Billionaire Creates His Own “No Parking” Zone, Neighbors Get Towed

so Noam Gottesman – co-founder of the GLG hedge fund – has been accused of something that sounds like it came from a Seinfeld episode https://t.co/RsH6WE8vaC — Tony Tassell (@TonyTassell) July 10, 2019 Billionaire hedge fund mogul Noam Gottesman is trending in headlines for the fake “no parking zone” he created in front of his…

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Billionaire Creates His Own “No Parking” Zone, Neighbors Get Towed | The News Wheel

so Noam Gottesman – co-founder of the GLG hedge fund – has been accused of something that sounds like it came from a Seinfeld episode https://t.co/RsH6WE8vaC

— Tony Tassell (@TonyTassell) July 10, 2019

Billionaire hedge fund mogul Noam Gottesman is trending in headlines for the fake “no parking zone” he created in front of his $35-million-dollar NYC apartment. His outraged neighbors have had their cars towed for parking in this area, which he’s been using as a 24-hour personal parking spot. 

The details of the story

Per New York Daily News, Gottesman created this personal parking space back in 2008, when he renovated his apartment. The Department of Buildings has declared this to be an illegal curb cut (i.e. an unauthorized slice in the edges of a public sidewalk to make it look like a driveway). 

Gottesman’s transgression came to light when one of his neighbor’s, Eyal Levin, contested a parking ticket he got after parking in this space. DOB spokesman Joe Soldevere confirmed that Gottesman didn’t get the proper permits and the organization’s permission before making the faux driveway.

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Irate residents

Levin is one of many locals who have gotten chased away from using the space and/or have received a citation. Though the space lacks any official “no parking” signs, Gottesman’s cronies have relied on threats of towing to shoo potential violators away. They also point out the “No Parking” and “Active Driveway” warnings that the magnate put on the complex’s back-entrance doors. 

Currently, the DOB is conducting further investigation into this unauthorized curb-cut scenario. Per Soldevere, the organization “will take further enforcement action, if warranted.” 

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News Sources: The DriveNew York Daily News

The News Wheel is a digital auto magazine providing readers with a fresh perspective on the latest car news. We’re located in the heart of America (Dayton, Ohio) and our goal is to deliver an entertaining and informative perspective on what’s trending in the automotive world. See more articles from The News Wheel.

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