NY court rules against real estate company

NEW YORK (AP) -- A court has blocked a New York City real estate company from redeveloping two historic tenement buildings.

The tenements, on Manhattan's Upper East Side, were built in 1915 as part of a model complex that aimed to improve the quality of affordable housing.

Stahl Real Estate says it is considering an appeal.

In her decision, State Supreme Court Justice Emily Jane Goodman says it's "ironic" to consider building a 28-story tower in a complex historically significant for its access to light and air.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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