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Attorney General Eric Schneiderman recently announced that a landlord and developer of an Upper West Side building will pay the city a $500,000 settlement for illegally buying two elderly, rent-controlled tenants out of their units, and later trying to conceal the fraudulent transaction. The developer, who began converting apartments in the building into condominiums in May 2012, bought the units from them for $200,000 and $155,000 respectively in Dec.
