A Dispute Where Art Pays the Rent; As Loft Law Nears Expiration, Landlords and Tenants Battle
Bragging about real-estate deals is to most New Yorkers what brandishing a fistful of wild animal pelts once was to the pioneers. It shows an ability to triumph over adversity and can humble the most bitter of rivals. But this week, residents of SoHo, TriBeCa, Chelsea and parts of Brooklyn went strangely quiet on the subject. "Uhm," mumbled Mac Adams, a sculptor who has lived in a sprawling TriBeCa loft since 1970, "can't you just say my rent is average?"