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