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    Search results for "Rent Overcharge"

    Court Holds That Agency Rent Overcharge Calculation Violated Law

    Court Decisions  •  Rent Overcharge  •  Citywide

    27 West 96th Street in Manhattan. Image Credit: Google Maps.

    Landlord not responsible for more than four years of overcharged rent. On August 16, 2018, the Appellate Division for the First Department held that the landlord for 27 West 96th Street in Manhattan did not engage in a fraudulent scheme to evade the Rent Stabilization Law and therefore the New York State Division of Housing and Community Renewal (DHCR) had miscalculated the amount of overcharged rent that was due back to tenants. (more…)

    Tags : deregulation, DHCR, J-51 benefits, overcharge, rent, rent deregulation, Rent overcharge, Rent Stabilization Law, stabilization
    Date: 09/11/2018
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    Governor Cuomo Signs Sweeping Rent Control and Rent Stabilization Reforms into Law

    Governor  •  Rent stabilization  •  Statewide

    Image Credit: New York Senate.

    The law places limits on various mechanisms through which landlords of rent-regulated units can raise rent and provides many other protections for tenants. On June 14, 2019, Governor Andrew M. Cuomo signed into law the Housing Stability and Tenant Protection Act of 2019, which Cuomo called “the most sweeping, aggressive protections in state history.” The legislation extends and strengthens rent protections for tenants across the state and went into effect before the expiration of the existing rent regulations on June 15, 2019.  The new legislation makes the rules permanent, repeals high-rent vacancy deregulation and vacancy and longevity bonuses, reforms rent increases for major capital improvements and individual apartment improvements, creates protections for tenants across the state, and allows communities outside of the City to opt into rent stabilization. Assembly Speaker Carl E. Heastie and Senate Majority Leader Andrea Stewart-Cousins sponsored the bills with many co-sponsors in both the State Senate and State Assembly. (more…)

    Tags : affordable housing protections, Governor Cuomo, Housing Stability and Tenant Protection Act of 2019, individual apartment improvement rent increases, major capital improvement rent increases, New York State Division of Housing and Community Renewal, preferential rent, rent deregulation, rent regulation, rental guideline board, repeal vacancy and longevity bonuses, tenant protection during co-op conversion
    Date: 06/19/2019
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    Owner Wins Rent Stabilization Dispute

    CityLaw  •  Rent Stabilization  •  Tribeca, Manhattan

    50 Murray Street in Manhattan. Image credit: CityLaw.

    Tenants of a Tribeca high rise luxury rental building claimed protection of rent stabilization. Tenants of Tribeca House, a luxury rental residential building located at 50 Murray Street, Manhattan claimed that the owner of the building overcharged the tenants. Tribeca House, a twenty-one-story luxury loft apartment building, has 389 apartments comprised of studio, one, two, and three bedroom units. (more…)

    Tags : 50 Murray Street, loft apartment, Real Property Tax Law, residential building, Section 421-g, tenants
    Date: 08/17/2018
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    Court of Appeals Rules Tenant’s West Village Apartment Is No Longer Rent-Stabilized

    Court Decisions  •  Rent Stabilization  •  West Village

    West Village. Image credit: Heath Brandon.

    Post-vacancy increases included in calculation for rent stabilization deregulation. On April 26, 2018, the New York Court of Appeals held that vacancy increases are included in determining if the rent amount triggers deregulation of a rent-stabilized apartment. Richard Altman sued 285 West Fourth LLC, its landlord, asking the court to declare that his apartment is subject to rent stabilization and requiring the landlord to offer Altman a rent-stabilized lease. Rent stabilization provides tenants with rates for rent increases set once a year by the Rent Guidelines Board limiting how much a landlord can increase the rent. (more…)

    Tags : apartments, legal regulated rent, Rent Stabilization Law, rent stabilized, statutory threshold, vacancy increases, West Village
    Date: 05/24/2018
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    Central Park West tenants win rent case

    Court Decisions  •  Rent Stabilization  •  Upper West Side

    Owner claimed that federal law pre-empted Central Park West building from rent stabilization. In 1969, Jacob Haberman purchased nine separate tenement buildings at 431–439 Central Park West in Manhattan. Haberman took out a loan from the Federal Housing Administration in order to rehabilitate and combine the tenements into a single apartment building containing 120 units. In 1980, Haberman received a subsidy grant from the U.S. Department of Housing and Urban Development, and contracted with HUD to continue renting to low- and moderate-income tenants until the loan matured in 2011. (more…)

    Date: 01/16/2018
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