Icon Realty Settles Tenant Harassment Case

Attorney General Eric Schneiderman (Cindy Schultz / Times Union)

NEW YORK CITY—New York State Attorney General Eric Schneiderman announced on Wednesday a settlement between the Tenant Harassment Prevention Task Force (a city and state multi-agency group) and Icon Realty Management, led by Terrence Lowenberg and Todd Cohen. The agreement requires the landlord to end alleged harassment and hazardous living conditions for tenants in buildings Icon owns and manages.

Icon will pay $300,000 to the State of New York to fund the task force’s cost of the investigation and $200,000 in penalties, fees and costs to New York City’s Housing Preservation & Development and Department of Buildings. The settlement covers hundreds of tenants currently living in Icon’s rent-regulated buildings located in the East Village, the Lower East Side and Brooklyn.