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May 29, 2018

Real Estate

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Nancy Mozzachio Files Lawsuit Against Cedar Realty’s CEO

Cedar Realty’s CEO namely Bruce Schanzer is now facing charges of pay discrimination and sexual harassment as filed by their former Chief Operating Officer namely Nancy H. Mozzachio. A judge in Brooklyn will soon be the one to decide if these charges must proceed.

As per Nancy Mozzachio’s statement of her filed lawsuit on November 2, she says that she has seen and heard Schanzer always making inappropriate comments to women as well as leering them. Aside from calling Nancy Mozzachio ‘babe’, Schanzer also commented about her breast. One time when she brought to her desk a coffee cup from Dunkin Donuts, she was commented by him to be bringing some double Ds to work. Moreover, she says that Schanzer has been giving here some groping hugs that are just uncalled for.

After Nancy H. Mozzachio filed the lawsuit of pay disparity and sexual harassment, the company decided that it be best for her to be fired from work as well. By February 2016, she was terminated when she was found to have gone to the outside counsel of Cedar to discuss what procedures she must take for the sexual harassment lawsuit she is filing. Based on her claims, after her meeting was canceled on the spot, she was then being told by the company that she will be terminated the next week.

Allegations were then investigated by Cedar Realty after a 2015 external investigator probe. However, according to Nancy Mozzachio, the investigator never probed on the allegations made by the female employees who were said to be harassed sexually by Schanzer. One of the reports of the Wall Street Journal has even gotten some claim from one female employee who has been asked by Schanzer what color her underwear is. So that investors will not be taking back their money from the company, these complaints are silenced as per Mozzachio by paying by payroll the complainants.

The company has obtained some success because of Nancy Mozzachio and she as well. In 2003, she became the director of leasing and then was promoted vice president by 2004, while in the year 2014, she then became the chief operating officer. In terms of her complaints, the company is giving her only a smaller bonus and a lower salary as chief operating officer in comparison to their chief financial officer that should not be the case as she must be the one receiving a higher amount. Cedar Realty expectedly denied the charges and as per findings, the allegations were without merit.

Even if this is the outcome, Nancy H. Mozzachio will still not back down. She will continue fighting for the right of women working in a safer workplace.