This website explains important rights you may have, including your possible receipt of cash or other benefits from the Settlement. Your legal rights are affected whether you do or do not act. Also available on this website is the Proof of Claim form that you must complete on or before April 16, 2020 to participate in the Settlement. Please read this website carefully.

The Notice, Proof of Claim form, and other Settlement information on this website is provided pursuant to an Order of the Supreme Court of the State of New York (the “Court”) in the class action titled In re Gateway Plaza Residents Litigation, Index No. 651023/2014 (the “Class Action”). The purpose of this website is to inform you of the proposed Settlement of the Class Action for $10,000,000 in cash and in rent abatement, a cap on rent increases for leases entered into between July 1, 2020, and June 30, 2022, and certain additional non-monetary consideration. This website describes the rights you may have in connection with the Settlement and what steps you may take in relation to the Settlement, as well as provides information about the Fairness Hearing that will be held by the Court to consider the fairness, reasonableness, and adequacy of the Settlement.

For further information regarding this Settlement, you may review the FAQs page of this website, or contact Class Counsel, whose contact information is in FAQ 14. DO NOT CONTACT THE COURT.



Your Legal Rights and Options in This Settlement
Submit a Claim Form
Deadline: April 16, 2020		 The only way to get a payment. You must submit a Proof of Claim to receive a payment in connection with this Settlement.
Exclude Yourself
Deadline: January 31, 2020		 Get no payment. This is the only option that allows you to bring or be part of any other lawsuit against Marina Towers with respect to the Claims in this case.
Object
Deadline: January 31, 2020		 Write to the Court and explain why you do not like the Settlement.
Go to the Hearing
March 2, 2020 11:00 a.m.		 Ask to speak in Court about the fairness of the Settlement.
Do Nothing Get no payment and give up your rights. Alternatively, submit a Claim.

These rights and options—and the deadlines to exercise them—are explained further on this website.

Current Status

Settlement Update: Final Judgment in the case was entered on August 5, 2020. Pursuant to the terms of the Settlement, it is expected that distributions to class members will occur no later than Monday October 5, 2020.


Important Dates
  • April 1, 2008 - Present
    Class Period
  • January 31, 2020
    Deadline to Exclude Yourself from the Settlement
  • January 31, 2020
    Deadline to Object to the Settlement
  • April 16, 2020
    Deadline to File a Claim
  • March 2, 2020 at 11:00 a.m.
    Fairness Hearing