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New York City Property Seizure Class Action Settlement

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

About this case

The lawsuit alleges that New York City’s third-party transfer program improperly seized properties, including from Black and Latino homeowners, without providing constitutionally required compensation for the owners’ equity. The parties have agreed to a $60 million settlement covering properties seized during the program’s 2017 and 2018 round, but the settlement still requires approval by a federal judge.

Case overview

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

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