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New York City Third-Party Property Transfer Class Action

New York City · Third-party transfer property seizure program · Settlement Reached

About this case

A class action alleges that New York City’s third-party transfer program unconstitutionally seized homeowners’ properties and deprived them of surplus equity, with disproportionate effects on Black and brown communities. The city has agreed to a proposed $60 million settlement covering 64 properties, but the agreement has not yet been approved by a federal judge.

Case overview

Defendant company
New York City
Product or service
Third-party transfer property seizure program
Case status
Settlement Reached
Lawsuit type
Other
Reported harm
Other

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