ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Meet the Man who Stayed at a Hotel in New York For 5 Years Without Paying Anything

Mickey Barreto's audacious exploits include exploiting loopholes, legal battles, and criminal charges for falsely claiming ownership of the iconic Manhattan hotel.
PUBLISHED FEB 18, 2024
Cover Image Source: The Statue of Liberty | Getty Images | Photo by Drew Angerer
Cover Image Source: The Statue of Liberty | Getty Images | Photo by Drew Angerer

The surge in rent rates is showing no signs of ebbing anytime soon, and Americans are looking for innovative solutions such as living in vans among others, to save money as other costs go up as well. But as people struggle to find affordable accommodation, a New York City resident ingeniously exploited a little-known local housing law, allowing him to reside rent-free within the halls of a landmark Manhattan hotel for half a decade. But Mickey Barreto's audacious venture took an unexpected turn when he pushed the boundaries by filing documents asserting ownership of the entire New Yorker Hotel, so that he can charge another tenant rent for accommodations.

Skyline photo of empire state building in New York city | Pexels | Photo by Roberto Vivancos
Image Source: Pexels | Photo by Roberto Vivancos

His arrest and charges of filing false property records marked the latest episode of a scheme that unfolded when he and his partner paid a modest sum of $200 to secure one of 1,000 rooms within the towering Art Deco structure.

Situated near Madison Square Garden and Penn Station, the New Yorker Hotel holds a distinguished status as one of the city's largest landmarks. Its massive red "New Yorker" sign has made it a frequently photographed icon, hosting renowned figures such as Nikola Tesla and Muhammad Ali.

Image Source: Twenty47Studio/Getty Images
Image Source: Photo by Twenty47Studio | Getty Images

After relocating from Los Angeles, Baretto stumbled upon a legal loophole shared by his boyfriend, revealing that occupants of single rooms in buildings built in 1969 could demand a six-month lease. Leveraging this information, the accused contended that his one-night payment for the hotel room conferred upon him the status of a tenant, prompting him to request a lease from the establishment. The hotel, however, immediately ousted him

Undeterred, he immediately turned to the legal system. Following a denial by the judge, he appealed to the state Supreme Court and won the case for possession of his room. Living there without paying rent until July 2023, he remained unbothered, as the building's owners refused to negotiate a lease but lacked legal grounds for eviction.

Before his recent attempt, Barreto had escalated his scheme back in 2019, by uploading a fabricated deed to a city website, purportedly transferring ownership of the entire New Yorker Hotel from the Holy Spirit Association for the Unification of World Christianity to himself. Founded in South Korea by the self-proclaimed messiah Rev. Sun Myung Moon, the church acquired the property in 1976.

Contemporary hotel room interior with artwork on the wall | Getty Images | Photo by Smith Collection
Image Source: Getty Images | Photo by Smith Collection

Barreto's audacity reached new heights after he assumed the role of the building's owner. This included demanding rent from a fellow tenant, registering the hotel under his name with the New York City Department of Environmental Protection for utility payments, and insisting on the transfer of the hotel's bank accounts to his control.

Manhattan District Attorney Alvin Bragg highlighted the severity of Barreto's actions, stating, "As alleged, Mickey Barreto repeatedly and fraudulently claimed ownership of the New Yorker Hotel." However, Unification Church, the rightful owner, sued Barreto in 2019 over his false claims of ownership, including representations on LinkedIn. 

Image Source: istockphoto/Torjrtrx
Image Source: istockphoto | Photo by Torjrtrx

Despite the legal entanglements, Barreto maintains his innocence, adamantly declaring, "I never intended to commit any fraud. I don't believe I ever committed any fraud. And I never made a penny out of this." He frames his legal maneuvering as a form of activism aimed at thwarting financial gains for the Unification Church, known for its mass weddings, recruitment practices, and a controversial relationship with North Korea.

MORE ON MARKET REALIST
President Trump also spoke about the reason why he chose Kevin Warsh as the next Fed chair nominee.
9 hours ago
Taxpayers in Texas, Louisiana, or Mississippi who paid self-employment tax can get their money back.
1 day ago
Trump’s overall job approval slipped to 45% in January, down from 47% in December.
1 day ago
While the host found the answers stupid, the survey thought otherwise.
1 day ago
Shopper/TikTok creator, Jimmy Wrigg found beef and ham products to be half their labelled weight
2 days ago
Referring to his previous lawsuits, the president said he would be coming after Noah for "plenty$"
2 days ago
Harvey found the answer so stupid that he couldn't give up his chance to roast
2 days ago
Harvey got hyped after he found something in common with the NFL Hall of Famers.
2 days ago
Winning $20,000 on "Family Feud" is a big deal and emotions can run high. 
3 days ago
Jeff Probst will join Drew Carey to celebrate 50 seasons of Survivor.
6 days ago
The US may lose millions in tourist spending which could in turn cost 150,000 jobs as per WTTC
6 days ago
It's safe to say that Harvey has been yelled at quite a few times at home.
6 days ago
He said it will make the 2008 financial crisis look like a 'Sunday school picnic.'
7 days ago
National Taxpayer Advocate noted the IRS is battling 27% drop in workforce and new tax law changes
7 days ago
Harvey almost turned into Michael Jackson after hearing the answer.
7 days ago
This comes after a contractor exposed IRS data involving Trump, Elon Musk, Jeff Bezos, and others.
Jan 28, 2026
As a part of a plan to increase profitability, UPS will reduce 25 million work hours.
Jan 28, 2026
Despite low unemployment, many Americans remain only loosely attached to the workforce.
Jan 28, 2026
The Consumer Confidence Index slipped to 85.5 amid war concerns, rising costs, and a weak labor market
Jan 28, 2026