally reached a settlement with the Attorney General’s office allowing it to tidy up the club’s governance, financial controls and the filthy apartments. Today a state appeals court upheld the National Arts Club’s decision to boot the James brothers, the New York Post reported.
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National Arts Club Reclaims Its Real Estate