Apartment in Co-op Building Receiving J-51 Benefits Not Subject to Deregulation

Apartment in Co-op Building Receiving J-51 Benefits Not Subject to Deregulation



LVT Number: #29862

Landlord applied in 2011 for high-rent/high-income deregulation of tenant's rent-controlled apartment. Tenant's rent was more than $2,000 per month and landlord sought verification of whether tenant's annual household income was more than $175,000 in 2009 and 2010. The DRA ruled against landlord because the building was receiving J-51 tax benefits during the relevant time period.

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RAM I LLC: DHCR Adm. Rev. Docket No. BQ420011RO (11/23/18) [7-pg. doc.]