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Residential / New York / 2 min

150 Charles Street Owners Seek $624K in Rent, Eviction

The sale they say collapsed was priced $2.17M, or 47%, above the 2015 deed in the public record.

Edited by Stephanie Cook · How we report
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$4.58M2015 deed price for unit 2AN, recorded Oct. 23, 2015
$6.75MSale price the owners say fell through, per the Post
+47.3%Reported sale price over the 2015 deed
$624,000Rent the owners demand for the year through July 2026

The owners of a $26,000-a-month condo at 150 Charles Street want $624,000 in rent from the occupants and say a $6.75 million sale collapsed while the tenants stayed. ACRIS shows the owners, Cathy L. Crane and Salvatore Trentalancia, paid $4,582,125 for unit 2AN in October 2015, so the lost sale was priced 47.3% above their cost.

Why it matters

The stake is a gain the record makes concrete. The 2015 deed is the last transfer of record on the unit, so a $6.75 million sale would have returned $2,167,875 over the purchase price, before costs. That is the money the owners say they lost when, per their July complaint as reported by the New York Post, the occupants refused showings after a lease that ran Aug. 22, 2024 to July 31, 2025 expired.

The Post reports the occupants dispute this, say payments were on time, and question whether the buyer was real. The dispute is unproven. The Post also reports a December trial in the eviction case. For West Village condo owners who rent units out, the case tests how an overstay clause that doubles rent holds up when a sale is pending. See the New York market page for other filings read against the record.

The numbers

The deed runs from the building’s sponsor, 150 Charles Street Holdings, LLC, to the two owners for $4,582,125, dated Oct. 13, 2015 and recorded Oct. 23, 2015. A $1,800,000 mortgage was recorded the same day, or 39.3% of the price. The Post does not name the unit, so linking it to 2AN rests on the owners’ names. No satisfaction of that mortgage is indexed against the lot, and ACRIS cannot show the current balance.

The owners ask for $624,000 under the doubled-rent clause, or alternatively $327,600, plus at least $30,000 for utilities and charges, at least $100,000 in legal fees and $250,000 in punitive damages, per the Post. At $26,000 a month the base rent is $312,000 a year, about 4.6% of the $6.75 million sale price.

What’s next

Watch for the December trial and for any new ACRIS filing on lot 1214, such as a deed or a mortgage payoff. The occupants have denied the owners’ account to the Post, and the court file was not reviewed for this story.

On the record

What we checked ourselves, and where you can check it too.

  • Public recordACRIS deed 2015101900923003 conveys 150 Charles Street unit 2AN (block 636, lot 1214) from 150 Charles Street Holdings, LLC to Salvatore Trentalancia and Cathy L. Crane for $4,582,125, dated Oct. 13, 2015 and recorded Oct. 23, 2015. The Post names the owners as Cathy Crane and Salvatore Trentalancia but does not give a unit number, so the tie to 2AN rests on those names.View the record on a836-acris.nyc.gov
  • Our dataThe buyers took a $1,800,000 mortgage (2015101900923004) the same day, 39.3% of the price. Fourteen documents are indexed against lot 1214 in ACRIS and none is a later deed, so the 2015 deed is the last transfer of record. The $6.75M sale price the Post reports the owners lost is $2,167,875, or 47.3%, above the 2015 price.View the record on a836-acris.nyc.gov

On the record

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