Ross Haberman, Hedge Fund Manager, Sues To Keep $380/Month Rent At His Park Avenue Apartment

First Posted: 04/11/10 06:12 AM ET Updated: 05/25/11 04:30 PM ET

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Hedge Fund Park Ave Apt
Hedge Fund Manager Sues To Keep $380/Month Rent At His Park Avenue Apartment

A monetarily secure hedge fund manager is suing to keep his rent on Park Avenue rock bottom. Though Ross Haberman could afford the increase (which could be as much as thirty times what he's paying now) his lawyer says he shouldn't have to since he was willed the apartment by his late grandpa, real-estate legend Louis Katz.

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A monetarily secure hedge fund manager is suing to keep his rent on Park Avenue rock bottom. Though Ross Haberman could afford the increase (which could be as much as thirty times what he's paying now...
A monetarily secure hedge fund manager is suing to keep his rent on Park Avenue rock bottom. Though Ross Haberman could afford the increase (which could be as much as thirty times what he's paying now...
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HUFFPOST SUPER USER
doctorkosan
PhD Chem E, HBS
67 Fans
 
10:38 AM on 02/10/2010
I thought he was a free marketeer
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HUFFPOST SUPER USER
janejoad
518 Fans
10:42 PM on 02/09/2010
It's not that I hate the rich. It's that they always find a way to get by on the cheap while others pick up the tab. In this case Grandpa, a REAL ESTAE LEGEND, somehow fixes the price. I told you before. They pass it on , pass it on, pass it on. Eventually, it gets to this guy, who probably never worked as hard as Grandpa, but sure learned how to work it.
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holyghostie
751 Fans
09:22 PM on 02/09/2010
IF there is any justice in the world, god will strike this guy down.
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liberal user
0 Fans
05:40 PM on 02/09/2010
still no recovery. expect a bad double dip recession
hat tip to: http://financenews.esmartkid.com/index.html
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JTHC75
53 Fans
04:26 PM on 02/09/2010
It's not because of rent control. His family owned the building at one point and set aside these units for the children. The rent is controlled by contract in this case, and I have to side with the guy here--it's not his fault, and I wouldn't want to pay more either if the only argument is "It's not fair."
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Palito
chevere!
114 Fans
05:27 PM on 02/09/2010
Ok I c it's a family dispute now.
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Palito
chevere!
114 Fans
04:16 PM on 02/09/2010
Hate? I think it is hilarious to see a rich person suing for such a ridiculous amount and inventing such excuses when rent control is supposed to help people of lower income stay in the city.

does NY allow rent controlled apartments to be passed to heirs other than spouse or children living in the apartment?
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RickshawJohnson
49 Fans
03:13 PM on 02/09/2010
Cue the "hate the rich" crowd in 3.....2......1.......
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