Banker Sued For Renting Out Tribeca Pad by the Night

The apartment.

The “authentic Tribeca loft.”

United American Land is suing an investment banker for renting out his rent-stabilized Tribeca apartment by the night.

The real estate development and management company alleges in a New York Supreme Court lawsuit that William Terry Krueger, the co-founder and senior managing partner at Nova Capital Partners, an investment bank focused on emerging markets, and the other tenant of record, Adrienne Kennedy, were renting out Unit 5SW at 118-120 Duane Street between Broadway and Church Street on a nightly basis. The recent suit also names the subtenants, John Doe and Jane Doe, as defendants. Read more on the Commercial Observer .

Banker Sued For Renting Out Tribeca Pad by the Night