The loft building at 49 Bleecker Street in Noho. Image: Google maps.
There have been a lot of discussions recently about the city’s lack of affordable living space causing artists to flee the city, and about the relevance of regulations like the Loft Law, created to allow artists to live in neighborhoods like Noho and Soho. The New York Post now brings us the case of millionaire movie producer Sebastian Bear-McClard, 31, and his wife, model/actress Emily Ratajkowski, 27. The pair is reportedly living rent-free in a sprawling Noho loft at 49 Bleecker Street. The pair’s landlord, of course, isn’t happy with the fact that Bear-McClard, who is apparently worth an estimated $12 million, has been claiming protection under the state’s Loft Law since 2017, to the tune of $120,000