# Spitzer Sues Over Stalled Demolition | Real Estate News

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/spitzer-sues-over-stalled-demolition-real-estate-news
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/spitzer-sues-over-stalled-demolition-real-estate-news.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-07-24T17:16:20+00:00
Episode link: https://sources.thednn.ai/0ed61bca54021b79
Audio file: https://api.fastcast.ai/audio/824aa74f-529a-40db-8962-77eb994c3089.mp3
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JSON: https://stenobird.com/v1/public/podcasts/real-estate-news-today-2-min-news-the-daily-news-now-7843453/episodes/spitzer-sues-over-stalled-demolition-real-estate-news
Duration seconds: 128

## Resource

Former Governor Eliot Spitzer is suing the state over a two-year delay in approving the demolition of 985 Fifth Avenue, a prime real estate spot near the Met, to build luxury condos. He claims the DHCR is stalling intentionally to protect six rent-stabilized tenants, despite meeting all legal requirements—including securing $100 million in funding. A former DHCR official’s sworn statement alleges political pressure is behind the delays, and Spitzer accuses the agency of creating unjustified roadblocks. The case echoes a 2022 precedent that took seven years, prompting new rules—but Spitzer insists he’s followed the law. With a potential $100 million payoff at stake, this legal battle exposes the deep tension between development and rent-stabilized housing protections. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0ed61bca54021b79

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