Waaaay back in 2005 East Villagers and New Yorkers alike were horrified to learn that not only were Catherine and Alistair Economakis planning to evict all the tenants in their apartment building at 47 East Third Street in order to create an 11,575 square foot mansion, but that they got away with it, too for a mere $75,000. Fast-forward six years and it is happening again. But this time it is in the district of City Council Speaker and Mayoral hopeful Christine Quinn, so naturally SOMETHING MUST BE DONE. more ›

After many years of litigation and accusations, the fight over the transformation of an 11,000 square-foot East 3rd Street 15-unit, rent-stabilized tenement into a single-use mansion has been settled, according to our sources. Earlier today, the two sides--the landlords, who want all 11,000 square feet for their family, and the tenants, may of whom lived there for decades--headed to court. The tenants believe the Economakis family will not use the space for themselves and will actually flip the building for millions or rent it out at market rates, but Alistair Economakis insists he just wants to "unify the space" for his family (see how it's not unified here). No word on what the remaining tenants settled for yet. more ›