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$40k to move out: The man refusing to give up his apartment

·2-min read
New York skyline and two men in apartment block
Nejat Ozsu (left) said he was refusing to leave because he and his dog had nowhere else to go. (Source: Getty/Twitter: Adam Leitman Bailey @ALB_pc)

A tenant living in New York City has turned down a $42,118 (US$30,000) offer to vacate his apartment so it can be turned into a luxury condo.

The lone tenant, Nejat Ozsu, has been holding up the $98.2 million (US$70 million) condo project by fighting the eviction notice, according to the New York Post.

In the US, a “condo” has a different ownership structure to an apartment building.

The condo is owned and managed by individual landlords, whereas apartments are typically owned and managed by a corporation, known as a property management company.

Ozsu and his lawyer, Adam Leitman Bailey, also alleged “bullying tactics” were being used to force him out, such as leaving a loud industrial fan running outside his apartment.

He also had to enter his apartment via a plastic door with zips because of nearby construction work.

The tenant said he was refusing to leave because he and his dog had no other housing options.

He currently rents his one-bedroom penthouse apartment on the Upper West Side, which has a deck with expansive views, for $4,679 (US$3,350) a month.

Leitman Bailey said the $US30,000 offer to vacate was “not a generous offer”.

When questioned if the refusal was a ploy to get more money, Ozsu replied that he had “no place else to go”.

The landlord stated the tenancy was unlawful and the tenant was looking for a large payout.

Housing affordability

New York was ranked the 19th-least-affordable city in the world in the 2022 Demographia International Housing Affordability report.

But, while the Big Apple may have an expensive reputation, most major Australian cities are even worse.

Five Australian capital cities made the top 20 in the report, which ranked Sydney as the second-least-affordable housing market, internationally, after Hong Kong.

The median dwelling value in the harbourside city is $1.1 million.

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