Apartment Rented to Nonprofit Wasn't Rent Stabilized
LVT Number: #29907
Tenant, a not-for-profit organization, and apartment occupant sued landlord, claiming that the rented apartment was subject to rent stabilization and that landlord unreasonably withheld consent when tenant asked to assign the apartment to occupant. The court ruled against tenant and occupant, who appealed and lost. The apartment wasn't rent stabilized. The apartment rent was more than $2,000 per month when tenant moved in, and landlord submitted proof of individual apartment improvements (IAIs) that supported the rent.
Ecumenical Community Development Organization, Inc. v. GVS Properties II, LLC: Index No. 156405/12, 2019 NY Slip Op 00360 (App. Div. 1 Dept.; 1/17/19; Renwick, JP, Manzanet-Daniels, Gische, Mazzarelli, Kahn, JJ)