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Squatters From Hell: $7M NYC Townhouse Used As Brothel & Poker Club
In what takes the prize for the wildest real estate investment-turned-squatter-nightmare story of 2021, a lawsuit in New York details that a $6.9 million townhouse in an upscale part of NYC near Park Avenue has been effectively turned into a "members only" brothel and gambling club. A real estate investor rented out a 3,000-square-foot triplex within the building for $16,000-a-month to a tenant, who in turn sublet it beginning in November 2020 after going to Brazil, according to court records; but soon after, neighbors began complaining about all night parties and drugs on the premises, complete with a pair bouncers ... (full story)