Confusion existed in the closely held Limited Liability Corporation. In 2005, two tenants from 13 E. 17th Street filed a complaint with the Loft Board, claiming the building’s owner failed to install sprinklers as required and requesting fines. The tenants named Nathan Silverstein as the owner.

In Silverstein’s first letter to the Loft Board, he listed the correct owner as “13 E. 17 LLC,” but all remaining documents, including his formal response to the tenants’ charges, contained only Silverstein’s name. Silverstein then personally appeared at the OATH hearing. (more…)