Supermodel exploits legal loophole and skips rent for 2 years!

[Aaron DiCaprio]

According to a lawsuit, Ratajkowski and her husband (total net worth of $17M) have been able to live rent-free at their 1,100 square foot apartment because of an obscure New York state law called the Loft Law. Passed in 1982, the law prohibits tenants living illegally in former commercial or factory buildings to be evicted.

Apparently, the intent of the law was to help struggling artists (not uber-wealthy celebs) living in Manhattan studios from getting tossed out for not paying rent.  

Pursuant to this law, if a building doesn't have a residential certificate of occupancy, which would require landlords to bring fire and safety codes current, they can't evict tenants from living there.

The celebs' building doesn't have the required certificate so they can't be evicted.

They owe the landlord $120,000!!!

Unbelievable!!

Does anyone know of any other similar obscure laws?

[Eli Lederman]

welcome to ny