Agreement Reached To Preserve Rent Protection At Gateway Plaza In Battery Park City, Manhattan
Battery Park City Authority and local elected officials have reached an agreement with LeFrak and its partners, the Olnick Organization and Fisher Development, doing business as Marina Towers Associates, to preserve rent protections for about 430 units at Gateway Plaza in Battery Park City, Manhattan. The deal extends protections that had been set to expire in July 2030 through June 17, 2069, covering residents who have remained in continuous occupancy since July 1, 2009 and maintain their primary residence in New York State.





