Apartment Was Improperly Deregulated Based on Disallowed IAI Costs
LVT Number: #28655
Former tenant sued landlord, claiming rent overcharge and improper apartment deregulation. Tenant also sued individual officers of the owner entity, the managing agent, and one of landlord's employees, claiming that they were personally responsible. Landlord claimed that tenant's apartment was properly vacancy deregulated before tenant moved in, based on the applicable vacancy increase, longevity increase, and an increase for individual apartment improvements (IAIs). Tenant asked the court to rule without trial based on documentary proof.
Haygood v. Prince Holdings 2012, LLC: Index No. 155091/2016, 2018 NY Slip Op 51182(U) (Sup. Ct. NY; 7/30/18; Freed, J)