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 … <Read More>
Search Results for: Rent Regulation
Buildings Exempted from Rent Law
Red Hook developer converted commercial buildings into residential apartments. Harbor Tech LLC in 1999 purchased a commercial complex located in the Red Hook neighborhood of Brooklyn that had been built in the 1920s and used continuously for commercial purposes. Harbor Tech by 2005 had converted the five interlaced buildings of the complex into 100 residential units.
Thirty-five residents of the complex in 2013 sued Harbor Tech to have the City’s Rent Stabilization Law applied … <Read More>
CityLand’s Top Ten Stories of 2019
Welcome to CityLand‘s eighth annual top ten stories of the year! We have selected a range of our most popular and prominent stories concerning New York City land use in 2019. Our 2019 coverage was highlighted by articles concerning land use approvals for large scale projects, affordable housing proposals, and projects that faced pushback from local communities who were concerned about infrastructure, access to transportation and local resources, and affordable housing. We at CityLand … <Read More>