Tish James seeks to silence whistleblower, REBNY in Peak lawsuit

In her quest to return free-market apartments in 31 buildings to rent stabilization, New York Attorney General Letitia James is trying to gag a whistleblower and the real estate industry. The whistleblower, former state housing official Woody Pascal, had made a sworn statement that was temporarily sealed by a judge in July on James’ request. Peak Capital Advisors, which rehabilitated and deregulated the 31 buildings, sees Pascal’s statement as crucial to saving the $150 million investment. It could also help protect other firms’ projects from huge rent rollbacks. To get it unsealed, Peak’s lawyers removed every sentence to which James […]

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